I am a follower of the CANSLIM investment philosophy discovered by William O'Neil, founder of Investor's Business Daily. I use this blog as a way to share my thoughts on the market and improve my skills as a trader. Great traders never stop improving, and I am trying to do the same.
A pretty boring and slow day overall today on Wall Street, as stocks started the day strong but for what seems like the millionth time reversed lower as new highs for the year were attempting to be made. From about 11:30, the market slowly drifted...
A poor day today on Wall Street, as a stronger dollar sent stocks lower at the open and after an early bounce, they faded throughout the session. There was a gap down to start the day, but that gap was quickly bought, and by 11:00, the Nasdaq was...
The Russell 2000 outperforming yet again today (and breaking slightly over some resistance) gives me a bit of hope that we can break out to the upside of this range soon. I still think we need a catalyst, but we'll see. Right now, if the dollar...
We saw a positive start to the week today on Wall Street, as stocks started up and stayed up throughout the session, although it seemed to be a slow day once again intraday with volume coming in lower once again. Stocks gapped higher, pulled back and...
Hi, traders. Here's a video for the upcoming week with a look at the indices and some potential plays, mainly on the long side. Still locked in a range overall but there are some things to keep your eye on this week, and hopefully we can break this...
