The January Barometer

The January barometer is a principle based in tape reading that I consider each year to plan my approach to the markets.  The January barometer is the theory that the movement of the S&P 500 during the month of January sets the overall direction of the stock...

So, You want to be a Day Trader…

Most people who are in the markets these days consider themselves investors or long term traders.  The irony is that most will get out of a position if it pays well in a short period of time.  They watch their position from day to day until they think it is the right...

Using Futures as an Indicator

By now, most people who pay attention to the financial markets realize that what happens in Asia and Europe will affect our market here in the US.  How many times have we woken up in the morning to hear CNBC or Bloomberg telling us that the European markets are down...