Dear Reader, It's no secret that machines are taking up a bigger and bigger share of investing, and the extent of their influence is shocking - 80% by some estimates. Jeffrey Gundlach, CEO of DoubleLine Capital, is calling it "herding...

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Hey there, Power Profit Traders! Our market environment is primed for great trading opportunities and I've been sending trade alerts to my publication subscribers regularly. Now, I'd like to open door to trading opportunities for you even wider,...

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It's Fed Day, which means another rate hike, but I wouldn't expect the rate increase to derail the market just yet. You know I'm a pattern trader, so what's happening in the news headlines has less meaning for me than what the charts are telling...

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Dear Reader, The Fed is gearing up to raise interest rates once again next week, which is a sure sign inflation of an uphill battle. Nobody likes heavy inflation because it simply reduces your household buying power - you're getting less bang for...

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Dear Reader, A technical glitch with the New York Stock Exchange's opening auction yesterday caused more than 80 stocks to halt trading right out of the gate. Traders everywhere were confused about their orders and the apparent market mayhem. The...

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The Fed is committed to reigning in inflation at all costs and each interest rate hike takes us one step closer to Powell's pivot on interest rates. With the next rate hike less than two weeks away, there's a 92% probability we'll see a...

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Dear Reader, Since October the S&P 500 has recovered over 15% of losses sustained last year, which looks promising on the surface; and, it included heavier trading volumes - a sign of strength. Although the market may look promising at the...

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Actor Harrison Ford had skills as a carpenter and handyman prior to his huge success in film, and it's a good thing. What would have happened had his acting skills bombed out? Fortunately, we can surmise he'd have something to fall back on to help...

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Dear Reader, It's January and you know what that means - earnings season is on. 2023 is expecting a wide-spread challenge as S&P 500 earnings growth estimates have steadily declined since mid-April, and each Fed announcement and economic...

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The CPI is out and consumer prices increased 6.5% from a year earlier, which is significantly off June's 40-year high of 9.1%. While inflation is off its high from last year, prices still increased, but there may be a silver lining... wait for it,...

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