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TUES. AUG. 17- The Hindenburg Omen Something that has made the rounds on Wall Street lately is talk of the Hindenburg Omen. The Hindenburg disaster as most history buffs know took place in 1937 when the German passenger ship (Hindenburg) caught fire and burst into flame. Thus, perhaps it is...

MON. AUG. 16- The Opening Indication Tell...Is Not Always A Tell Every single morning, indications are published as to the approximate opening range that a NYSE stock will have due to order displacement. The displacement is typically the result of major news in the individual stock and/or...

Quick edit: In the post, should have read "251.86" rather than "241.86"

FRI. AUG. 13- The Liquidity Rush This post is going to be one of the ones that fall under the “this is so obvious that you shouldn’t write about this, Erik,” but sometimes what seems obvious on the surface is not so obvious. Let’s say you were in the market for a new car- let’s say...

THURS. AUG. 12- Here We Go Again The last sentence of yesterday’s piece was this:”The truest indications of the Fed’s actions over the coming days and weeks will be the performance of the bonds, gold, and dollar…all of these indicators will likely play a very significant role on a...

WED. AUG. 11- Notable Fed Move Yesterday afternoon, the Federal Reserve did its best to walk a fine line between appearing overconfident about the economy, unconfident about the company, realistic, and unanimous. It was a near impossible task but they pulled it off fairly well judging by the...

TUES. AUG. 10- The Quiet Money Chase If I were to drive to the place I grew up (Savannah, GA), I'd ostensibly take I-95 all the way down because it is quickest and it's straight shot. If I felt l had some extra time and wanted the kids to explore a little, we could stop in a place like...

MON. AUG. 9- Friday's Jobs Report On Friday morning, the monthly jobs report came out. I wrote a bit about the build-up to last month’s report in this piece: http://www.capitalmarketforum.org/entry.php?95-FRI.-JUL.-2-Jobs-Jobs-Jobs-Jobs-Jobs Well, the unemployment data remains one of...

You're very welcome. I hope i can help. The only time i actually used today's blog post in practice was AIG. It got above 42 at around 10AM when a huge offer existed thru the high of the day. hen it got back below 42, I shorted it for the immediate-term play as I have more confidence in...

FRI. AUG. 6- The Fakeout Leading To Two Trades I’m going to jump ahead slightly due to some demand/questions I’ve gotten in giving a specific example of a trade set-up which has been changed dramatically. Many years ago, when there was a major buyer or seller in a stock, the entity would...

THURS. AUG. 5- What's Up With Volume? In July, the volume on the SPY was about 40% lower than it was in May. When I’ve told people this statistic, I’ve been given responses such as “Well, it’s summertime,” the market’s not moving “ (which is not true considering it was the best...

WED. AUG. 4- Currencies Are Movin' In the last several weeks, something notable occurred. It was not the first time that it happened, but it’s certainly been awhile. Namely, the dollar- bar none- has been the weakest major tradable currency. Moves that happen in two days could take upwards...

TUES. AUG. 3- Direct Edge Stock Exchange As a heads-up, this is going to the third (the first was on algorithmic trading last week with the second an overview earlier this week) in a series of blog posts about a major change that has recently occurred in trading for immediate-term traders...

MON. AUG. 2- Modifying Things A panelist on a CNBC special on a Wednesday afternoon a few weeks ago made a blanket statement when asked “who is making money right now” in responding that “nobody” is making money. That is not true obviously, but the market environment of the last...

FRI. JUL. 30- Chatter Yesterday was a day of talk, talk, talk, talk, talk. The markets open nicely higher but a Goldman Sachs economist and two regional Federal Reserve presidents played havoc with the markets. First, the chief U.S. economist at Goldman Sachs (Jan Hatzius) noted to clients...

THURS. JUL. 29- The Power Of The Black Box Algorithmic trading (aka black-box trading among a myriad of other names) ostensibly requires the usage of sophisticated technological problems designed with the purpose of entering trading orders. The algorithm can use such variables as pricing of...

WED. JUL. 28- Malaise Yesterday, something occurred for a period of hours- this “something” has not been present in the markets for awhile. Thankfully, it is a word most of us have not used in awhile, but it is time to bust it out as we get ready to turn the calendar to the month of...

TUES. JUL. 27- Some Flash History There was a recent fascinating article in the "Wall Street Journal" about the 'flash crash.' Oh, but wait. This is not from the 2010 debacle, but rather from 1962...

MON. JUL. 26- What's Good For GE... On Friday, the following press release was issued by General Electric: “The Board of Directors of General Electric Company (NYSE: GE) today raised the Company's quarterly dividend 20% from $0.10 per outstanding share of the Company's common stock to...

FRI. JUL. 23- Stressing The Stress Tests At 12PM ET today (late afternoon/early evening in most of western Europe aka well after the close of the European bourses), European regulators are going to release the European version of their “stress tests.” These tests are an attempt to...