Author Archive for TheStockBandit
Jeff White is the founder of www.TheStockBandit.com, a nightly newsletter for active traders. He has been trading his own account for over a decade and currently trades full time in Texas.
Watch for Timing Themes
As a rule, no there is no specified timeframe which I refuse to trade. However, it is always a good practice to pay attention to developing themes in how the market is moving.
Video Review of the Indexes 7-11-2010
The buyers went 4-for-4 last week with the major averages recovering what had been lost in the previous week of relentless selling. And for a holiday-shortened trading week, the action was quite good from start to finish.
Video Review of the Indexes 7-5-2010
The bears pitched a shutout last week, going 5-for-5 as the market continued its slide. New correction lows were reached in each of the major averages, reminding us all of the struggle this market is having to stabilize.
Support zones have been broken, and trends remain down, but with deeply oversold conditions having emerged, a bounce [...]
Making it Back
At this point just a short time removed from the April highs, there are no doubt many folks who were late to the party now feeling serious pain.
Technical Grade: F
Every chart should be given a grade, if for no other reason than it’ll require you to evaluate the entire situation and make a decision. Should it be traded? Should it be watched? Should it be avoided?
Looking at the chart of F below, this one earns an ‘F’ on recent behavior as well.
Have a MENT
Quick trades can be among the best kind, keeping capital tied up for a limited time and offering fast gains when they do their thing.
Video Review of the Indexes 6-20-2010
The major averages finally put in a few days of rest last week after some lively action on Monday and Tuesday, holding onto some nice recent gains.
Key resistance zones have for the most part been cleared (with the RUT being the exception), and currently are serving as short-term support. Even if we see those levels [...]
