QQQ: Exceptionally Strong Resistance Ahead

The Nasdaq-100 ETF is facing exceptionally strong resistance near $88.50. This type of resistance will be very difficult for QQQ to overcome without support form very positive fundamental news. Otherwise, a short-term reversal is highly probable.

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Stocks and ETFs to Watch – Wednesday, April 23, 2014 [Premium]

Stocks and ETFs to Watch premium report before the open of Wednesday, April 23, 2014. This report includes short-term and longer-term quantitative analysis of price action with emphasis on popular ETFs and S&P 500 stocks.

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The RSI Spread Indicator in SPY Reaffirms Previous Long Signal

The RSI spread indicator in SPY is at -19.40 as of the close of yesterday. For a 5% profit-target and stop-loss for long positions the positive bias is large and significant.

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Stocks and ETFs to Watch – Tuesday, April 22, 2014 [Premium]

Stocks and ETFs to Watch premium report before the open of Tuesday, April 22, 2014. This report includes short-term and longer-term quantitative analysis of price action with emphasis on popular ETFs and S&P 500 stocks.

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Stocks and ETFs to Watch – Monday, April 21, 2014 [Premium]

Stocks and ETFs to Watch premium report before the open of Monday, April 21, 2014. This report includes short-term and longer-term quantitative analysis of price action with emphasis on popular ETFs and S&P 500 stocks.

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Price Action Analysis of SPY and QQQ – April 20, 2014 [Premium]

The analysis includes attractor, support and resistance levels, as well as, calculations of probabilities for reclaiming 30-day highs.

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Where is the Stock Market Correction?

It seems like there were some persistent attempts recently to convince investors that the stock market was due for a large correction and that came in the form of a bombardment of articles by the financial media, the most optimistic calling for a decline of 10%. Investors did not bite the bait and the efforts have gone astray.

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Software for Quantitative Systematic and Discretionary Trading

Trying to discover an edge by randomly backtesting ideas is equivalent to looking for a needle in a haystack. More than 25 years have passed since backtesting software became available to retail traders and the difficulty in finding an edge persists because of various issues that involve, amongst other things, data-snooping and process pitfalls.

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