S&P's 11‑Day V‑Recovery Shows Power of Price Action
While skeptics focus on Trump, the Middle East, and oil prices, the S&P 500 just staged a V-shaped recovery to new highs in only 11 days. After more than 40 years of successful trading, I still don’t rely on gut instinct during turmoil, nor do I rely on analyst opinions, or what merely seems logical. I trust price action, leading stocks, and historical precedent. That—not emotion—drives my decisions. https://t.co/JXzFFTnkiV
Never Fully Enlightened: Keep Refilling Your Knowledge Cup
I see myself as a cup that constantly leaks knowledge—so I keep refilling it through continuous learning. The key to enlightenment, is to never feel completely enlightened.
Success Starts With Learning From Those Who Know
The secret to success is simple.... learn what you don't know from those who know more than you. For me, it started with a library card and weekly trips to my local library. The picture below is where I went...
Seek Breakout Stocks Amid Ongoing Market Volatility
Oil bulls and doomsday prognosticators getting crushed this morning. Volatility is not likely to subside in the near term. However, your focus should be on individual stocks. Namely, the ones that help up best during the decline. Remember, leaders...
Prioritize Risk‑Reward Over Being Right in Trading
Some people have commented on my oil short last and maybe forget that I said I would not carry overnight risk unless I was at a good size profit and oil had a bad close. The trade already paid for...
Stan's Classic Book: Essential Guide to Trend Analysis
Good rules from my good friend Stan the Man. I just spoke with him the other day. Stan is a national treasure. He calls me his "brother from another mother." If you haven't read his book, it's a classic...
Finding Inspiration and Growth at My Creative Retreat
I've been here all week. This place inspires me to be the best version of myself. It opens my mind to possibility and fosters creativity. That's in addipn to all that I learm about mind, body, nutrition and healthy living....
Crude Overbought Signals Rising Downside Vulnerability
Prior to the President’s address, the NDR Hormuz Stress Index began showing early signs of easing. Crude markets are tight, overbought and sentiment is excessively optimistic. Overbought conditions have historically seen low or below average returns but not necessarily outright...
Invest in Yourself: Learn From a Champion Trader
How much pain does it take? How many years of underperformance before you finally say, enough is enough—I’m going to do this right? Why stay stuck when there's a time-tested solution available? The fastest way to become a champion trader is to learn...
Embrace Crazy Ideas to Unlock Growth and Innovation
Many of the important and highly beneficial things we have in the world started has crazy ideas. Open your mind to "craziness." Open your mind to the impossible. Open your mind to things you don't agree with. Those are the...
Oil Shocks Fade; Markets Typically Rebound Within Months
Military conflicts and oil shocks are nothing new. We’ve been through this many times. Yes, they create uncertainty and shake things up, but historically oil has come back down within a few months, and stocks often start moving higher not...
Oil Surge Fuels Bearish Shift Amid Fed Uncertainty
Back to the market. Oil is surging, volatility is expanding, and sentiment is quickly turning bearish—that’s your first clue. When fear spreads wildly, you have to start thinking contrary. But let’s be clear: Powell has signaled he’s on hold until...
Market Still Bearish; Bottom Uncertain Without Strong Volume
The market's character is still one of a bear market or cyclical correction; strong open, fade into close and major average living below the 200-day line. Before a reliable bottom can be established, we need to see better price and...
Build a Winning Playbook with Rules and Analysis
You are not only engaging in a number of self-defeating behaviors, some of them are outright addictions. The antidote: post-analysis for clarity and objectivity—and rules to enforce discipline and foster structure. This is how you build a winning playbook. I can’t...
Choose Change: Decide to Embrace New Possibilities
You have the power to choose. It's one of the wonderful gifts of being human. What will you decide? To keep doing what hasn't worked? Or embrace new ideas, move out of your comfort zone, and explore your true potential? The...
