Archive for May, 2010

Late Night Thoughts

The past three weeks or so have flown by for me in the blink of an eye.  But relaxing at home tonight for the first time in a while, I get the feeling that life is once again moving forward.  I love the west coast, especially San Diego, but it really misses one thing, seasons. [ READ MORE ]

Momentum Book Update

Ok, just to be fair, let me play devil’s advocate a moment regarding the health of this market, even on the shortest time frame.  The market is now back above a rising, if ever so slightly, five day moving average for the first time in over three weeks.  On the 10 minute chart, we’ve got [ READ MORE ]

Join Me On StockTwits TV Afternoon Update

We’re doing something very special over at StockTwits TV.  For too long, financial media, and especially television, has been full of journalists who attempt to act like traders.  Problem is, they’re not traders, they could never know what it feels like to have money on the line, to be tossed around by the emotions of [ READ MORE ]

Picking Through The Rubble

Although I am avoiding this market like the plague, it’s always good to look through your watch list to see what’s setting up.  I took a long look today to do some more pruning, my list is getting back down to a reasonable size after getting quite long into the thick of things back in [ READ MORE ]

Momentum Book Update

Life  is tough out here on the west coast, I’m telling you, between the surfing, drinking, eating steak dinners with a bunch of great guys, hanging out by the pool at the Hotel Del Coronado, and playing 18 holes at Torrey Pines, this place is awful.  No way I’ll ever move back out here (I went [ READ MORE ]

Doing The Livermore

When Jesse Livermore didn’t feel like the market was right for him to be trading, you know what he did, he went on vacation.  I don’t own a boat, and I’ve got too much in the way of other work to just take off an go surfing in Indonesia, but I am out in San [ READ MORE ]

Relative Strength Names To Watch

It’s been a crazy last few weeks in the market, short term I think there is opportunity on the downside, I believe we are headed down to test the 200 day moving average once again.  But it’s always a good idea to keep a watch list of relative strength stocks which are putting in good [ READ MORE ]

Momentum Book Update

Wild week eh?  Before we get to the action though, I want to talk briefly about an aspect of money management on the psychological side that few experience.  The momentum strategy I run is at the end of the day a relative return strategy.  I’m not shooting for an absolute return each year of 12-15% regardless of [ READ MORE ]

Bear Flag City

And just like that 400 basis points of alpha evaporates before they can even ring the opening bell.  Here in lies the rub of going to cash during times of market volatility, but I would rather sit it out and let the market whip around wildly without me, instead of playing in a market where [ READ MORE ]

Weekend Reading: Iran? Bomb? Silence…

Although I don’t have a formal education is psychology, my study of political science, and specifically war theory has in many instances led me towards the study of how leaders, politicians, soldiers, and the public react to certain realities.  It really boils down to this.  People seem to yell, scream, and complain about things and [ READ MORE ]

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