Trading with an Edge
Today’s Economic News: German trade balance.. that’s nice. Not much today on the Eco front. Tax money is in from April 15th Tax Day, hence you will see a rare surplus. Quote of the Day:Commonsense and good nature will do a lot to make the pilgrimage of life not too difficult.–William Somerset Maugham Featured [...]
Today’s Economic News: Nice nice, on the Germany factory order … something is afoot in Europe. Not much to watch here in the U.S. Quote of the Day: Injustice is relatively easy to bear; what stings is justice. –H.L. Mencken Featured Breadth Chart of the Day: This chart, we all know, says grinding higher, those [...]
Today’s Economic News: All eyes on the jobs number Quote of the Day:I detest the man who hides on thing in the depths of his heart and speaks forth another.–Homer Featured Breadth Chart of the Day: Still buying the highs in here. We did almost 300 NHs y’day (297) Comments and Levels for the [...]
Today’s Economic News: Good numbers out of the UK has the dollar swooning today as Europe is saying, “Whoa there USA, maybe you aren’t the lead”. Watch initial claims, they want to be below the 350K number. Quote of the Day:No person was ever honored for what he received. Honor has been the reward for [...]
Today’s Economic News: The news out of Europe continues to disappoint. In the USA today, durable goods at 8:30am will give the market a spin on what is so far nearly a flat open. Quote of the Day:For greed, all nature is too little.–Seneca, Roman statesman and author Featured Breadth Chart of the Day: We [...]
Happy Earth Day! Today’s Economic News: Nothing but Future news Quote of the Day:Commonsense and good nature will do a lot to make the pilgrimage of life not too difficult.–William Somerset Maugham Featured Breadth Chart of the Day: Since we remain on a Zweig oversold watch, we will keep this as our focus [...]
Today’s Economic News: Quote of the Day:We need not all agree, but if we disagree, let us not be disagreeable in our disagreements.–Martin R. DeHaanIsn’t that a song? Featured Breadth Chart of the Day: Right back into the 90’s on our new highs / new lows ratio chart. One thing interesting about yesterday was that [...]
Today’s Economic News: Not much news today… maybe some time bomb in those FOMC minutes or a pledge to support the markets via QE forever, watch the markets around 2pm ET. Quote of the Day:No human investigation can be called real science if it cannot be demonstrated mathematically.–Leonardo da Vinci Featured Breadth Chart of the [...]
Today’s Economic News: Good Germany trade imbalance, bad UK one, although decent numbers for industrial and manufacturing production. Today in the USA, Wholesale inventories will be watched, they are expecting a slowdown in growth to 0.5%. Anything above that will be perceived as weakness as inventories are building, anything below that will be a sign [...]
Today’s Economic News: Good news out of China, continuing weak news out of the UK. In the US, we start our Jobs week with ADP data out at 8:15am. At 10am ET, we get the ISM index for non-mfg. – that is something worth watching. Quote of the Day:If it doesn’t matter who wins, [...]
Tom Malone, born in the Midwest, started trading corn futures in the '70s and then went to work with Metropolitan Life Insurance before entering postgraduate work in Florida. His interest in trading deepened when he was given the rare opportunity to work with the legendary Dr. Martin Zweig and the famous Zweig Forecast for two years. To this day, the Zweig Forecast is renowned as the best newsletter in history, and we all mourn the recent loss of Dr. Zweig. Tom's trading has been broad with experience in every commodity traded, but his love is the U.S. stock market and stock picking and market timing. His calls on the market are legendary and in 2007 he was called "the greatest short-term market timer of our generation" by Mike Burk. who has seen tens of thousands over the years. More recently Tom got the trading group leveraged long on Oct. 4, 2011, for the launch of an epic bull run and what may be a new secular bull market. He also runs several unique trading programs that have helped many beat the market.
