The Slow Descent

There’s no denying that some periods of the year are quieter than others. Even the stock market, which enjoys an unrivaled selection of daily opportunities, shrivels to become a shadow of its normally magnificent self in mid-summer and again around the Christmas holidays.

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When Rules Are Not Rules

I wrote recently about the microbubble created around stocks like KRTX, and how irregular traders and would-be traders were being pulled into the market by the apparent ease with which money can be made. I speculated that a lot of money would be lost by those with little experience. This led to some questions from readers of this blog asking about what rules I would use to trade explosive stocks like KRTX.

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A Quickie Before…

…the US stops everything and gets down to celebrating thanksgiving. Not hailing from those parts myself, it’s not something I celebrate. Still, an excuse to not work for a day is always welcome. The markets are closed, so I’ll just have to go out and do something else instead. The sun is due to shine here for the first time in a while, so that’s a bonus. Anyway, here’s a quick trade from Wednesday:

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