Anticipating a move in oil prices and looking for a proxy for the slow-moving USO? A correlation chart is just what you need to ferret out the best stocks that can best take advantage of the move in oil prices. Pick the wrong stock and you’re almost sure to be disappointed even with your good call on oil prices.
http://swingmasterchartist.com/ How to use historical or implied volatility to project future stock prices for determining risk/reward or setting up option spreads. See how you can quickly analyze a symbols technical strength and market location on one page. Subscribe to Swing Master Chartist/Option Master Chartist today. Get great value f [...]
I have been watching FDX this morning and note that the lack of follow-through on Friday’s bullish bar has considerably dampened my interest in a long trade. Again, Mr. Market teaches that expectations are not a trading plan.
We take Swing Master Chartist/ Options Master Chart through its paces to identify FDX as a good trade candidate. We show you how you can use our unique tools to time your trade to get the best possible Trade Location on your entry. A good trade entry is extremely important because it minimizes the chance of the bid-ask differential putting y [...]
Swing Master / Options Master Chartist We talk about the “Market” as if it were a single, unified thing. It’s not. Sectors, industries and even the individual stocks within often go in different directions. The differences are often more magnified between asset classes. You will be a better, smarter trader by just checking [...]
Swing Master/Options Master Chartist One reason we like the Heikin-Ashi format is because a swing exhaustion or maybe even a change in trend is often preceded with a small inside bar. All the better when it’s of the opposite color. You can see that quite easily with the Financials (XLF), Discretionary (XLY) and Materials (XLB). The ins [...]
Swing Master/Options Master Chartist How many times have you heard recently that the big run in the US Dollar is harmful for the large caps of the SP 500 and helpful for the small caps in the Russell 2000? The correlation chart shows that this conventional wisdom is half right. The small caps seem to be running in the same direction as the US [...]