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Now time to be uber selective

Yesterday I mentioned that a lot can change very quickly in the markets … It’s still choppy out there which means be very selective, but yesterday’s close suggests a follow-through today. &nbsp…

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A time to be in cash

As I mentioned in my members’ meeting last Thursday, this is what you’d call an ideal time to not trade.  We’re still in the thick of earnings, though many of the large market movers have already…

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Gap and Flag Setups at Earnings

It’s been a mixed bag out there for this earnings season, with the financial stocks dropping, bouncing and stalling, and several majors about to announce this week.  SBUX and NFLX …

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Yet Again the RRT Does its Work

After a hesitant start the Railroad Track I identified on Monday certainly found its sweet spot yesterday with a powerful surge of 31 points on the S&P, 260 on the Dow, and closing near the day’s …

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Select Potential Reversals

The SPY and DIA are exhibiting railroad tracks (not the most compelling but the pattern is there), and a couple of select stocks are showing signs of promise.  Otherwise, we’re still in the thick…

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