Thursday, May 17, 2012

General Market Banter

Daytraders of the Dead

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What happens when you combine day trading zombies, explosions, and automatic weapons?  You get Daytraders of the Dead. This game is part Smash TV, part Dead Rising and all awesome.  The concept is very simple – zombies come and you shoot them. More zombies come, and you shoot them too, and so on.  There is [...]

How To Trade Like a Gamer

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I was born in the year of Pac-Man.  As a matter of fact, I think it’s no coincidence that it debuted a week after my birth.  They knew I was coming.  And as far back as I can remember remembering, a large portion of my life has been dedicated to gaming.  In those 30 years of gaming [...]

Moving Average Crossovers and Alignment on the SPY

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In a previous post I talked about the alignment of moving averages on the SPY.  I color-coded the moving averages according the colors of the rainbow for visual clarity and order. MA (5) = Red MA (10) = Orange MA (14) = Yellow MA (20) = Green MA (50) = Blue MA (100) = Indigo [...]

A Shooting Star on SPY

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As normal trading hours wound down today, I mentioned on Twitter via Stocktwits, that the current candle formation on the SPY daily chart is an ominous sign for the bulls. The Shooting Star The shooting star is one of the more basic candlestick formations. It is the final candlestick in the chart above. What characterizes [...]

Out Of Focus

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Today was just one of those days.  No matter how hard I tried I could not focus on my day trading.  I didn’t get my system up until after 10, and didn’t have the time to scan the news for anything new for my watch list, or get a feel for the markets. I then [...]

Rainbow Moving Averages

As my hometown wrapped up Gay Pride Week with a delightfully flamboyant parade, I wondered how I might use the powerful symbol, the rainbow, to represent the goings on within the stock market. I mostly use the SPY as my general market indicator, so I pulled up a daily chart and employed some tricky technical [...]

The Stock Market’s Failure is a Day Trader’s Gain

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When they talk about “making money whether the stock market is going up or down,” this is the type of down day they’re talking about. I guess it’s unfortunate that this signals some weakness in the stock market (at least short-term), but we might as well profit off of the stock market’s failure. When my [...]