The strong stock market gains a week ago set the stage for the market’s resilient performance last week. After the long weekend, stocks opened under pressure on Tuesday, which I had predicted based on the previous week’s excess bullishness. The S&P 500 was down almost 2% on Tuesday, but closed well above the lows. It continued to…
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About: Tom Aspray
Recent Posts by Tom Aspray
The Week Ahead: Should Traders Ignore The Wall Of Worry?
The stock market shrugged off both political and economic concerns last week to close with solid gains for the fourth week in a row. The beaten-down financial sector led the market higher providing clear evidence that my earnings concerns over the sector last week were clearly misplaced. The bank earnings were mixed, but even those…
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Can You Bank On A Stock Market Bottom?
December 30, 2018: Prior to last week’s action many of the technical and sentiment measures that I follow had reached extreme levels not seen in the past ten years. One such measure uses the NYSE Advance-Decline data. The chart from last week (Will There Be A Not Going Out Of Business Rally) showed that the…
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14 Ways To Grow Your Trading Account
In the course of interviewing (and examining the trading records of) hundreds of wealthy traders over the past year, I discovered the best ones do similar things to find, enter, manage and exit trades for profit - things average or losing traders simply don't do. - 14 Strategies To Grow Your Trading Account [PDF] Watch…
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Strategies of Wealthy Traders (Videos, PDFs and more)
In the course of interviewing (and examining the trading records of) hundreds of wealthy traders over the past year, I discovered the best ones do similar things to find, enter, manage and exit trades for profit - things average or losing traders simply don't do. Here are other useful PDFs: - The Most Profitable Candlestick…
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13 Rules For Making Good Trading and Investing Decisions
The following is a portion of Dennis Gartman’s famous list of trading rules. RULE #1: Never, ever, under any circumstance, should one add to a losing position ... not EVER! Averaging down into a losing trade is the only thing that will assuredly take you out of the investment business. This is what took Long…
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