A Hammer Reversal?

A Hammer Reversal?

The S&P 500 was forming a triangle chart pattern, which more often than not is a continuation pattern, meaning further downside was the more likely result. We …

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Time to Re-enter Skechers USA?

Time to Re-enter Skechers USA?

On March 10th, I posted a trade entry setup on the Seasonal Forecaster website for Skechers (SKX), the footwear manufacturer and retailer. After a nice run-up …

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Trading the Fed Announcement

Trading the Fed Announcement

It has been quite a while since a Fed announcement has been talked about as much as this one due on Thursday (2pm Eastern).  And there is wide debate on what …

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Were You The Last Buyer in AAPL?

Were You The Last Buyer in AAPL?

In my July 6th posting, Will You Be The Last Buyer?, I cautioned that Apple Inc (AAPL) stock, while pushing to new highs this year, had done so on steadily …

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A Troubling Pattern

A Troubling Pattern

The S&P 500 has been consolidating and trying to find a bottom since the low set two weeks ago. However, it has been coiling up, forming lower highs and higher …

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