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Is it the beginning or end of selling




If you look at T2108 we are reaching levels around 20 which have been levels from which rallies have started in last few years.

If you look at MM, this is just the beginning phase of sell off with significant and growing divergence.



If you look at QE indicator, every time QE ended it has lead to 10% plus correction. QE3 ends next month.

Bottomline treacherous conditions for momentum burst kind swing trading.

Wait for conditions to improve before committing big money.
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Members feedback

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Understanding momentum to find explosive stocks Part 2

In the first part of this post I explained what is momentum and how to scan for momentum. The post focused on relative momentum. There is ...

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Understanding momentum to find explosive stocks

Understanding Momentum helps you find explosive stocks and exploit them as swing trader or position trader. As a trader you want to be in s...

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Members Feedback

I've been on the site for several months now and your site has been the ONE biggest MOST POSITIVE influence in all my attempts and sear...

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Develop basic understanding of momentum

Many beginner traders email me asking where should they start. I always tell them to try and develop understanding of what is momentum , ho...

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Understanding market breadth can help you lower drawdowns

Stock markets are composite markets. The overall move in market is an aggregate of moves of several hundred or several thousand stocks. So ...

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Growing divergence

Mountain sized breadth divergence has developed while S&P and DJ 30 make new high. Small caps are getting sold daily and they never par...

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Always think process flow

Everytime you see someone twitting a stock idea, ignore the idea, try and find out what process this person uses to find that stock. Every ...

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Eliminate Processes and methods

There is a diner next to my house, it has menu which runs in to 10 pages with around 10 items on each page. That is like 100 items. Think a...

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Start with process flow if want to improve your trading

Start with process flow if want to improve your trading However imperfect it is start first by setting up a process flow for trading any...

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Stocks move in momentum bursts

Even if you eat green eggs and ham for breakfast stocks will still move in momentum bursts. This is the most basic tendency of stock...

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Where should you put a stop

Stops are setup specific . There is no one universal stop strategy that works. Stop s just one element of your trading system. Unless a...

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Advice from veteran trader about developing trading plan

One of the new trader asked how to develop a trading plan. One of the veteran trader who has made millions trading and is Stockbee member...

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How to use after hours news to find trading opportunities

Short term moves and also many long term moves are precipitated by some news event. If you everyday systematically identify 3 to 5 opportun...

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How to make money in your 401k

If your 401k has not gone anywhere over last 10 or 15 years then you should look closely at your approach to investing. Lot of approac...

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The sweet spot for swing traders

As a young stockbroker trying to figure out the market in the 1950s to early 1960s, Bill O'Neil made an important observation. He no...

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Breakout anticipation buy watchlist for September 12 , 2014

For anticipation I look for stocks with minor pullback or sideways consolidation and that are up  or down less than 1%. This list offers ...

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If you are just starting out trading

If you study the Market Wizards or other many very successful traders who are not featured in market Wizard , most took around 10 years to ...

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Does earnings matter if you are trading momentum burst

We have many beliefs and assumptions about how stocks move and markets operate. In order to successfully trade a specific setup you must ha...

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Stockbee Members feedback

Members feedback that made my day "Part of my problem is that there is just too much good info on this site everyday." "...

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Does relative strength matter if trading momentum bursts

We learn by revising and revisiting our assumptions and beliefs. This is a continuous process. As we get exposed to new information we revi...

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Barron's cover bullish

As a contrarian you should be worried when bullishness makes the cover. But on practical level i just trade a setup. If a stock mets s...

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What should a well defined setup tell you

You have a choice of setups to trade. Setup is complete set of conditions involved in trading a particular method. A well defined setu...