Don’t Suffer Paralysis From Over-Analysis In Your Trading


by Steven Sarnoff

                    “If you spend too much time thinking about a thing, you’ll never get it done.” — Bruce Lee

This week, with more earnings and big mergers on parade, there is plenty for traders to digest.  Add to that, the myriad of technical tools available at your mouse-clicking fingertips and you can see how traders can easily be bogged down and confused by conflicting indicators and information overload.

As a technical analyst, aka a “chartist,” you have the ability to overlay a veritable smorgasbord of studies on your chart.  That can quickly clutter the picture and cause indecision.

So Sarnoff, what is your solution?

The answer is to study the technical indicators, pick a handful you like best, and use them.

I want my chart to paint a vivid picture, depicting  the human behavior (buying and selling) that drives the direction of market price movement.  I prefer to look at a clean and clear chart, one that readily reveals which side (buyers or sellers) has the advantage.  I can then go about determining when and where the balance of power is likely to shift. Continue reading

Are Bears Ready To Get Fat Quick?


Bear getting into “get fat quick” phase, h/t natgeotravel

by Steven Sarnoff

When temperatures start to fall, bears are known to move into a “get fat quick” phase.  They gorge on anything edible to fatten up and survive their lengthy winter slumber.

When asked why the market was up or down on a particular day, my dad would reply in his Brooklynese, “Sometimes the bulls gotta get fed and sometimes the bears gotta get fed.” One of the lengthiest bull markets on record has left beleaguered bears hungry for a turn.

Are they ready to feast? Continue reading

Surfing Silver With The Superleverage Power Of Options Hotline


by Steven Sarnoff

My Options Hotline subscribers doubled their money in just one day, today!  Here’s how they did it.

Option buyers are the only ones who have the Superleverage power to use OPM (other people’s money) to profit from changing prices, with an always known and strictly limited risk at all times.  Options also allow sensible speculators the opportunity to profit from stock moves both up and down.

Such has been our experience this year, using shares of silver streaming company Silver Wheaton (SLW) as our proxy for the precious metal. Continue reading