With the chaos of the election coming closer each day, the weekend strategy podcasts set us up for some well-managed intraday trades as we enter a new week. Each of these four symbols below (EWZ, X, CLF, DIA) were framed and rehearsed this weekend, and reflect an application of our basic Hybrid Trading patterns….
Chances are that you’ve seen it in your own neighborhood or heard about it from friends and family. College students moving home as universities switched to remote classes. Gig and restaurant workers leaving city centers as lockdowns shuttered their employers. Folks afraid of catching Covid relocating out to the suburbs, where avoiding others is…
The sell-off in BTC to $10,000 last month and the current recovery have confirmed the July, 2020 long-term buy signal. The September pullback was a plain-vanilla test of a prior resistance level that has become long-term support. Shorter term patterns can happen consecutively to form similar patterns over longer timeframes revealing the markets’ fractal…
If you would like to read this article in a downloadable pdf format, click here. Market Summary Yesterday, October 14th, the Bloomberg Galaxy Crypto Index was at 503.25 after finishing last month at 485.85 and following the low of 217.82 in early March. Two months ago we reached new 12 month highs and then the…
Amid this summer’s economic pain, continued cases of COVID, and lockdown restrictions, the outdoors have been a bright spot. For individuals, it’s been where we’ve been able to see friends and family without too much risk of catching COVID. For bars, restaurants, and cafes, the open air has allowed them to serve customers and…
Editors Note: This popular article was previously published in Tharp’s Thoughts Weekly Newsletter. D.R. Barton once quoted Warren Buffett on what to do in flat markets: “When there’s nothing to do, do nothing.” That’s very sage advice — especially when a sideways market has very little volatility. Doing nothing is one of the strategies…
We did a strategy session after the presidential debate Tuesday night in our nightly strategy podcast, to look at possible market responses to the circus. We developed several scenarios and planned our responses and targets. This is using “contingency planning and scenario development to produce a set of rapid-response trading plans. Below is…
If you would like to read this article in a downloadable pdf format, click here. There are numerous ETFs that track everything from countries, commodities, currencies and stock market indices to individual market sectors. ETFs provide a wonderfully easy way to discover what’s happening in the world markets. I apply a version of my…
If you would like to read this article in a downloadable pdf format, click here. I always say that people do not trade the markets; they trade their beliefs about the markets. In that same way, I’d like to point out that these updates reflect my beliefs. I find the market update information useful…
I still remember sitting in my chemical engineering heat transfer class in the mid 1980s. Our professor was an older gentleman who wanted to impart some “big picture” wisdom on his class of graduating seniors. He explained M. King Hubbert’s paper on peak oil from almost 30 years earlier. With an almost religious zeal,…
End of content
End of content
Learn five pillars every trader must master. Download your free copy and take the first step to achieving trading excellence.
Learn five pillars every trader must master. Download your free copy and take the first step to achieving trading excellence.
Learn five pillars every trader must master. Download your free copy and take the first step to achieving trading excellence.
