Trading with an Edge
We are comfortable now for those early knife artists to say that all the breadth indicators are stretched far enough to try an RTM trade (Return to Mean). This is not a call on the bottom in place, it is a counter trend call, so upside could be limited. Our Zweig is 2 days [...]
We just missed a Zweig 4% Sell Signal. For those that don’t know about the Ned Davis/Zweig 4% system that we have been trading, you can read about it here: Zweig / Ned Davis 4% System. The thing to know is that it is a long trending trading system that has been long [...]
The Zweig is about to go overbought: The CVI still needs to break that upper trend line to get a bullish tag, but looking good. Our 50 DPI is off to a good start and we like the headroom in here as we expect to hit 80 some time going into the summer. NH/NL is [...]
Our Zweig has finished day 10 quite shy of its goal, but still looking pretty bullish, It is always abut follow through establishing a trend. Nice trendline break on the Zweig. For some bullish confirmation we would like to see the CVI get above the 15dma Our 40 DPI is at a [...]
I am writing this AM from Chicago and running a bit behind. So here is the gist of the data. We talked yesterday about a bounce seemed to be in the cards and that has come, now we area up at the overbought areas again so the bulls need to show they can put it [...]
Around the Globe Asia – CLOSED Shanghai (China) +0.01% Hang Seng (Hong Kong) +0.26% Nikkei (Japan)-0.78% Europe as of 8:07am EDT DAX (Germany) +0.43% FTSE (UK) +0.50% Today’s Economic News: Quote of the day: In politics, absurdity is not a handicap. – Napoleon Bonaparte Current Allocations from our room: Performance [...]
Around the Globe Asia – CLOSED Shanghai (China) -0.76% Hang Seng (Hong Kong) -1.84% Nikkei (Japan)-0.20% Europe as of 8:02am EDT DAX (Germany) -2.91% FTSE (UK) -1.85% Today’s Economic News: Bad news out of Euro land as the manufacturing PMIs show weakness continues. Quote of the day: Personally I’m always ready to learn, although [...]
Around the Globe Asia – CLOSED Shanghai (China) +1.96% Hang Seng (Hong Kong) +1.06% Nikkei (Japan)+2.14% Europe as of 7:51am EDT DAX (Germany) -0.99% FTSE (UK) -0.37% Asia had its party but Europe has a little hangover evidently. Today’s Economic News: Fairly good new out the UK on a light news day. Quote of [...]
Tom Malone born in the Midwest started trading corn futures in the 70's and then went to work with Metropolitan Life Insurance before entering post graduate work in Florida. Got the rare opportunity to work 2 years with the legendary Dr. Martin Zweig and the famous Zweig Forecast that to this day is renowned as the best newsletter in history and Dr. Zweig still shares his thoughts on the markets to our group. Tom's trading has been vast with having experience in every commodity traded but his love is the US stock market and stock picking and market timing. His calls on the market are legendary and was called in 2007 "The greatest short term market timer of our generation" by Mr. Mike Burke who has seen 10,000's over the years. More recently Tom got the trading group leveraged long October 4th 2011 for the launch of what may be a new secular Bull Market and also runs several unique trading programs that have helped many beat the market.
Marlin Cobb, aka RedLionTrader has been trading for over ten years. Previously, Marlin worked in high-technology with a specialty in very high resolution display controllers for the graphics & imaging world and as a principal of DOME imaging systems which enabled the transition of medical radiography from film to digital. Using his engineering background Marlin’s work has focused on extracting market timing signals from market breadth data. Most recently his research has been focusing on high frequency trading, looking for pockets real-time in the live auction for possible exhaustion and turning points.
