Today’s Market Commentary Tuesday June 2, 2009
There are some interesting divergences here in this market GS has been down 2 days in a row with this rally. The GS divergence can be a early warning of a pullback up here. The DJIA finally got within 5 points the daily 200sma yesterday which is something we [...]
Today’s Market Commentary Thursday March 26, 2009
Well we were on the money again yesterday. We took out Monday’s highs in the first 30 minutes but we did not do it with conviction. It is now important for the markets to continue this rally to hold their respective daily 50sma’s. As you can see from the [...]
The following article was written by @maxzeledon a fellow trader on Twitter. Our initial connection was our shared interest in the dealings and history of Latin America, and he has started a wonderful blog here www.fondolibre.com. Here is his entry for March 11, 2009 which he was gracious enough to share with us. We hope [...]