I have some very exciting news for those that follow me and have used some of my work. Starting on June 1st I will be partnering with Tom Malone (TomTheTrader) at TTTHedge.com. Tom is the best tape reader I have every met, his style and skill complement my trading style perfectly. We offer two...
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We just ended another week and another month. I now have a chance to catch-up on our Zweig vs. Roubini track as well as the Zweig 4% mechanical trading model. Trying to pin Roubini down on his trade recommendations is proving to be fairly tough since he really is talking about the economy versus...
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Is it over? How will we know? The answer of course is we don’t, but we can get clues from near past behavior. Following is a spreadsheet of the state of the the current pullback in several indexes. You can see that we are right near or at the statistical average of all the...
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In Dr. Martin’s Zweig’s winning on Wall Street he presents a trading idea that was inspired by the work of his friend Ned Davis. It is a very simple trading method based on weekly data from the Value Line arithmetic index. The rules are quite simple and the results are impressive. Buy – Buy...
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Those of us who use the trin on an intraday basis know about its glitches as large volume stocks move from the advancing column to the declining volume or versa-vice. On Thursday this happened when Citigroup hovered around the previous day’s close. It caused the trin to shoot across the magical 1.00 level from...
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Wow, this is a historic bull run. The breadth of the recovery is astounding and the ZB indicator shows an unprecedented 6x overbought condition this year. How unusual is that you ask? I quickly eyeballed back 20 years and could only count 15x that the indicator displayed overbought. This year alone we have had...
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Since about the middle of April I have decided to become more disciplined about my scalp trading. I have a small TradeStation account that I scalp in. I have in the past, and still do on occasion use it to hedge what I have in my main trading account at E*Trade, this sometimes leads...
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