January Book Tour!
I’m coming to a city near you…that is, if you live in Texas! I’ll be speaking in Austin and Dallas this month to promote my book, Secrets of a Pivot Boss.
Money in the Bank – The Modified PEMA Crossover
The market created amazing opportunities for profit this morning. Fortunately, I deployed two of my best setups to capitalize on these opportunities during the first two hours of the day – the Magnet Trade and the Modified PEMA Crossover. Let’s take a closer look at the Modified PEMA Crossover to reveal how this setup can make you money!
Time to Sell $TIN
Temple Inland, Inc. ($TIN) has enjoyed a steady climb after bottoming out in August at around $16.00. However, $TIN is now testing a major wall of resistance at $23.00, which could lead to a sizeable correction in the days ahead. Here’s why..
January Outlook for the S&P 500
One thing is for sure: the S&P 500 ($SPX) finished 2010 on a bullish tear, remaining highly resilient to the end. However, given the January profile of the last three years, we could see a sizeable drop to begin 2011, as profit-taking hits its full stride. Here’s why..