Trading High Potential Stocks

First trading day in May and lo and behold, like clockwork, decent selling hits the market. I had mentioned the potential for the dreaded ‘Sell in May’ to happen earlier this year, which clearly didn’t happen. Today’s price action though, looks like the market is starting to be impacted by a seasonality pattern which is typically […]

The silver price has now officially spiked. The silver short squeeze is over for now. The volume for SLV the Silver ETF has dramatically increased and price has reversed. Buyers have become exhausted and has been met with huge selling. Technically speaking this is a classic distribution pattern. What makes holding silver-related assets a risky […]

Time for another excerpt post, which many of you have come to appreciate. There’s a great Ed Seykota quote about forecasts: I don’t predict a nonexisting future. – Ed Seykota The most vicious trap a trader can fall into, is to follow so-called leaders or gurus because they are perceived to ‘know more‘ due to […]

There is still not much to write about. The best summary of the current situation would still be that we could break either way. This is still a very good time to sit on one’s hands and wait for the market to give us more clues as what to expect next. For now we are […]