This past week the stock market took a noticeable break from its two month run. As expected there are many opinions about the next market move. Let’s take a look at a few of these opinions along with THE CROSSHAIRS TRADER charts. WE NEED A NEW CATALYST… “After a two-month surge that saw [...]
The secret for Ted Williams and for you as a trader is to find what works best for you. The process will take time but once settled upon higher winning percentages will follow.
SUN TZU: Hold out baits to entice the enemy. Here is an interesting indicator that has developed among the stocks I watch and most likely is occurring elsewhere: Moving Average Baiting (MAB). As many stocks over the last several weeks moved up with the general market trend, most have made this move from a [...]
Now that May is here (where has the year gone?), it is time for one of the most legendary Wall Street axioms to take center stage. Here are just a few recent stabs (and a few links) at the statistics. Is it Fact or Fallacy? It seems the axiom “sell in May and go [...]
THE LONG AND WINDING ROAD… Like a patient in ICU, our current bear market, will need plenty of time to recover so it may be best not to get your hopes up, just keep hope alive through it all. http://online.wsj.com/article/SB123603851698214519.html http://online.wsj.com/article/SB123561056456077505.html AND SOME ADVICE ON HOW TO NAVIGATE IT… http://www.cnn.com/2008/LIVING/10/13/depression.irpt/index.html http://www.msnbc.msn.com/id/29262092/ http://www.moneyweek.com/news-and-charts/economics/what-you-need-to-know-about-the-great-depression.aspx DIPPING THE [...]
THIS IS THE BEGINNING OF A SERIES OF POSTS WHEREIN THE CROSSHAIRS TRADER DEFINES AND EXPLAINS SEVERAL DIFFERENT MARKET CONDITIONS (BATTLEFIELDS), EACH WITH UNIQUE CHARACTERISTICS AND PROPOSED SUITABILITY FOR TRADING (COMBAT). INTRODUCTION: THE CROSSHAIRS TRADER makes trading decisions (i.e. decisions to enter the battlefield) based on several factors, one of which is the condition of the [...]
THE CROSSHAIRS TRADER makes trading decisions based on the psychology of the Market. Part of this psychology is tried and true Wall Street adages such as Buy the Rumor. Sell the News. THE CROSSHAIRS TRADER prefers Buy the Expectation. Sell the Reality. I guess you could say this happened yesterday when Treasury Secretary Tim “Tax Me” [...]
I buried an article last November and decided to dig it up. You remember November don’t you? That’s when the Market hit a multi-year low and it seemed as if Wall Street was on the edge of an Abyss. If you heeded Andy Kessler’s advice and ignored the Market for the last three months you [...]
