Oracle Had A Fundamental Catalyst That Made It A Good Short

sspencerGeneral Comments, Steven Spencer (Steve's) Blogs, Trading Lesson, Trading TheoryLeave a Comment

ORCL reported disappointing earnings after the Close on June 17th. The next morning it traded lower before rallying back $2 with the market. I had two reasons why I thought it would roll over again the next day. One, I believed the large market rally the prior day was the primary driver of its bounce from 41 to 43. Two, after large … Read More

Adapting The Technical Perspective

mprincipatoMarc Principato, SMB ForexLeave a Comment

Many mainstream trading books about forex trading love to talk about the importance of combining a fundamental view and a technical view of the market.  That’s great if you are going to be interviewed on a popular financial media outlet.  Fundamentals make you sound smart, and smart is sexy.  The problem is fundamentals generally look at the market from a … Read More