Cryptocurrencies & Wyckoff Course

Todd Butterfield Blog 0 Comments

Over the last 12 months we have been offering a Cryptocurrencies & Wyckoff Online Course over at http://LearnCrypto.io This course is a shortened version of our Wyckoff Unleashed Stock Course and we would highly recommend it if you are in, or thinking of trading Cryptocurrencies. We also talk about Crypto’s Mon-Thurs 6:30 CST, and also give quick Technical Analysis Updates on most days as well.  We are trying to launch software with consolidated volume, as there …

Buy TLT at Mondays opening to cover our shorts as well as enter a long position.

Todd Butterfield Blog 0 Comments

The TLT chart is interesting for Monday. You can see by the blue arrows that the OP and Force have trended down in the last week but price has held firmly.  You can also see by the blue circle that the Technometer is now oversold. I would think these conditions would lead to a rally this week.  We want to cover our short position from $125.08 taken on 8/7/17 at the market, as well as …

Quick Thoughts…

Todd Butterfield Blog 0 Comments

We just wanted to update you on our current thinking on the stock market.  We feel this recovery rally off the lows is nearing completion.  We would look to protect any short term profits, and would be looking for short sell opportunities if you are so inclined to go short.  We will probably implement a short in the SPY ETF, and possibly a couple other individual issues very soon.     Good Trading, Todd Butterfield

Protect profits on short GE position.

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GE has continued to collapse following our overbought Technometer on 10/20/17.  We are going to lower our buy stop on GE to yesterdays high which is $20.72.  We feel that we are nearing a selling climax, so any sharp selloff the next couple days we would cover our short.  Otherwise use a buy stop at $20.72 in case it begins to rally from here. Our original short is from $28.91 on June 19th.  So we …

We are going to recommend taking profits on our long Lumber Liquidators position

Todd Butterfield Blog 0 Comments

Currently trading at $38.71 (9/12/17 10:15 am) Lumber Liquidators experienced its largest down volume in quite a few sessions yesterday.  We feel at best it will go into a trading range here.  You can also see that it is trading at its overbought line of the recent uptrend. We have reached the first upside objectives off of the point & figure chart, so we at a level where we could experience some hesitation.  There is …

We like the action in Twilio (TWLO, $28.31) for our Model Stock Portfolio.

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Twilio Inc. provides Cloud Communications Platforms. The Company enables developers to build, scale and operate real-time communications within software applications. Its Programmable Communications Cloud software enables developers to embed voice, messaging, video and authentication capabilities. The Super Network is the software layer which allows its customers’ software to communicate with connected devices globally. Twilio Inc. is based in SAN FRANCISCO, United States. Twilio announced lowered guidance May 2, as Uber, which was their largest customer, …

A look at the Van Eck Vectors Gold Miners ETF (GDX) we bought for our ProTraders ETF Model Portfolio

Todd Butterfield Blog 0 Comments

We wanted to go through one of our trades that we just recently did with the use of the Wyckoff Tools.  On May 24th, we had GDX in a short term correction of six days.  As this correction of a previous advance was in progress, you can see the Optimism-Pessimism Index was touching new lows while the price of GDX was holding on to its previous rally gains.  This is depicted with the blue arrows. …

A look at Las Vegas Sands (LVS)

Todd Butterfield Blog, Tutorials 0 Comments

We want to show an example on why the Optimism-Pessimism Index, which is a part of our “Pulse of the Market” charting software, is so important in calculating an accurate reading on volume.  Getting an end of day value on volume from most charting software, might not tell the whole story. But here at Wyckoff SMI, looking at the intra-day waves and breaking down the volume as such, gives you a much more accurate reading …

Stocks & Commodities: The Titans Of Technical Analysis

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Stocks & Commodities listed Richard Wyckoff as one of “The Titans Of Technical Analysis”. He shares this distinction with the likes of Charles Henry Dow, R.N. (Ralph Nelson) Elliott & Arthur A. Merrill.  The Richard Wyckoff method was reintroduced to the world via these pages in 1986 by the late Mr. Craig Schroeder. Click here to read article

Wyckoff’s Finest – Linda Bradford Raschke

Matthew Beasley Blog 4 Comments

Before the launch of the new WyckoffSMI.com in 2016 there was no central source for information on the Wyckoff Trading Method. Most of the information was spread around the web on different forums, blogs and educational sites. Due to this factor the team here at Wyckoff Stock Market Institute has made it our top priority to compile and present the greatest amount of information on accomplished traders and firms that are using the Wyckoff Trading …

Talking About Wyckoff…..

Matthew Beasley Blog 0 Comments

The journey to being an educated and successful trader is a lonely path suited for only the strongest of minds. It requires dedication, persistence and the ability to be steadfast in ones self confidence. It is very easy to find yourself hopping from one trading strategy to the next, all while being drawn in by the promise of high returns on glitzy advertisements and websites. Only very few traders have made a successful career out …