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(This post was sent via email on 4/29/2024) A few weeks ago I visited my daughter at UNC, and we met a few of her friends at a local wine bar. They had a unique business model…that I won’t get into here, a story for another day…and part of that model was not paying a […]
Continue readingWhen the Market Takes it on the Chin
(This post was sent via email on 4/25/2024) When I was growing up my father watched wrestling. I’m not proud to admit it, but I was a fan too. Rick Flair, Jimmy the Super Fly Snooka (no idea on spelling), and my favorite, Wahoo McDaniel. But at some point I figured out it was totally […]
Continue readingThe Mighty MACD
(This was sent to email subscribers via email on 4/15/2024) Almost 30 years ago I attended a technical analysis class and first heard the term MACD…pronounced MAC-D. It was probably the first real technical indicator I ever used, and I’ve had a fondness for it ever since. There are several ways to use the MACD, […]
Continue readingRules number 1, 2, and 3: Don’t Lose Money
(This post was emailed to email list subscribers 4/17/2024) Quick note to follow up on my email from two days ago. As I said then the QQQs, or Nasdaq as most know it was close to a tipping point after putting in some very bearish chart patterns, AND having a key indicator, the MACD, go […]
Continue readingDon’t Become the Indicator
(Updating some posts, this was originally sent 4/11/2024 to email list members) In my LONG trading career I’ve gotten to know a lot of traders. They have different styles and different ways of approaching their particular market or trading instrument. They have different ways to enter and exit a trade, and different money management and […]
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