We had an interesting week in the market. Although we stayed fully invested, the smaller caps and leadershad a fairly tough week, yet the larger caps once again felt little pain. I have to say that this week’s decline shouldn’t be surprising to anyone that follows the market religiously as we simply moved up a […]
You don’t have to be right too often to outperform the markets. In fact, the strategy introduced in our upcoming book, the one that doubled (almost tripled) a Buy and Hold approach has a win rate of only 47%! That means it is wrong more than right. How can that be?? How can you be wrong […]
Another productive week in the market. In fact, I want to keep this report short since really not much has changed since last week. We had two really strong “tests” this week with a negative reversal on Tuesday, where the market spent the morning in positive territory, then the rest of the day giving up […]
When the market is not healthy, you should not be invested, period. For me, this was one of the hardest concepts to grasp in my early years. In fact, as you will see with our trades in the appendix, using the strategy in this book, you will be out of the market almost 40% of […]
The market continues to act well. Although we technically closed up for the week, I don’t really look at the week as positive from a performance perspective, but rather positive from a consolidation point of view. We have sort of a resting period occurring which will lead the way to better opportunities shortly. Many times […]
The following story is a great example that can applied to trading and a willingness to sell when you only have a small decline. It is quoted from the book, The Psychology of Speculation by Fred C. Kelly. I also use this example in my book, Buy and Hope which you can ‘Look Inside’ at Amazon here A little boy […]
The market continues to act well. Although we technically closed down for the week, we aren’t seeing any medium or longer term warning signs. A small pullback is certainly expected (and welcomed) after such a strong runup over the past month. Yesterday we had a strong decline on increased volume which does create a small […]
Not much can stop the imagination of a little boy, particularly when his older brother is as adept at scaring the lights out of his bro as my brother was. I remember one particularly ‘effective’ moment when my brother contributed to my now balding scalp by scaring the day lights out of me. ==Below is […]
The market seems to have finally officially moved out of correction mode this week. If you’ve been following our weekly emails, you know that the S&P500 and Dow Jones have been acting well for over a month, but the smaller cap and technology stocks have been showing their unpopular states, yet this week that all […]
The market continued to act quite well this week, and certainly is looking much healthier than it did just two weeks ago. Still significantly down from its’ high made in February, the Nasdaq has recovered more than half of its decline and it is finally showing a small gain for the year. The riskier Russell […]