Recent content by MarketJudas

If you look very closely at your chart you will notice that the bottom right half of the "head" and the still developing "right shoulder" actually form a sort of mini, inverted head and shoulder pattern. With that said, H&S, inverted or not, is entirely dependent on volume. If the volume...

Sentiment is wildly bullish and it is global. Even Greenspan acknowledged this fact in his recent speech at Jackson Hole. Sentiment should not be gauged by put call ratios, newletter sentiment, polls of money managers, etc.; sentiment should be gauged by risk premiums and they are...

Corporate and soverign spreads versus treasuries and their derivatitive - equity market implied volatility. The perfect storm has arrived. Are you ready?

What sentiment gauges are you looking at? The ones I follow-- which are tied to what participants are doing with their dollars, not what they're saying-- are still wildly bullish. So far the market has completely ignored the storm clouds gathering on the horizon.

Don't forget the parade of earnings warnings coming in mid-to-late September when businesses get a better feel for impact of the oil shock. With that said, for many of the company's tied to discretionary spending, it may very well be a cover the news event as the stocks are already getting...

New brokers without significant assets to draw from friends and family are effectively glorified telemarketers. When I was a broker (late 1990s, early 2000), they had us spending six to eight hours per day cold calling-- quite often right out of the yellow pages if a better list could not...

Energy prices will continue to rise until the American consumer is completely gassed (pun intended). With that said, we're in Iraq for a reason friends and it has absolutely nothing to do with terrorism, WMD, evil dictators and spreading democracy. The Dragon is no longer asleep and by...

Actually, "confirmations" are usually a back office issue. Trader A at Firm X sells to Trader B at Firm Y. If not confirmed electronically, the back office of each firm communicates with one another to verify that each firm recognizes the trades and accounts for them. Where the system...

What symbol does IB use for the Dow Jones Transportation Index? Thanks.

Cramer is touting South American banks and expensive technology toys in the face of $3.00 gas prices. Who's bags is Cramer carrying and why?

There are three measurable components to every market: 1.) Time 2.) Price 3.) Volume Ignore anyone of the three at your own peril.

ROTFLMAO.. a.) "There is talk". b.) "[selling] pressure in the coming days and weeks". Yes, we all know Buffett's time horizon is a few days and weeks. Not years, if a generation. Sounds like it is time to get REAL long energy futures into weakness. Most likely we are on the...

Yes. Low volume moves will retrace more often than not.

Here is step one. Stay away from pink sheet and OTC-BB listed companies. If you are like I once was, you are "attracted" to the low price. However, as you will soon learn, the low nominal price of a stock does not equate to a higher potential return; just the opposite actually.