Super bull Plunger is calling for a straight up move to 400 on the HUI with no pullback. That would be the most extreme baby bull rally in history. I think we are going to need some corrective moves a...
A positive opening for the Nikkei, trading up +1% at the opening bell but sadly could not hold onto the gains and we eventually closed little changed on the day. The Hang Seng was the poor performer c...
On the heels of my very successful Fiesta Restaurant Group (FRGI) short, may I offer up another idea to short Mexican cuisine? I present to you El Pollo Loco:...
Two days as market features mirror trading day images of each other. This only serves to confuse investors, and me too! One takeaway leads to volume consideration once again. The theme has been weak v...
Remember how awesome it all felt yesterday, yeah that’s all gone… Pride (in senseless uncorrelated low volume rallies) always comes before the fall… Macy’s (M) ate the jam out...
The Chart of the Day is Martin Marietta Materials (NYSE:MLM). I found the building materials stock by using Barchart to sort today’s All Time High list first for the most frequent new high...
After yesterday’s gain it was disappointing to see such quick reversals. The Dow finished with the classic paired reversal. While this is bearish there are bullish factors to consider such as po...
There is nothing as powerful as a market that is trending. Think of the U.S. stock market in 2013/2014, or gold in 2010/2011. For short sellers, the crude oil market in 2015 was a wet dream. What we c...
During the session on Thursday we get an interest-rate announcement coming out of the United Kingdom, which of course will be followed by currency traders around the world. We also get FOMC Members sp...