Latest Blog Posts

O’ Man River Keeps on Rolling Along!

Here’s today’s technical lesson…one of the finer points you might never hear of anywhere else, and I am going call it  ” Ol Man River ” as found on stock charts. This article is about the finer points with the technical tools in charting known as the Bollinger Bands and the Keltner Channels. Allow me…

BIG CHINESE CURRENCY DEVALUATION COMING….???   

As some of you may know, the Chinese currency (the Yuan or Renminbi) has been going through a significant devaluation in the last couple weeks — down about 3.5% according to Barron’s ( http://www.barrons.com ) — that is a significant drop for a major currency! Some currency watchers and economists have theorized that the Chinese government is…

Markets enter correction! This is “the master chart” to watch

It may not yet seem like it to some, but I believe the US equity markets have already entered a “true” correction, and this is “the master chart” to watch, which happens to be a chart for bonds, not stocks! Let me digress… On our trader’s forum (google: “Talking Stocks Forum”), I had announced over…

Stock Market Prediction for 2018

HAPPY NEW YEAR!!!  New Year’s Day always leads me to want to pull out the old crystal ball and try to make a stock market prediction for 2018.  To make this exercise simple, and understandable for most readers, I decided to focus on what the Dow Jones Industrial Index could do in 2018. After all,…