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                                   inverted H&S

The information contained herein is for educational purposes only and is not, and should not be construed as an offer to hold, sell or an offer to buy any securities.

“Risk is a no-fooling around game; it does not allow for mistakes. If you do not manage the risk, eventually they will carry you out.”

"the best predictor of long-term returns is the presence of a well-considered, rational decision-making process that displays a deep understanding of the dynamics of the marketplace"

You choose

Yes, exit strategies are very important part of trading strategy

“Your own psychology is likely to contribute more to your success than your system.”

What do people do?

Trying to predict the future is futile and runs counter to making money in the markets.

new issue

                    stalking

Trend is up. Enjoy the ride.

The greatest enemy to success is you ~ the man in the mirror will allow you to get what he wants out of the market ( life ).

"My view is that a trader should not attempt to maximize profits on any given government report, event, day, week, month or even year — but to construct risk management practices geared to the longevity of market speculation over decades. Accordingly, I have covered all financially related positions."

sailing away from a sinking ship ?

"If we didn't experience a loss, we would never know what we are capable of."

                                                            today we lost Muhammad Ali

If I had to sum up my practical skills, I would use one word: survival. Operating a hedge fund utilized my training in survival to the fullest.

50/200 dma ready to cross

this could mean inflation is coming back and lower prices for bonds and higher prices for stocks

Living.

If we look back at 2010 we can see a lot of similarities.

Stocks were hammered in the first half of 2010 by the potential default of Greece - and for energy stocks, the oil spill in the Gulf.  The macro clouds were removed, and in the second half of 2010, the S&P 500 rallied from down 7% to up 15% by year end.

The Russell 2000 was down 6% for the year through July of 2010.  Over the next five months it rallied 34 percentage points to finish UP 27% on the year.

What about energy?  After being down 12% in the first half of 2010, the XLE (the energy ETF tied to a basket of energy stocks) returned 34% off the bottom and 22% for the year.

Also remember, in Fed tightening cycles, stocks tend to go UP not down. We’re officially five months into a Fed tightening cycle and stocks are basically flat.  

.Patience required.

Since the Fed said the market was not giving enough weight to a rate hike this June, the market has stalled out with volumes drying up considerably on most stocks and few gains to be had.

The greatest market traders of all time

http://www.timesofmalta.com/articles/view/20160523/business-features/the-greatest-market-traders-of-all-time.613051?utm_campaign=Contact+SNS+For+More+Referrer&utm_medium=twitter&utm_source=snsanalytics

markets now

Following the release of the minutes on Wednesday, Fed funds futures rates showed that investors doubled the likelihood of a rate increase from the Fed in June, to 34 percent from 17 percent, according to CME group's FedWatch tool.

However, on Thursday markets rebounded from Wednesday's sell-off, and priced down the odds of a Federal Reserve interest rate increase after remarks from New York Fed President William Dudley.

The likelihood of a June interest rate hike fell to 26 percent after Dudley's speech on Thursday.