Monthly Archives: June 2012

U.S.A. Healthy Nation ??

We are really a young country in the grand scheme of things. I just did some research and learned that americans are not ranked very high for life expectancy http://en.wikipedia.org/wiki/List_of_countries_by_life_expectancy . We spend the most money on healthcare http://en.wikipedia.org/wiki/List_of_countries_by_total_health_expenditure_(PPP)_per_capita . There is something wrong here. … Continue reading

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Supreme Court Decision Obamacare

I believe this is going to move the market dramatically today. I feel that the decision is going to be against Obama which is going to benefit the republicans going into this election. We are still in an uptrend and … Continue reading

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Broken Channel Uptrend Still On

Today was an amazing day for day trading. We are tightening up our stops on the swing trades. Expecting price to go up for a few days. Fridays can be weird though. The bearish engulfing pattern is sometimes followed by … Continue reading

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FOMC Chart

This is Interesting. Thanks Tim Knight.

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FOMC Here We Go

All of the talking heads are talking and talking about the FOMC. This is an important meeting for the market. Bernanke in February was pretty accurate in his assessment http://www.federalreserve.gov/newsevents/testimony/bernanke20120229a.htm . I am thinking the FOMC announcement is going to … Continue reading

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Upward Channel Still Holding

This upward channel is holding up well. I just wish it would get going. I am short the TLT which is an ETF for Bonds. This trade is not going in the direction I would like yet. We are hitting … Continue reading

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Upward Channel

Today was one ugly day. I am not panicked yet due to the upward channel holding. It will be interesting to see if the higher lows continue. Watch and see tomorrow. It is going to be fun. Great trading for … Continue reading

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