Stock scans for 3/25

AdamAdam Grimes's blogsLeave a Comment

I talked quite a bit in the webinar I gave last week about using daily stock scans to prepare for the trading day.  I also said I would post the scans I send to SMB traders for a couple weeks, so here they are for end of day Friday: http://www.scribd.com/full/51659164?access_key=key-1n2p1ltutjqqmqhxfg3u http://www.scribd.com/full/51659163?access_key=key-dla3wwlyk1truwh9csy

Are We Reading This Wrong?

AdamAdam Grimes's blogs4 Comments

It seems like I saw a thousand tweets this week about this paper, published in the Proceedings of the National Academy of Sciences of the United States of America. The general sense was that the article supported trend following, specifically trend following for day traders, as a profitable trading strategy, but after reading the paper, I came away with a … Read More

Extraordinary Situation; Ordinary Trade.

AdamAdam Grimes's blogs, Technical Plays6 Comments

In yesterday’s post, I made a case for a bounce play in the Japanese stock market. Last night’s extreme move makes this call look kind of silly in retrospect, but I want to highlight some important points and lessons here. First of all, this really highlights the difference between “armchair quarterbacking” or “time machine trading” (as we like to call … Read More

Market reactions to “Acts of God”

AdamAdam Grimes's blogs, Technical Plays4 Comments

In my daily report for Waverly Advisors I issued a short-term buy on the Nikkei 225 futures. Obviously, this is a controversial trade fraught with difficulty, but I thought it might be interesting to think about this type of situation from a technical perspective. First of all, please read the link above. Before reducing the situation to a set of … Read More