May 11, 2012 - The Steady Trader

Don’t Trade On Pure Technicals The Coming Days

With the U.S. election just hours away I have received a dozen or so emails asking me how folks should trade the market these next few days. In short, unless you must trade by mandate or have in incurably itchy trading finger it might be best to just sit out and let the elections come […]

S&P 500 Close-Up Look

Last week the S&P 500 closed higher just marginally but the intra-week volatility was meaningful. Thursday’s rally found its match just a day later, which forced equities to close at the lows for the day. The 15 minute chart of the S&P 500 shows that on Friday the index retraced back to its breakout point […]

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