What I Tell Traders Who Are Always Losing Money

I remember it like it was yesterday. Why? Because it was yesterday. The frustrated trader was about at his wit's end. He had been trading for less than a year and was the typical story - make some, lose some, make a lot, lose a lot, then lose a lot again. He emailed me to…

The Week Ahead: Should You Expect A Replay of October 2011?

There were signs after the close on Friday October 2nd that the market's upside reversal was important. The strong action last week confirmed that the stock market had completed a short term bottom. Fortunately many on Wall Street do not seem convinced as many were looking for the rally to fail before the end of…

A Market Turn This Week Will Surprise Many

A technical look at the stock market after last Friday's close (Why Friday's Reversal Was Important) indicated that an important turn may have occurred. The strong performance on Monday, especially the 7-1 lead of advancing stocks over declining stocks further supports this view. The action looks similar to that on October 4th, 2011 when the…

The Trading Week Ahead: Why Friday’s Reversal Was Important

Editor's note: If you like Tom's analysis, check out ViperETF.com, his premium newsletter. For an already weak stock market the poor jobs report on Friday put the sellers back in charge in early trading as the Dow was quickly down 258 points. The initial selling in reaction to the new concerns over the economy was…

Trading Lesson: How To Spot Market Corrections Before They Start Using Fundamental Indicators

In this series of trading lessons I want to concentrate on the bear markets of the past 50 years to see how an investor or trader can use economic data along with technical analysis to gain advance warning of an impending bear market. There is a very close correlation between bear markets and recessions as…

How To Use Volume to Predict Stock Direction

Volume analysis has played an important role in my analysis for over 30 years. It can be traced back to my discovery in the late 1970s of the late Joe Granville’s book New Strategy of Daily Stock Market Timing for Maximum Profit. In this book he wrote “stocks do not rise in price unless demand exceeds…