Picky, Picky, Picky
Wednesday, August 6, 2008
It was a great day, but some hurdles are close at hand.

What Goes Up Must Come Down, Spinning Wheel Got To Go Round
Tuesday, August 5, 2008
Yeah, but twice in one day is a bit much.

Ding Dong The Witch is Dead
Monday, August 4, 2008
The Hindenburg Omen ends at the close today.

Double Reverse
Friday, August 1, 2008
Just like in football, it's a great way to trick the opposition.

Missed It By That Much
Thursday, July 31, 2008
The S&P 500 came within 65 cents of a new high.

What a Difference a Day Makes, 24 Little Hours
Wednesday, July 30, 2008
Important indicators gave new buy signals yesterday and others are improving.

Gettng Close
Tuesday, July 29, 2008
Our stops are under pressure, but they have held so far.

Still Hanging
Monday, July 28, 2008
Friday wasn't too bad when you consider the alternative.

Hanging by a Thread
Friday, July 25, 2008
It was a terrible day, but none of our stops was triggered.

Did Some Buying
Thursday, July 24, 2008
Qs and SPY are close to a breakout.

Gone Fishing
Wednesday, July 23, 2008
Reports will be abbreviated until Labor Day.

Little to Add
Tuesday, July 22, 2008
Yesterday was neutral, but low volume gave a positive sign.

So What Else is New?
Monday, July 21, 2008
Several indicators are pointing in different directions.

Time Signature
Friday, July 18, 2008
Just like a waltz, the market seems to be set at 3/4 time.

Day Two
Thursday, July 17, 2008
The VIX 3-day buy signal is one day old and will need the support of other indicators.

What'll They Do for an Encore
Wednesday, July 16, 2008
The economic stimulus package has produced modest results, so now what?.

Take the Day Off
Tuesday, July 15, 2008
Win, lose or draw, there is no way I can justify a reentry today.

Catch a Falling Knife and Put it in your Pocket
Monday, July 14, 2008
Looking for a bottom.

Back to the Drawing Board
Friday, July 11, 2008
The new lows ended the Kangaroo Tail entries, but new ones may form today.

No Harm, No Foul
Thursday, July 10, 2008
The market gave back its gains and then some, but our buys didn't get triggered.

The Swing has Swung, the Market has Riz
Wednesday, July 9, 2008
The new Swing Oscillator gave a buy signal.

Swing Low
Tuesday, July 8, 2008
A new bottom indicator -- still a work in progress -- shows promise.

I'm Feeling Mighty Loooooow
Monday, July 7, 2008
Candy Candido -- 1946.

Mitigating Circumstances
Thursday, July 3, 2008
As far as buying today is concerned, there are none.

Good Intentions
Wednesday, July 2, 2008
And we know where that road often leads.

Form Over Substance
Tuesday, July 1, 2008
Lots of volume for a Monday, but little progress.

Where Am I, What Happened?
Monday, June 30, 2008
We try to get our bearings.

The Hair of the Dog that Bit Us
Friday, June 27, 2008
Looking for a port of entry.

Round and Round She Goes
Thursday, June 26, 2008
The Dow gained 45 points in the hour following the FOMC announcement, but it covered 323 points in doing so.

Still Hanging
Wednesday, June 25, 2008
Not much happened, but we're approaching the March lows and it's important they hold.

Hanging by a Thread
Tuesday, June 24, 2008
Many indicators are about to give buy signals, but QQQQ came within four cents of our stop.

Elder Statesman
Monday, June 23, 2008
Dr. elder is waiting for an entry, but he's definitely waiting on the buy side.

Numbers Only
Friday, June 20, 2008
I'll be back to LA in time for a normal length report on Monday.

Busman's Holiday
Thursday, June 19, 2008
I'm on my way to a one-day lecture tomorrow by Alexander Elder, on selling.

Omen-ous
Wednesday, June 18, 2008
A sell signal was given by the infamous Hindenburg Omen on Monday and confirmed yesterday.

What a Difference a Day Makes
Tuesday, June 17, 2008
Friday's favorable signs didn't survive Monday's trading.

Taking Stock
Monday, June 16, 2008
The indicators are turning positive on balance, is it time to take another bite?

Secret Fantasy
Friday, June 13, 2008
Exxon's decision to get out of the retail gasoline business fulfills a long-held wish of mine.

100% Guaranteed
Thursday, June 12, 2008
Not one, but two e-mails proclaimed yesterday as the low.

Stay of Execution
Wednesday, June 11, 2008
SPY came within 0.32 points of it, but did not reach its mental stop.

Stop Already
Tuesday, June 10, 2008
There is little chance that SPY will survive its mental stop.

Here Today, Gone Tomorrow
Monday, June 9, 2008
What Buy & Hold hucksters never tell you.

Deflating the Oil Bubble
Friday, June 6, 2008
Relief is possible this fall.

The Pot Calling the Kettle Safe
Thursday, June 5, 2008
Merrill Lynch just upgraded Lehman Brothers.

Eye of the Storm
Wednesday, June 4, 2008
Between now and the election there is a good opportunity for a rally.

And The Beat Goes On
Tuesday, June 3, 2008
Don't expect much from the market this week.

Win, Place and Show
Monday, June 2, 2008
Who's winning and what it means.

Where's the Beef?
Friday, May 30, 2008
We're going to need a push from more volume to get out of this rut.

Running in Place
Thursday, May 29, 2008
A lot of bluster, but no progress.

A Tough Row to Hoe
Wednesday, May 28, 2008
Don't let yesterday's positive move lull you into complacency, there are still hurdles to overcome.

Damaged Goods
Tuesday, May 27, 2008
Several indicators were harmed by Friday's decline, which also came close to producing a well known negative chart pattern.

Take the Day Off
Friday, May 23, 2008
For 10 years, the average Friday before Memorial Day has traded lower on light volume.

FOMC FOMC FOMC
Thursday, May 22, 2008
Things were doing pretty well until the echo of the April FOMC meeting was heard at 2 PM

Hitting the Wall
Wednesday, May 21, 2008
Is the marathon over, or do we just need to catch our breath?

Been There, Done That
Tuesday, May 20, 2008
Something looks familiar, and it's okay.

Messing with Mister In-Between
Monday, May 19, 2008
Reuters has reversed Bing Crosby's philosophy.

The Lay of the Land
Friday, May 16, 2008
Getting our bearings.

Interference
Thursday, May 15, 2008
Out of phase signals cancel each other out.

A Rare Buy Signal
Wednesday, May 14, 2008
Enough Fidelity Select Funds jumped above their 45-week moving averages to produce a buy signal.

Déjà Vu All Over Again
Tuesday, May 13, 2008
QQQQ is within 2 cents of where it was when we sold half our position.

A Word to the Wise
Monday, May 12, 2008
When excited by a new investment vehicle it's often best to lie down until the feeling goes away.

The Beauty was Just Skin Deep
Friday, May 9, 2008
Let's not be lulled by one good day.

In the Nick of Time
Thursday, May 8, 2008
Fortunately, the market gave us an opportunity to sell half our Qs before it spilled.

Preemptive Strike
Wednesday, May 7, 2008
We'll sell half of our QQQQs today.

Whac-a-Bull
Tuesday, May 6, 2008
The market was stronger than the averages represent.

A 100-year Event
Monday, May 5, 2008
Alan Abelson and I agree on something.

A Day Late and a Dollar Strong
Friday, May 2, 2008
It must have dawned on Forex traders that the Fed is probably finished cutting the interest rate.

White Water
Thursday, May 1, 2008
The peace and quiet abruptly ended, and reports today may keep things stirred up.

The Barbaric Metal
Wednesday, April 30, 2008
Gold fell through its neckline and may take the market with it.

Intermezzo
Tuesday, April 29, 2008
Nothing is scheduled for today, but the rest of the week will make up for it.

A Common Thread
Monday, April 28, 2008
The University of Michigan Confidence Index fell to its lowest level since 1992.

Good to the Last Drop
Friday, April 25, 2008
I wish we were talking about coffee, but it's about yesterday's final hour.

Between the Devil and the Deep Blue Sea
Thursday, April 24, 2008
The market is hypersensitive to news as it bounces between its moving averages.

Measure Twice, Cut Once
Wednesday, April 23, 2008
Unfortunately the media doesn't measure at all.

Taking a Time Out
Tuesday, April 22, 2008
Volume disappeared -- it was low even for a Monday.

The Head & Shoulders Bottom Formation
Monday, April 21, 2008
More than you wanted to know.

The Jury's Out
Friday, April 18, 2008
It may take sometime to sort through the evidence, which includes many divergent indicators.

Close Only Counts in Horseshoes
Thursday, April 17, 2008
The S&P 500 closed within a point of its Head & Shoulders neckline.

A Play Within a Play
Wednesday, April 16, 2008
The main theme is the developing reverse head & shoulders pattern, while the mixed indicators have their own story to tell.

Entr'acte
Tuesday, April 15, 2008
A little traveling music Sam.

Go with the Flow
Monday, April 14, 2008
It may be okay for salmon, but I see little benefit from swimming upstream in the stock market.

Things are Looking Up
Friday, April 11, 2008
Well, there are also some looking down.

What, When and Where
Thursday, April 10, 2008
A journalist's approach to the market.

Do or Die
Wednesday, April 9, 2008
To continue following the 2002 interim bottom, we must see a rally today.

When the Cat's Away, the Mice Will Play
Tuesday, April 8, 2008
In the last four sessions the market rallied through lunch and fell to the close.

Stick with the Program
Monday, April 7, 2008
Mixed indicators suggest 50% equities and 50% cash.

I'm bidin' my time, 'cause that's the kinda guy I'm
Friday, April 4, 2008
Those Gershwins sure had a way with words.

Like the Red, Red Robin
Thursday, April 3, 2008
The rally comes bob, bob, bobbin' along.

Please, Sir I Want Some More
Wednesday, April 2, 2008
Careful, remember what happened to Oliver.

The Ducks are in a Row
Tuesday, April 1, 2008
Well there's a straggler or two, but they're about as straight as possible.

The Path to Profit
Monday, March 31, 2008
It may be narrow, but it isn't straight.

Which one will the Fountain Bless?
Friday, March 28, 2008
This time thee are just two coins instead of three.

When is Bad News, Good News?
Thursday, March 27, 2008
Answer: When it's wrong.

The Race is not to the Swift...
Wednesday, March 26, 2008
Important indicators are about to give signals, but they are not unanimous.

Even Spinach Looks Good if You're Hungry Enough
Tuesday, March 25, 2008
Existing home sales ticked up by a pittance and home-building stocks "soared."

What Are the Odds?
Monday, March 24, 2008
We evaluate the risk and reward of buying now.

One Penny Opera
Thursday, March 20, 2008
The StreetTracks Gold Trust fell to within one penny of our stop loss.

Dow Adds Four Points
Wednesday, March 19, 2008
Actually it added four points to the 416 it gained a week ago and jumped 420 -- the third biggest point gain ever.

Double Jeopardy
Tuesday, March 18, 2008
To make a winning trade today one must guess both the size of the rate cut, and the market's reaction to it.

This Is The Week That Is
Monday, March 17, 2008
Every week is uncertain, but this one will be more so because of the FOMC announcement, the options expiration and the 3-day weekend.

Returning to the Scene of the Crime
Friday, March 14, 2008
The Dow's low was within 17 points of its 2000 high.

R-SIP and Old Lace
Thursday, March 13, 2008
Sorry, I can't pass up a pun.

Buy and Hold
Wednesday, March 12, 2008
Does the mantra of the fund managers have value?

Are We There Yet?
Tuesday, March 11, 2008
The rubber band is stretched pretty tight, but the question is, when will it snap back?

"With self-discipline most anything is possible." -- Theodore Roosevelt
Monday, March 10, 2008
I really didn't want to sell SPY, but I did it anyway.

The Ides of March
Friday, March 7, 2008
Now that new lows have been established, it will take at least a week for indicators to regroup.

Good to the Last Drop
Thursday, March 6, 2008
The S&P 500 tested its low for the fourth time in a row -- are we there yet?

Back from the Brink
Wednesday, March 5, 2008
A late afternoon rally recovered 112 Dow points and produced a gain for the NASDAQ."

VIX to the Rescue
Tuesday, March 4, 2008
A VIX 3-day buy signal starts today -- the 14th in 11 months."

What Goes Around Comes Around
Monday, March 3, 2008
Déjà vu all over again."

Friedrich Nietzsche said:
Friday, February 29, 2008
"That which does not kill us makes us stronger."

In Limbo
Thursday, February 28, 2008
We've enjoyed a nice bounce, but the going is getting tough.

A Good Start
Wednesday, February 27, 2008
The S&P 500 broke out, but there are still obstacles.

Q&D
Tuesday, February 26, 2008
A quick and dirty review while traveling.

A Little Traveling Music
Monday, February 25, 2008
I'll be traveling this week and will keep the reports as brief as my guilt permits.

Quick Change Artist
Friday, February 22, 2008
As the trading range narrows, it takes very little to change the appearance of the market from good to bad, and back again.

Painting Itself Into a Corner
Thursday, February 21, 2008
The S&P 500 trading range is narrowing.

A Fond Farewell
Wednesday, February 20, 2008
We'll sell Paradigm Kinetics today, after holding it for three years.

Status Quo
Tuesday, February 19, 2008
There's been very little action -- the trading range is now one month old.

Take Ten
Friday, February 15, 2008
We'll break early for the Monday holiday since the indicators are pulling in opposite directions.

Dubbya
Thursday, February 14, 2008
No, I don't mean the President.

Coincidence or Consequence?
Wednesday, February 13, 2008
Everything was going along just fine until the Treasury report came out at 2 PM.

Early Losses and Late Wins...
Tuesday, February 12, 2008
...recipe for a recovery.

Like Music On Hold...
Monday, February 11, 2008
...it's never fun and often too loud.

There's No Place to Go but Up...
Friday, February 8, 2008
...when all the indicators hit bottom.

The Last Straw
Thursday, February 7, 2008
A Quick Summary Index sell signal was generated yesterday.

Down, but not Out
Wednesday, February 6, 2008
The market was hit hard yesterday, but it remains within its trading range.

Runs Like Clockwork
Tuesday, February 5, 2008
Several Price/Volume Charts are poised to complete counterclockwise loops.

Up, Up and Away
Monday, February 4, 2008
Just keep in mind that the next line is, "my beautiful, my beautiful balloon."

As Night Follows Day
Friday, February 1, 2008
With real hourly earnings in the tank, is it any wonder that personal consumption is at a five-year low?

Live by the Sword, Die by the Sword
Thursday, January 31, 2008
The Fed cut a half-point from the interest rate, but it was not enough to satisfy the masses.

The Sky is Falling
Wednesday, January 30, 2008
Expectations are often worse than reality.

Businessman's Risk or Crapshoot
Tuesday, January 29, 2008
The market exhibited considerable strength yesterday, but is it worth the risk?

I'm Feeling Mighty Loooowwww
Monday, January 28, 2008
Trying to guess how low "mighty low" is, is the problem.

It Ain't Over
Friday, January 25, 2008
Still waiting for the fat lady to sing.

By any other Name
Thursday, January 24, 2008
No matter what you call it, yesterday's rally was sweet.

Ben to the Rescue
Wednesday, January 23, 2008
Fed slashes key rate 3/4% to prop market.

Damage Control
Tuesday, January 22, 2008
How long can we expect the downtrend to last?

What Works and What Doesn't
Friday, January 18, 2008
Several of our indicators got us out before the damage, and some did not.

Relatively Speaking
Thursday, January 17, 2008
We take a closer look at the Relative Strength Indicator.

I have Good News and Bad News
Wednesday, January 16, 2008
Mostly bad.

Balance of Power
Tuesday, January 15, 2008
Conflicating indicators are keeping the market in a trading range.

A Tail of Two Kangaroos
Monday, January 14, 2008
As we approach a tradable rally we can expect many one-day spikes.

With a Little Help from My Friends
Friday, January 11, 2008
Ben Bernanke and the BofA helped make the day a winner.

Use it for Bait
Thursday, January 10, 2008
The first rally is likely to be a small one.

Wishful Thinking
Wednesday, January 9, 2008
By misreading the pending home sales, one might think there has been an improvement.

Success is How High you Bounce when you Hit the Bottom -- George Patton
Tuesday, January 8, 2008
The problem is that the first bounce may be off a ledge, rather than the bottom.

Sit Back and Relax
Monday, January 7, 2008
This is a very long report -- I'll make up for it the rest of the week by being brief.

It Ain't Perfect...
Friday, January 4, 2008
...but the economic news is nowhere nearly as bad as the politicos would have you believe.

Positively Amazing
Thursday, January 3, 2008
In spite of sharply lower indexex, the market displayed considerable internal strength.

Dead Reckoning
Wednesday, January 2, 2008
It's time to check how we did in 2007.

More Goodman Archives: 2007 |2006 | 2005 | 2004 | 2003 | 2002 | 2001