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.
We had another curve ball thrown at us today on Wall Street, as the very bearish reversal seen yesterday into the close was completely erased today and then some. Stocks started the day strong and after an initial burst, it stairstepped its way...
We saw a messy day today on Wall Street, as the Fed decision had stocks moving all over the place in the afternoon, leading to a close that puts up a lot of question marks. The day started well and stocks were up strongly for the first hour and a...
Had a little time to go through my scans for the first time in a few days and drew some quick conclusions.....
My list of potential longs to watch (not buy, just watch) was cut in about half over the past week from around 400 to around 200. I could...
We had a choppy, choppy session today on Wall Street, but overall a slightly bullish one as stocks fought back against early selling to finish slightly higher on the day. The U.S. dollar was up big pre-market and with that, stocks opened lower to...
We had another volatile session to start the week today on Wall Street, as stocks started strong, gave up all their gains by 2:00, but then bounced back to finish with some gains overall. The day started slightly higher, but around 10:00, there was a...