Monthly Archives: June 2014

Stock fundamentals, the magic 89 and the trigger line

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This post is for swing traders and those who want to make some money in 3-13 day moves in stocks. It takes focus and it’s not for everyone. The process of swing trading needs to be approached systematically akin to any other business. I have been swing trading for most of my trading career, and…

Big Levels in the FTSE-100

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Last week I discussed the idea of expressing some caution, taking some profits around current levels in the FTSE and possibly trying a short with a stop loss 100 points or so above the market. Whereas that trade is still open [just about], this week I wanted to draw some attention to a particularly big…

Will Euro/USD breach new highs this week?

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The Euro/USD enjoyed a decent pop last week with the aid of the non-committal Janet Yellen on FOMC. Many traders were looking for a break below 1.35 but on that occasion, they weren’t going to be granted their wishes as it followed through to the upside into Thursday.   Thursday saw the Euro rally towards…

Bo Yoder´s trading update

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The S&P 500 (ETF Proxy – AMEX:SPY) did drop down into a pullback as forecast last week, but the depth of this short correction was less than half of the predicted depth.  This shows the aggression and bullish strength in the markets since the recent Fed pump and break to new highs.  Normally, a market…

Pound seeing levels not seen since 2009

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The Pound is seeing levels not seen since 2009. It has hit 1.70 against the dollar with the 2009 high being at 1.7040 so that absolute high is not far away.   Unsurprisingly we are seeing the pound retreat slightly from 1.70 this morning and we could see some more consolidation over the coming days…

Bo Yoder S&P trade updates…

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The S&P 500 (ETF Proxy – AMEX:SPY) has run out of gas after breaking out to a new high last week.   I would expect that we will see a pullback into areas of chart support as drawn out, but my indicators are not offering high enough odds readings to take a trade into the…

‘Have some Krispy Kremes’ is my dentist’s advice!

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I know that I am not alone in being somewhat fearful of dentists. Any of them…yours, mine…they are all the same. I believe it is that innate   vulnerability we feel when laid back in the chair, being asked to open wide and relax… Relax? You are kidding surely! Even the presence of an often cute…

Be Careful on the FTSE-100

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The FTSE has already been lagging most Global equity indices for about a year. Whereas the FTSE 100 is only about 5% higher than its average price [6500] over the last year and yet to break its all-time high [looking at a properly back adjusted chart of the June future we see a high just…