Monthly Archives: March 2012

Eight Investment Lessons I do not Need

Posted on March 31, 2012 by Michael Harris

Another “lesson” list I do not agree with. 

Posted in Folklore | Tagged | Comments Off

TLT Holds the Key After Hitting Profit Target

Posted on March 30, 2012 by Michael Harris

The profit target of 2% for a long TLT position at the open of March 20, 2012 was hit just three days from my relevant post and at a time when most  analysts expected an accelerated decline.  What is next for TLT and for … Continue reading →

Posted in ETF Analysis, Technical Analysis | Tagged , , | Comments Off

Price Action Lab Alert for Thursday, March 29, 2012

Posted on March 29, 2012 by Michael Harris

This alert is about long and short signals in major ETFs.

Posted in Price Action Lab Alerts, Price Action Lab Patterns | Tagged | Comments Off

Price Action Lab Alert for Wednesday, March 28, 2012

Posted on March 28, 2012 by Michael Harris

This alert is for SPY.

Posted in Price Action Lab Alerts, Price Action Lab Patterns | Tagged , | Comments Off

The Risk of a Market Correction has Increased Substantially

Posted on March 27, 2012 by Michael Harris

The recent rally in NASDAQ-100 and QQQ has some technical similarities with the one during the early part of 2010 that ended with a violent correction. Periods of persisting oversold conditions such as the present one (a 12-week NASDAQ-100 winning  streak) can be very problematic … Continue reading →

Posted in Price Action Lab Alerts, Technical Analysis | Tagged , | Comments Off

Price Action Lab Alert for Monday, March 26, 2012

Posted on March 25, 2012 by Michael Harris

This alert is about signals in DJ30 stocks.

Posted in Price Action Lab Patterns | Tagged | Comments Off

NASDAQ-100 and QQQ on a Remarkable Winning Streak

Posted on March 25, 2012 by Michael Harris

NASDAQ-100 and QQQ have posted gains for 12 weeks in a row, or on a weekly basis at the end of each week since the beginning of this year. If the close of the next week is also positive, they will be up on a … Continue reading →

Posted in ETF Analysis | Tagged , , | Comments Off

Technical Trading: The Winners and Losers

Posted on March 24, 2012 by Michael Harris

Technical trading is not as easy to define nowadays as it was in the 1980s when it become popular. It is no longer limited to technical analysis and indicators but encompasses a wide variety of methods. Most of the methods are well-known, … Continue reading →

Posted in Trading System Analysis, Trading System Design | Tagged , , | Comments Off

Price Action Lab Alert for Friday, March 23, 2012

Posted on March 23, 2012 by Michael Harris

This is a short signal in a DJ30 stock.

Posted in Price Action Lab Alerts | Tagged | Comments Off

TLT Rebounds with Falling Bond Yields

Posted on March 22, 2012 by Michael Harris

Two days ago, I used technical and price action analysis and warned about a pending rebound in TLT, when the predominant view was that of an immediate collapse. TLT gained $1.69 since the close of last Tuesday. How high can this rebound reach?

Posted in ETF Analysis, Technical Analysis | Tagged , , , , | Comments Off