Rats of Wall Street: Rodents taught to trade in foreign exchange markets

“Monkeys and rats have a certain advantage over humans, and that is they do not read the newspaper and do not look into the news, and they do not get fooled by that; they really just look for randomness or technical signals,” he told RT. 

Buy In May And You Better Stay!

Well, once again the wive's tale tellers were wrong. After a long squeeze in April and May, June has been a breakout month,

It's time to protect profits and capital: We are in correction mode

In the S&P 500 we have confirmed sell signals on the; 
Quarterly 
Monthly 
Weekly and
Daily Charts. 
The last correction of May - November 2011 was 300 points. 
I believe we are headed to at least the 1600-1560 level of the mini S&P. 
That is the top of the 13 year sideways channel between 2000 and 2013. 
It's also the new floor that will support future rallies. 
So we have in fact begun "Sell in May go away" this past week. 
It's time to take profits and preserve capital.

APRIL FOOLS!

Another breakout day. Price action has been squeezing and chopping for weeks. Today, April 1 price broke out that long pattern and headed north. We are at a point where price is going to move more forcefully -- Up or Down remains to be seen. But we'll know in a few days.

I Hate Record Highs

I hate record highs because it seems traders are reluctant to go into uncharted territory. But in any case, despite the sluggishness in activity, there is still money to be made. I have not put any notes on today's charts. They are pretty self-explanatory. We have been going sideways and we may continue. Hopefully we'll get a break -- either way -- up or down. For some fast money.

March 21st Quadrupel Expiration

We're in record territory and dealing with skittish traders. Today was another waiting game for the best moves. The well announced sell off came just before noon and lasted for hours.

The Wall of Worry

This buy signal on the monthly chart is almost scarey. We're just beginning a new push higher without any significant corrections. We're witnessing something that's very rare.