Please see the notes on the chart.
This is easy and captures the trend pretty well.
Simple systems are the winning ones.
Please see the notes on the chart. Correction - it is not 50 day MA but 200 MA. Sorry.
Please see the notes on the chart. Something I did not mention in the chart - 50 and 100 period EMA is a really good trend following system that works most of the time. If the reversal in the direction is a crash, this indicator may give a delayed sell signal. However, if the reversal is after a consolidation or a slow reversal, it works pretty well, just like in...
Please see the notes on the chart.
It is not too late to short. This system gives buy signal when 50-period EMA crosses above the 100-period EMA. The sell signal is given when the 50 EMA crosses below the 100 EMA.
IWN is definitely under-performing large caps. Unlike in previous years, it has not started it's December rally. We just need to wait and see which direction it is breakout.
I am not sure if we are in a bull market. FED has confused me so much.
Besides media's comments on how lower oil price is helping the consumers and business, we should not overlook what has happened in the past when oil price got crushed. Ignoring history is a preparation for the same kind of mistake. History says that a sharp decline in oil price is a pre-requisite for recession. Given the improving economic situation of the US, it...
This stock has been consolidation for almost throughout the year. Now, it has broken out on the upside. This is a buy signal.