Why Backtests Are Important For Traders To Understand
Backtests are an important price pattern for active investors to understand. Today I want to highlight a couple of recent trading backtests that failed and...
Russell 2000 Futures: Volatility Creates Fib Swing Trade Setups
Below is a textbook example of a swing trade on the e-Mini Russell 2000 Futures (TF). And the recent volatility helped to create some big...
Gold Bugs Trend Change? Keep An Eye On This Ratio Chart
The chart below looks at the S&P 500 to Gold Bugs Index ratio over the past 20 years.
As you can see the ratio trended...
Trading Ideas: 5 Stocks To Watch (BAH, NOC, TBT, TSCO, And WY)
Today's price action should not have come as a surprise to anyone: following yesterday's broadly bullish push, the market indices took a day to...
Are The Bulls Ready To Run Stocks Higher?
Last week was another reminder that the ole “Summertime Trading” myth is basically extinct: we are officially in the dog days of summer yet...
The Rotation Report: This Week’s Macro Market Outlook
In an effort to make things easier to digest, I've decided to split the Rotation Report into two segments running bi-weekly. The Rotation Report...
Are Market Breadth Issues A Caution Sign For Stocks?
Today I want to run through a quick checkup on market breadth to see how the market internals are faring thus far this year. In...
Checking In On The US Equity Indices: A Technical Review
Year to date, the Nasdaq Composite is the best performing major index in the US equity indices, up 6.51% YTD. However, both the Dow...
S&P 500 (SPY): Decision Time For Trend Followers
Today marked the first time the SPDR S&P 500 ETF (SPY) broke below its 200-day moving average in 2015. We came close in early...
Apple Stock (AAPL) Finds Price Support: Time For A Backtest?
Last Monday, I highlighted a key price support zone for Apple stock (AAPL): 115-118. That zone represented lateral support (late November '14 highs and...