Many of us believe that when stocks fall that is our cue to start buying. If you’re aware, observant and fortunate it’s not unlikely to pick up something that has sold down indiscriminately. But there are stocks that fall and hardly ever recover – for a good reason. How do you identify a legitimate drop [...]
I prefer to let the market do its thing and tell me how to proceed. Making wild guesses and speculating on what it should do is pointless and often is met with disappointment. Oh sure, it’s nice to have that conversation by the water cooler or in a bar among friends and colleagues, fun to [...]
CNBC’s Jim Cramer featured the chart analysis of our founder Bob Lang tonight on his flagship program, Mad Money. BA Stock Analysis by Explosive Options’ Bob Lang Using Bob’s eagle-eyed look at the candlestick charts, Cramer walked through a look at Boeing (BA): “Just because a company seems like it’s in the crosshairs of the [...]
A lightning quick session as Bob talked about Apple and put out a trade setup, he introduced Jill Malandrino, Ken Shreve and Bob Byrne to give their best spin on the Apple earnings.
When I analyze technicals and charts of stocks one of the main drivers is mean reversion. Simply put a moving average (mean) acts as a magnet towards price either up or down. Go to far to the upside and expect price to come down, likewise a steep drop. That was the case yesterday as the [...]
LISTEN and REACT to the Market Messages
If there are no ups and downs in your life, it means you’re dead (anonymous) ALWAYS ALWAYS ALWAYS pay attention to what the market is telling you. There are some out there who don’t believe this mantra but by being objective I can tell you that reacting to the evidence can certainly save you from [...]
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