Monthly Archives: February 2016

Bo Yoder on Bullish S&P

Written by

The S&P 500 (ETF Proxy – AMEX:SPY) is pushing up into the blue box as forecast.  There is still a bit of bullish energy that needs to dissipate before short exposure can be taken with the highest odds, but I will be on the lookout for any reversal patterns that form as price pushes up…

The dark side of trading…

Written by

Every day, all around the world, traders make mistakes. Mistakes are part and parcel of trading and we have to accept that sometimes these are going to happen. However, there are mistakes that traders make that should never happen… Unfortunately, every day, traders make the worst kind of mistakes that can wipe out their entire…

The Ball is in, the game is on.

Written by

During course of the week the underlying trend changed to UP on VectorVest. The latter joined both the Primary Wave and the DEW Market Timing system, which if you remember, called the turn UP, last week. As frequently occurs the underlying trend turned UP and we printed a Confirmed Call on the same day. The…

The FTSE is trading sideways for now, where to target when it breaks out

Written by

Over the course of the past week the FTSE 100 has seen a nice uptrend that led the index to the 6,000 points’ area. As I mentioned to you last week the pivotal 5,800 points’ support area was not breached and as such the London index attracted enough attention to drive it higher. However what…

Bear Market Rally or New trend?

Written by

I hope you have been following the Market Timing signals as they appeared on the Market Timing chart and on the front page of VectorVest. A lot has happened since last weekend. After trading on Monday of this week the Primary Wave turned UP and that gave the most aggressive of traders the first signal…

Bo Yoder S&P Update

Written by

The S&P 500 (ETF Proxy – AMEX:SPY) is rising after forming a double bottom.  Bullish power has surged this week, and so we are forecasting a rally up into the blue box shown here, with about a 35% chance to push up higher than $200 into the $205 area.  Once this bull cycles wears itself…

When sentiment is skewed….

Written by

Early last year, I was being interviewed on financial T.V about the Euro. The currency was hovering at around 1.06 versus the Dollar at the time and the interviewer was convinced it was about to go to parity. He was looking for my agreement with his view and although from a fundamental perspective, the Euro…

She keeps her options open

Written by

Janet Yellen says she is keeping her options open on interest rates after a two day testimony that I will leave your weekend papers to analyze. She played down the concept of taking US rates into negative territory as headwinds grow in the global economy but it’s still on the table should future economic data…

Accept being wrong in order to be right….

Written by

Many traders spend an inordinate amount of time trying to avoid being wrong (having losing trades). They’re obsessed about being right and having high win rate strategies or systems. You can hardly blame them with all the nonsense out on the web about having high win rates. The problem is these people become fodder for…