The Psychology of Making Money in the Market

I can remember many times panicking over the market making new highs. I was thinking to myself, "the market can't continue to climb higher," "it is due for a pull-back." In reality, the typical pull back was not until the market was much higher than when I originally had these thoughts. The best action, as … Continue reading Index New Highs Continue to Hold

Based on last week's close for the holiday weekend, I would not be surprised to see a continued sell-off on Tuesday morning as the masses have had plenty of time to catch up on the risks associated with the new year.   I also realize the money typically moves around by the money makers at … Continue reading So What Shall We Expect for Opening of the New Year?

I see some weakness developing that appears the ability to gain momentum to the downside.  Although the actual signal is not solidified, erring on the safe side, it would be prudent to sell partial or half of your position.   We skimmed the majority of the cream on this interim move.  We believe in protecting … Continue reading Today’s Week Ending Assessment

All indications appear that the market, more specifically the Nasdaq, will continue to grind higher.  I won't try to predict all the daily moves, but I would not be surprised to see a tight trading range on Monday and possibly for the week as more money is invested into the big tech companies.   Keying … Continue reading What to Expect This Week

Not really.  All of our indicators pointed to a further uptrend in the market, especially within the tech sector.   But how high will it continue to go?  We don't know, even though we make projections.  However in reality we let our proven indicators tell us what to do.  The market psychology or sentiment is … Continue reading Surprised About Today’s Rally?

Our natural impulse is to think now that we have a gain is to protect it, rather than letting it run.  We all to remember gains that we had on paper get washed away.   It happened either gradually or over one night's news announcement.  However I have lost more money by not letting my … Continue reading When Your In the Money

A run away gap move on the positive bellwether tech companies put the NASDAQ and technology related ETF's straight up.  The formation occurs based on revised company evaluations causing the price to jump to a certain level as the market seeks out a fair value price.   The price in most cases will not retreat … Continue reading Tech Run Away Gap

From all indications today, the uptrend should continue as perfect buy signals have developed today.  Today for example a couple of the tech bellwether companies had great earnings news after the close yesterday leading to a major rally in the Nasdaq Index.   Focusing on a technology ETF, QQQ, it broke to the upside sharply. … Continue reading Market Breaks Out in a Big Way

Ever seem to you the market sentiment turns on a dime?  All is going along great, little by little the market advances, and all of the sudden there is major drop in the indexes.  Ever wonder why?   Me too.  In reality all we need to understand is that the markets are driven by emotions … Continue reading Our Mission

Currently most of the major us equity indexes are pulling back in the psychological momentum that will continue to cause down drift.    I will follow-up on this in a future post, but in the meantime, if you own shares of solid companies there is no need to panic.  This downturn will eventually result in … Continue reading Market Reset for Next Leg Higher