In February, I wrote an article discussing the fact that juiced ETFs (ETFs designed to double or inversely double the returns of an underlying index) do not perform as you might expect. There was a huge response to this article and mostly positive feedback. There are plenty of reasons why... READ MORE
Ok, I understand the logic - partially. In order of S&P 500 calendar month performance since 1950, May ranks 8th out of 12 and June ranks 10th out of 12. However, both have produced positive annualized returns and in this period of very low interest rates, does it... READ MORE
In my last article, I noted that I was "undeniably bullish". I can tell you that nothing occurred these last two weeks to change my mind. More and more corroborating technicals have lined up to suggest this current rally has legs. Perhaps the most important of them all... READ MORE
I am undeniably bullish right now. My only question at this point is whether this is a very significant bear market rally or the early legs of a new bull market. Believe it or not, I think it's the latter. As pointed out in my last article, this... READ MORE
The market performance the last two weeks was very impressive. Was it simply a sequel to the bounces we saw in October and November? That is certainly a possibility, but we saw a few sparks in this rally. For instance, the volume that exploded in financials must be respected. Perhaps... READ MORE
Significant market bottoms generally share many key characteristics. I like to see a spike in volume to get that last wave of selling in place. During this "panicked" phase, it's also important to see pessimism rise to a relative level where we can be fairly confident... READ MORE
I receive a lot of questions regarding the "ultra" shares and "ultrashort" shares and how to effectively trade them. In particular, there are always questions asking why those "juiced" ETF returns don't correspond to the indices they're supposed to track... READ MORE
We've seen this all before. The sure-fire short setups get waxed as trendline support holds. Then the bulls grow confident as the market soars only to get turned back by trendline resistance. The cycle continues to repeat itself until we get resolution. If you time your entries perfectly,... READ MORE