Sometimes failures of patterns can give us insight into the overall market environment.
Morning Thoughts 12/10/10
For the equities market, there are three scenarios I am considering today. In decreasing order of probability: 1. The S&P will hold this range (looking at 1233 on the futures) and stay in consolidation all day. Normally, I would say there is a 70% chance of this happening due to the Rusell 2000 and other mid/small cap indexes which are … Read More
Morning thoughts 12/9/10
Good morning traders, The S&P 500 is still dealing with important resistance, which is not a clear level but a rough zone from 122 – 123.60 on the SPY. Though we are above that this morning, this is a large zone and we cannot expect a clean break. The Russell 2000 index (see IWM) is still potentially overextended and vulnerable … Read More
Morning thoughts for December 7, 2010
Morning Ideas from Adam
You have to figure out where the treasure is buried today…
Find the best stocks in the best sectors for the easiest money each day.
Applying Dow Theory Divergences to Modern Markets
I just had an article published in the December issue of SFO Magazine. Read the article here. Follow me on Twitter AdamG_SMB.
Can a Smaller Stop Carry More Risk Than a Large Stop?
Thinking about stops in terms of probability and expected values.
FCX: One way to catch a top
AdamG_SMB shows one way to catch the turn in a strongly trending stock.