Summer was great … as long as you didn’t spend your days staring at charts, because nothing happened there.
From July 11 – September 8, stocks didn’t go anywhere. We didn’t even bother trading stocks.
But all boring periods must come to an end. The August 28 Profit Radar Report stated that:...
Gold and silver have been stuck in their respective trading range for three months.
How long the yawning continues remains to be seen, but a slingshot move would be a welcome change of pace. What is a slingshot move? It’s a powerful directional move preceded by a fakeout step.
The review below...
This is a reprint of the August 24 Special Profit Radar Report:
The CBOE Volatility Index (VIX) is a popular index, but in itself is not investable. You can’t just go out and buy the VIX. The same is true for the S&P 500 or any other index.
But investment vehicles like the SPDR S&P 500...
The July 4, 2016 Profit Radar Report featured the following S&P 500 projection.
Based on this projection, the S&P was to rally to about 2,195 followed by a pullback to about 2,155.
Barron’s rates iSPYETF as a “trader with a good track record.” Click here for Barron’s assessment of the...
This bull market has been counted out many times. Just over the past few years, stocks faced three – allegedly – unavoidable bear markets … and escaped all of them.
Here are the three ‘unavoidable’ bear markets, and why stocks escaped:
Unavoidable Rate Hike Bear Market
Starting in 2015, the...
Déjà vu. Crude oil prices dropped as much as 24% over the past two months. Does this mean the oil rally is over?
Here is a look at various timeframes and indicators to help answer this question.
The April 24 Profit Radar Report showed the long-term chart below, and stated:...
On July 12, the S&P 500 became overbought and has been wrapped in a tight trading cocoon ever since.
In fact, for 13 trading days, the S&P didn’t move more than 22.5 points. That’s one of the tightest trading ranges in history.
The chart below, published in the July 31 Profit Radar...
Is the stock market rigged? Many believe it is … and rightfully so.
However, there are more interesting and pertinent questions, such as:
To what extent is the market rigged, and how does it affect me?
Why do allegations of a rigged market sprout up right now?
Different Ways to Rig the Market...
What do subscribers think about the Profit Radar Report? How about FORMER subscribers? This might be the most candid real life testimonial page you’ve ever seen. Here is a selection of comments ranging from complimentary to brutally honest.
The iSPYETF inbox has received quite some feedback in...