Prejudice In Patience

Prejudice In Patience

You hear the maxim “Patience is a virtue.” bandied about endlessly. However, when it comes to both trading (i.e., Wall Street) and technical analysis, this is one of those areas that many fall to the whims of their emotions rather, than the discipline to stick with their analysis. Or said differently… They become impatient (trust…

Interesting

Interesting

Here we are on this Monday morning before the U.S. cash “markets” open for what will be a busy week of earnings reporting for one of the most important sectors to the economy: banks. All I can say when looking at the recent movements over the last two weeks is stated in the headline: Interesting….

Observation Followup #2

Observation Followup #2

The latest in what I’m watching series (prior can be seen here) is today’s S&P 500™ via the e-minis at around 8:00am ET here on Thursday. It speaks for itself. Again, as I’ve said many times prior “Until something breaks or breaks out, the machines are running a very disciplined game.” To wit: But for…