| Fred
Goodman: 2010
A Full Deck, Including the Joker
Friday, September 3, 2010
53 bullish candlestick patterns were confirmed yesterday.
ISM Rally
Thursday, September 2, 2010
The Institute for Supply Management report sparked the rally.
Spinning its Wheels
Wednesday, September 1, 2010
There was a lot of volume, but the market ended where it began.
Do not Pass Go, Do not Collect $200
Tuesday, August 31, 2010
All of Friday's gains were given back.
Out of the Ashes
Monday, August 30, 2010
The lack of conviction during Thursday's declkne turned into a solid advance on Friday.
Room for Debate
Friday, August 27, 2010
The decline was not convincing.
The Markets are Laboring, or are about to
Thursday, August 26, 2010
The Labor Day season is upon us.
The Moment of Truth
Wednesday, August 25, 2010
The S&P 500 is close to making a downside breakout.
Dog Days of Summer
Tuesday, August 24, 2010
There is low volume and a narrow price as we approach Labor Day.
Is the Hindenburg More than a Bag of Gas?
Monday, August 23, 2010
The Omen was confirmed on Friday.
It's Looking "Omenous"
Friday, August 20, 2010
The Hindenburg Omen came close to being confirmed.
A Look at the Forest
Thursday, August 19, 2010
Let's step back a bit.
One Good Day Deserves Another
Wednesday, August 18, 2010
23 Morning Stars need confirming.
Beach Ball
Tuesday, August 17, 2010
A good description of the market.
Swingers and Followers
Monday, August 16, 2010
The difference between trend following and swing trading is often blurred.
Start Counting
Friday, August 13, 2010
A Hindenburg Omen occurred yesterday.
From Pillar to Post
Thursday, August 12, 2010
The S&P 500 fell from its 200- to its 50-day moving average.
What Will They Do for an Encore
Wednesday, August 11, 2010
The day was saved by the FOMC announcement.
Watch That First Step, It's a Doozy
Tuesday, August 10, 2010
Look for trouble if SPY opens on a gap down.
Sounds Good, Looks Lousy
Monday, August 9, 2010
The Dow gained 100 points in the final hour but made another bearish Dragonfly Doji.
Dragonfly Doji
Friday, August 6, 2010
The S&P 500 opened and closed in a three-cent range -- not a good sign.
Missed It By That Much
Thursday, August 5, 2010
The S&P 500 closed at a high, but it failed to reach a new intraday high.
Did You Say Ham on Rye?
Wednesday, August 4, 2010
No, I said Harami.
In Every Generation, There's a Gap
Tuesday, August 3, 2010
There were 84 gaps yesterday, but is it bullish?
Get with the Program
Monday, August 2, 2010
The Program Indicator is reawakening.
Two Down, Two to Go
Friday, July 30, 2010
The Daily Rating sell signal was based on four consecutive down days.
No-Man's Land
Thursday, July 29, 2010
The indexes are sitting between their moving averages.
Mixed Signals
Wednesday, July 28, 2010
There's a lot going on -- in both directions.
Trading by Candlelight
Tuesday, July 27, 2010
QQQQ produced a series of bullish candles we can learn from.
Betting on Ben
Monday, July 26, 2010
He's very much outnumbered, but the election's coming.
The Cavalry Arrived in the Nick of Time
Friday, July 23, 2010
The Swing Indicator stopped falling one point above zero.
A Matter of Degree
Thursday, July 22, 2010
Half of the primary Candlestick patterns have the same basic structure.
What You See is What You Get
Wednesday, July 21, 2010
It is sometimes tempting to read things into charts that aren't there.
Not All Four-Legged Animals are Dogs
Tuesday, July 20, 2010
The S&P 500 completed a bullish Harami, but is it really bullish?
The Long and the Short of it
Monday, July 19, 2010
Candlestick signals appear to be useful for the short term.
Just Hanging Out
Friday, July 16, 2010
The S&P 500 is parked on its 50-day moving average, but it may not be as innocent as it appears.
Right on Cue
Thursday, July 15, 2010
All of the indexes made Dojis yesterday -- a sign of indecision.
It Looked Good on Paper
Wednesday, July 14, 2010
Waiting for the first down day after the RSI projection jumped to 20% looked like a good idea.
Earnings Lull
Tuesday, July 13, 2010
Perhaps traders are waiting for the release of earnings reports.
Where'd Everyone Go?
Monday, July 12, 2010
It looks like everyone left with me on vacation.
Convergence
Friday, July 9, 2010
Several indicators are coming to a bullish conclusion.
Bottom Line
Thursday, July 8, 2010
A lot of discussion leading to a decision to delay reentry.
Thanks for Small Favors
Wednesday, July 7, 2010
A venerable indicator didn't give a sell signal yesterday.
In the Pink
Tuesday, July 6, 2010
A new liquidity indicator shows it's better to be in the blue.
Cheaper by the Dozen
Friday, July 2, 2010
QQQQ will be cheaper if the twelfth decline happens today, but I rather doubt that it will.
I've Got Ten, Do I Hear Eleven?
Thursday, July 01, 2010
QQQQ made history yesterday when it closed lower than it opened for a tenth consecutive day.
Death Cross
Wednesday, June 30, 2010
That's what they call it when the 50-day moving average drops below the 200-day.
Self-Fulfilling Prophecy
Tuesday, June 29, 2010
The moving averages are set to cause trouble next week.
Conflicted
Monday, June 28, 2010
A VIX three-day buy signal ends Wednesday and a Daily Rating sell starts Thursday.
Crossroads
Friday, June 25, 2010
Many factors in play are simultaneously coming to a head.
Three Black Crows
Thursday, June 24, 2010
Fortunately the last one was a fledgling.
Leaving the Scene of the Crime
Wednesday, June 23, 2010
SPY is a couple of points above its stop loss.
Head Fake
Tuesday, June 22, 2010
An upside gap, slow fade and weak close generated a perfect Bearish Engulfing pattern.
Three Little Dojis All in a Row
Monday, June 21, 2010
We're still waiting for a decision.
Go With the Flow
Friday, June 18, 2010
Indecision candles suggest that we wait for the next move and follow it.
Speed Bump
Thursday, June 17, 2010
It looks like there may be a pause before the market can move on.
Confirmation
Wednesday, June 16, 2010
Some candlestick buy signals must be confirmed, but others are better left unconfirmed.
Fancy Name, Simple Concept
Tuesday, June 15, 2010
Stochastic indicators may sound scary, but they're really simple.
Been There Done That Too
Monday, June 14, 2010
The market is reliving a difficult time.
Instant Replay
Friday, June 11, 2010
Yesterday's breakout was a repeat of one two weeks ago.
Hammering Out a Bottom
Thursday, June 10, 2010
It was a seesaw battle between the bulls and bears and it's not over.
Bottom Fishing
Wednesday, June 9, 2010
It's much safer to wait for some buy signals, but where's the sport in that?
A Golden Opportunity
Tuesday, June 8, 2010
The equity/gold ratio is approaching an historic low.
A Moving Experience
Monday, June 7, 2010
The 200-day moving average has earned its reputation.
On the Edge
Friday, June 4, 2010
To remain balanced and keep from falling the market needs more volume.
If at First You Don't Succeed
Thursday, June 3, 2010
QQQQ gave us two excuses to try again.
Mental or Physical?
Wednesday, June 2, 2010
Our mental stop helped us avoid a loss.
Where Are We?
Tuesday, June 1, 2010
Keeping it in context.
We Nailed It
Friday, May 28, 2010
But it took two Hammers.
Still Getting Hammered
Thursday, May 27, 2010
Most indexes made bullish Inverted Hammers and appear ready for a rally.
Hammering it Out
Wednesday, May 26, 2010
Several indexes made bullish Hammer candlesticks.
If You Can't Say Anything Nice, Don't Say Anything At All
Tuesday, May 25, 2010
This will be a short report.
Interpreting Dow Theory
Monday, May 24, 2010
We need a three-headed coin.
Time to Clean House?
Friday, May 21, 2010
The Dow Industrials and Transports made new lows yesterday....hmm.
Hanging in There
Thursday, May 20, 2010
The Dow and S&P 500 penetrated their recent lows at noon, but rallied to the close.
A Day Away
Wednesday, May 19, 2010
One more day like yesterday and the Short Trend Indicators will turn negative.
Words To Live By
Tuesday, May 18, 2010
I used to think I was indecisive, but now I'm not so sure.
Ahead of the Curve
Monday, May 17, 2010
The drop we were waiting for didn't wait for us.
A Matter of Degree
Friday, May 14, 2010
The bearish Harami is a smaller version of other negative candlestick patterns.
Déjà Vu
Thursday, May 13, 2010
The Average Signature is reliving its past.
Look, but Don't Touch
Wednesday, May 12, 2010
Just like mother used to say.
The Beauty May Be Only Skin Deep
Tuesday, May 11, 2010
We should know in a few days.
Be Kind to those You Meet on the Way Up, You'll Meet them again on the Way Down
Monday, May 10, 2010
The NASDAQ is in negative territory, and in last place.
In Limbo
Friday, May 7, 2010
After a swing that big it can go either way today, the good news is that it won't have much of an effect on our portfolios.
Breathing Room
Thursday, May 6, 2010
An upside opening gap today may give us a rest from the mayhem.
I Get No Kick From Champagne
Wednesday, May 5, 2010
But we got many Kickers from the market.
A Trying Market
Tuesday, May 4, 2010
Trying to get out of a tri-angle.
All Bets are Off
Monday, May 3, 2010
A sell signal has interrupted our plans.
Stop the Music
Friday, April 30, 2010
Everything looks like it's going higher, and that makes our stop losses even more important.
Inside Information
Thursday, April 29, 2010
Yesterday was an inside day, which is known to candlestick traders as a Harami.
Dodged a Bullet
Wednesday, April 28, 2010
Thanks to negative candlesticks we bought nothing yesterday.
Diworsification
Tuesday, April 27, 2010
We're going to broaden our investments, let's hope we make the portfolio better, not worse.
Majority Rules
Monday, April 26, 2010
At least where our indicators are concerned.
More About Context
Friday, April 23, 2010
Large positive candles were abundant yesterday.
A Doji at the Top
Thursday, April 22, 2010
The Doji is the first of the major signals discussed in the Bigalow book.
Jury's Still Out
Wednesday, April 21, 2010
A somewhat reassuring Morning Star formation occurred, but we need to see a couple more positive days to believe it.
Is That All There Is?
Tuesday, April 20, 2010
After Friday's Evening Star one would have expected more weakness than we got yesterday.
As Day Follows Night
Monday, April 19, 2010
Let's hope it follows soon, now that we've seen the Evening Star.
Predicting the Impossible
Friday, April 16, 2010
It's easier to know what can't happen than it is to predict what will.
A Stellar Performance?
Thursday, April 15, 2010
Let's hope it wasn't.
Making the Best of Good Luck
Wednesday, April 14, 2010
Sometimes it's wise to take the money and run.
What are the Odds?
Tuesday, April 13, 2010
Right now I'd say roughly 50:50.
Keeping it in Context
Monday, April 12, 2010
A gap to the upside may be bullish in one context and bearish in another.
All's Well that Ends Well
Friday, April 9, 2010
The market looked a lot better at the close than it did at the open.
One Swallow Does not a Summer Make
Thursday, April 8, 2010
But we are getting close to the Head & Shoulders targets.
Words to Live By
Wednesday, April 7, 2010
Better to light one candle than to curse the darkness.
The More the Merrier
Tuesday, April 6, 2010
Agreement among indicators increases the probability of success.
Jobs, Jobs, Jobs
Monday, April 5, 2010
Not a pretty picture, but apparently traders don't care.
No Fooling
Thursday, April 1, 2010
Today may be April Fools' Day, But the market's really closed tomorrow.
ZZZZZZZ
Wednesday, March 31, 2010
I'm not complaining about the sleepy market, it's better than a decline.
Holding Pattern
Tuesday, March 30, 2010
What happened yesterday is that... nothing happened.
Still Swinging
Monday, March 29, 2010
The Summary Index has given a sell, but there are still several buy signals in effect.
007
Friday, March 26, 2010
Bond markets were responsible for a slide in stocks.
Threading the Needle
Thursday, March 25, 2010
We are interested in adding to SPY and QQQQ, but only if our stops hold.
Stoking the Fire
Wednesday, March 24, 2010
With higher stops we can toss on another log.
Running a Tight Ship
Tuesday, March 23, 2010
This is a good opportunity to raise stops.
Staging Area
Monday, March 22, 2010
What happens this week will have an effect on next month.
Big Weekend
Friday, March 19, 2010
Between expiring options and the public option there is much to roil the markets.
Target Practice
Thursday, March 18, 2010
We're very close to the head & shoulders projection made nine months ago.
The Music Goes Round and Round
Wednesday, March 17, 2010
Japanese Candlestick Charting can be helpful.
Better to Light a Candle than to Curse the Darkness
Tuesday, March 16, 2010
Japanese Candlestick Charting can be helpful.
Risky Business
Monday, March 15, 2010
The risk to our mental stops is 2% in the DTP and 4% in the GPS portfolio.
Healthcare for the Stock Market
Friday, March 12, 2010
Things may become very volatile after the smoke clears.
Charting Our Course
Thursday, March 11, 2010
Price/Volume Indicators may hold the key.
Making Records
Wednesday, March 10, 2010
Several indicators are about to make recovery highs.
Mixed Message
Tuesday, March 9, 2010
Higher prices, lower volume.
Make Hay While the Sun Shines
Monday, March 8, 2010
The indexes broke out and most indicators are positive.
Still Spinning
Friday, March 5, 2010
The market was a bit stronger, but more volume is needed to break above recent highs.
Spinning its Wheels
Thursday, March 4, 2010
Candlestick charts suggest a pause.
History Repeats
Wednesday, March 3, 2010
There is more than pictorial similarity between 1982 and the present.
What, Me Worry?
Tuesday, March 2, 2010
The stock market was up -- who cares if disposable income is in the sewer?
Jumping Around
Monday, March 1, 2010
Not all Kangaroo Tail buy signals are created equal.
The NASDAQ is Swinging into the Lead
Friday, February 26, 2010
It will take a 4% decline to prevent the NASDAQ from giving a buy signal today.
Easy Go, Easy Come
Thursday, February 25, 2010
We got back 93% of our losses on 93% of the volume.
Follow the Leader
Wednesday, February 24, 2010
The Dow is still copying 1983.
Watch Out, the Last Step is a Doozy
Tuesday, February 23, 2010
Things were pretty quiet until 3:30.
Running in Place
Monday, February 22, 2010
And not very quickly for an options expiration day.
The Dog That Didn't Bark
Friday, February 19, 2010
If the negative response to the increase in the discount rate is brief, it will be bullish.
Pegged to the Dollar
Thursday, February 18, 2010
In the stock market's case it's a reverse peg.
Monkey See, Monkey Do
Wednesday, February 17, 2010
The Dow continues to relive its past.
"Seeing's believing, but feeling's the truth" -- Thomas Fuller (1608-1661)
Tuesday, February 16, 2010
We can see many positive technical and economic indicators, but do we feel good about the market?
Into Wishing
Friday, February 12, 2010
It will be great if the correlation with 1983 continues a little longer.
S'no Volume
Thursday, February 11, 2010
The action was called on account of weather.
One Man's Meat
Wednesday, February 10, 2010
The signals were right for short term traders.
Window of Opportunity
Tuesday, February 9, 2010
A rally today will at least delay an imminent sell signal by the Short Trend Indicator.
Happy Ending
Monday, February 8, 2010
The market closed very close to its high after registering a big loss in the early hours.
Whoops!
Friday, February 5, 2010
The holding pattern didn't hold very long.
Holding Pattern
Thursday, February 4, 2010
The Trend Indicator will switch to Neutral-Up today, unless there's a huge rally.
Swing Low
Wednesday, February 3, 2010
Some indicators are starting to show signs of life, but the Swing Indicators are still falling.
Bounce or Launch?
Tuesday, February 2, 2010
Will yesterday's bounce turn into another upleg?
Last Chance
Monday, February 1, 2010
The indexes stopped a few pennies above their November gaps.
Been There, Done That
Friday, January 29, 2010
QQQQ and SPY are approaching the November gaps we used as stops when we first bought them.
Mixed Bag
Thursday, January 28, 2010
Indicators are well dispersed between up and down. We'll do well to wait while they sort themselves out.
Confidence Game
Wednesday, January 27, 2010
The confidence indexes gave the market a boost, but it was short-lived.
I Feel Good -- James Brown
Tuesday, January 26, 2010
It's nice to be on the outside looking in, for a change.
"V" is for VIX-Story
Monday, January 25, 2010
The VIX is oversold, which brings up the question, "how long is a piece of string."
Pulling Out All the Stops
Friday, January 22, 2010
Maybe not all, but many of our stops are about to be triggered.
Risky Business
Thursday, January 21, 2010
The risk to our stops is 4.1% in the GPS Portfolio, and that is near our maximum.
The Elephant in the Room
Wednesday, January 20, 2010
It is difficult to ignore the Brown victory in Massachusetts, but it is even more difficult to guess the effect it will have on the market.
The Second Mouse Gets the Cheese
Tuesday, January 19, 2010
A deeper look at the Smart Money Indicator.
In the Buff
Friday, January 15, 2010
Sometimes we have to look at raw numbers to understand what's going on.
All Better
Thursday, January 14, 2010
The one-day Asian crises seems to be over.
Before the Flood
Wednesday, January 13, 2010
Alcoa was just a ripple, earnings announcements will increase next week and crest in about four.
The First Will Be Last
Tuesday, January 12, 2010
Alcoa's results, the first of the Dow components to release, were disappointing.
Have no fear of perfection -- you'll never reach it... Salvador Dali
Monday, January 11, 2010
Most indicators point higher, but a few do not.
Forget Location, Location, Location
Friday, January 8, 2010
Today it's jobs, jobs, jobs.
What Have You Done for Me Lately?
Thursday, January 7, 2010
A brief discussion of risk and reward.
A Learning Experience
Wednesday, January 6, 2010
There is much to be learned from Dow Chemical.
New Paint, Old House
Tuesday, January 5, 2010
It looked pretty good there for an hour.
Potpourri
Monday, January 4, 2010
Odds and ends at the end of a hectic year.
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