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Last Three Alerts
Daily picks, 02/09: Bored games
This past weekend, my wife and I spent a LOT of time playing board games. I mean, with no power for over 40 hours it was either that, continue shoveling, or kill each other. Wisely, we chose everything...
Daily picks, 02/08: Snow Day Pick
Still shoveling out? Join the crowd, as this part of the country got buried. Of course, I wish I wasn't in this part of the country, and instead typing this while pondering which shorts to wear to...
Ask the Chartman: Figuring out gains
Reader Tony writes: Gary, Just wanted to ask about your philosphy when you talk about "making money". There can be different meanings to that little phrase. My philosphy is that...
Daily picks, 02/05: The 5 Shortsmen of the Apocalypse
C'mon, you have to admit my title is catchy. You know, Shortsmen/Horsemen? Anyway, hopefully something to make you smile on what I think was the worst day for the market in well over a year. Of...
Daily picks, 02/04: Tooting my own horn...for at least a day.
Loyal readers know I am loathe to toot my own horn. Not because I lack an ego -- heck I'm on TV where a big ego is a requirement! -- but because I always worry about pissing off the trading gods. Still,...
Speical Snopocalypse edition
Just burrowing out of the Worst Snowstorm Ever, so consider this a limited -- but Special! -- edition. Basically the market threw everyone a curveball on Friday, threatening to get really, really ugly...and...
That @#$% bearish wedge.
Last week, I talked about a bearish wedge, noting it was "ominous." It subsequently broke -- and hard -- indicating the market could get much uglier. Of course, it is oversold right now, and given...
Bearish wedge? Yup and that's not good
So it looks like the market finally made a definitive move and unfortunately for the bulls, it came to the downside. You can see in the chart below it shouldn't have been a surprise as the bearish climate...
A strange week
Sometimes you have to step away from the market for a few days, to realize just what's happened. And as I sit here Monday morning surveying last week, I now realize what a strange, volatile week it truly...
Forget the trend channel: market show no quit!
I'll make this short and sweet: I thought the top of the trend channel would trap the S&P and it'd sell off. Said as much this past Friday. Uh, that didn't happen and instead the averages went up and...




