This will be a light week for economic data. The key report this week is the Trade Deficit on Wednesday.…
Continue ReadingClarifying Oil’s 10-Year Message For Stocks
It is now officially April and, in past posts, I have noted that the leading indication message from crude has…
Continue ReadingI’m Ready to Go Back
Time moves slowly when you’re young. My childhood felt like an entire lifetime. My 30s are going by in the…
Continue ReadingThese Mega-Caps Look Set For Higher Prices!
It has been 6 weeks since the February 12th market top on the $COMPQ. The $SPX and the $INDU have…
Continue ReadingIs It Time to Go Long on Gold? — Mary Ellen McGonagle Joins DP Trading Room Monday!
In today’s “Diamond Mine” Trading Room (DP Diamonds subscribers-only), I was asked if it was time to go long on…
Continue ReadingA Relative Strength Clue for QQQ
The Nasdaq 100 ETF (QQQ) represents the largest stocks in the Nasdaq and the Nasdaq 100 Next Gen ETF (QQQJ)…
Continue ReadingApril 2nd COVID-19 Vaccinations, New Cases, Hospitalizations
Note: I’ve been posting this data daily for over a year. I’ll stop once all three of these criteria are…
Continue ReadingThis Is The ONLY Technical Sell Signal I Use To Spot Secular Bear Markets
Why am I always so bullish? I’m asked this question in many different ways, but I’m very happy to explain…
Continue ReadingMarch Vehicles Sales increased to 17.75 Million SAAR
Wards released their estimate of light vehicle sales for March yesterday. Wards estimates sales of 17.75 million SAAR in March…
Continue ReadingHere’s What Great Earnings-Related Trade Setups Look Like
I love earnings season. Perhaps it’s the CPA inside of me, having practiced in public accounting for a couple decades.…
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