Monthly Archives: August 2012
The Tell
Which way do we go as we emerge from the summer cycle? Certainly lots of people looking around now trying to gain any insight that might give them a handle on what’s goin on and which way we’re headed. At present we’ve got Dow theorists and contrarians alike getting jiggy as they view the failure […]
Bad Visibility or a Bad Visual…
Back in the day there was a certain buzz phrase that always rattled the street—lack of visibility. LoV was big boy “code” for “u think things su_k now…far as we can tell it’s gonna get a lot worse going forward, given we’re driving at 100 mph down an unfamiliar road in the middle of nowhere […]
Matters Not
There’s been lots made recently bout whether we topped in the equity markets and are set up for some decent retracement, if not outright correction. Dow theorists are split over whether the repeated failed attempts to break through the May 1 high near 13,280 is flaggin a buy or sell signal. Those on the long […]
Wake Up Call…
The Death of Equities…The New Norm in Growth…Forget Retiring…Learn to Live with Less……………………… Sound like the headlines to be expected on sites promoting the buying of gold or silver bars, ankle biters or survival gear? Well maybe, but in fact these are the recent comments (paraphrased) out of market sage Bill Gross of Pimco. There’s […]
Ask the Crew:
Crew members tackle questions submitted by readers each month
Q. Where can I find a list of stocks that have weekly options? A. Check here for the list: http://www.cboe.com/micro/weeklys/availableweeklys.aspx or visit CBOE Web site to learn more: (www.cboe.com -> Products -> Weeklys -> Available Weeklys) Q. The Weekly Windfall Quick Start Guide refers to “Ideal Setup” and “Sunrise/Demise”. What are the definitions for these […]
Coaches Corner:
Trading with Favorable Probabilities
Welcome to the coaches corner. I’m Beau Keenan, a long time coach for the Pirate. One thing that appealed to me when teaming up with Preston was his emphasis on trading with favorable probabilities. I want to convey some of the important principles of probability in this article. Mike and Jon did a good job […]
Karson Keith’s Options Insights:
Disliking Facebook (FB)
Everybody knows that the IPO of Facebook was an absolute catastrophe, but few really understand where the company stands now. Facebook just reported their first earnings and the stock dropped down to an all time low near $23. Analysts will say it is because they didn’t post any guidance, but I have another opinion. The […]
Trader’s Talk:
TEI’s Louis Horkan Interviews Mike Curtis
In this month’s Traders Talk, we’re chatting with Mike Curtis, an experienced trader and one of Preston’s most experienced coaches. Mike’s been an active trader in the derivatives markets for eight years, trading options, futures and foreign currencies. He shares his take on the “The 1% Solution” and some insight from personal experiences in the […]
Musings from the Editor:
Chasing the Fears
Having spent the better part of my adult life (we’re talking chronological years—certainly not any semblance of maturity) in and focused on the markets, I’ve managed to pick up a bit of insight here and there. I’ve seen all kinds of markets, witnessed a fair amount of manipulation, tested strategies and indicators from A to […]