The currency markets (of the majors) are basically doing little or their trends are very slow (except Yen). I only put one chart up tonight and that is the Swiss Franc. As long as it can stay below 117, it looks like it has a new sell signal. There were no other signals given this week. A recap of t...

A friend of mine sent this to me. It is an old article about investing in Preferreds. The US government is creating and investing is many banks using a form of preferreds. If they can do it, why not us. Two good ETFs you can use instead of individual shares are PFF and PGF. Fool.com: The Power of Pr...

This is a 15 minute chart of the EURO. It broke down hard and fast. I hope if you have a currency trading account - you are short and you would move your stop to lock in some gains. If you trade just the currency ETFs, I would use caution here and not chase the move. Sell the ETF on any bounce....

Every year there seems to be a trade or two that stands out in my mind. Those trades I remember for a very long time. My wife complains I beat myself up too much and that very few of these trades of the year are for the positive. At the end of August, the overall market was down about 12% and I was ...

Daily EUR/USD - EURO Daily GBP/USD - British Pound Daily AUD/USD - Aussie Dollar Daily USD/CAD - Canadian Dollar Daily USD/JPY - Yen Daily NZD/USD - NZ Dollar Sometime one just thinks too hard. If you look at the above charts, the easiest way to make money would have been to sit on your hands and fo...

I have not been to doing too much posting here recently for two reasons - it is summer and frankly it has been too depressing. All the sectors - my four horsemen, commodity EFTs and commodity stocks have all been crashed of late but something happened this week. On Tuesday when the markets started g...

USO - Crude Oil DBA - Grains GLD - Gold SLX - Silver The metals are continuing to turn into a bullish mode. The Grains went crazy on the Midwest rain. Now they are a crap shoot. If the rains did harm, the Grains will shot higher. If not, they go lower. You now wait for each crop report to see which ...

GDX - Gold Stocks SLX - Steel Stocks MOO - Ag Stocks KOL - Coal Stocks OIH - Driller Stocks XLE - Energy Stocks A couple of weeks of wax on - wax off. Into commodity stocks - out of commodity stocks. I did a good job of picking the pullbacks/ breakouts for Ags, Coal and Steel. I seem to have no clue...

EUR/USD - EURO AUD/USD - Aussie GBP/USD - British Pound USD/CAD - Canadian Dollar USD/JPY - Yen USD/CHF - Swiss Franc The Euro, Aussie and Yen are giving clear signals. Taking the Aussie signals, you will need a strong stomach. The Pound, C Dollar and Swiss Franc are messy right now and very hard to...

Today is options expiration. Think of all the people being screwed by the big moves right now caused mainly by GOOG. This is why I never play this junk - only inter day stuff. Also if we hold on to these gains, this will be the first week in a long while where we had two big up days. On top of that,...