The Diamond Jim flipped back to a buy signal April 1, while both the momentum on the Lead Dog and the Nasdaq Volume Accumulation Index indicators made lows in areas we would usually expect them to bottom, and have since…
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Sold Calls Today
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Sold covered calls in the Meat & Bones Portfolio today adding 1.8% to the return.
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2nd Chance
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The run up on light volume the past few days has provided a break in the down trend while keeping volatility high, an excellent time to sell additional calls on outstanding positions. I still expect a down turn over the…
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Market Top
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The Score chart indicated a market top on 6 & 7 March and has been headed south since.Each of the previous six times over the past two years when it has peaked over 70, the market has had a significant…
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Growth Group R/S
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The relative strength of the growth groups proved a good indicator moving up a few weeks back when it appeared the market was ready to roll over. At last weekend’s workshops we covered the current market conditions and noted how…