Posted by Jeff Tie on Apr 9th, 2007
| Date |
Time (ET) |
Statistic |
For |
Market Expects |
Prior |
| Apr 11 |
10:30 AM |
Crude Inventories |
04/06 |
NA |
4307K |
| Apr 11 |
2:00 PM |
FOMC Minutes |
Mar 21 |
- |
- |
| Apr 11 |
2:00 PM |
Treasury Budget |
Mar |
-$90.0B |
-$85.3B |
| Apr 12 |
8:30 AM |
Export Prices ex-ag. |
Mar |
NA |
0.6% |
| Apr 12 |
8:30 AM |
Import Prices ex-oil |
Mar |
NA |
-0.1% |
| Apr 12 |
8:30 AM |
Initial Claims |
04/07 |
320K |
321K |
| Apr 13 |
8:30 AM |
Trade Balance |
Feb |
-$60.5B |
-$59.1B |
| Apr 13 |
8:30 AM |
PPI |
Mar |
0.7% |
1.3% |
| Apr 13 |
8:30 AM |
Core PPI |
Mar |
0.2% |
0.4% |
| Apr 13 |
10:00 AM |
Michigan Sentiment-Prel. |
Apr |
87.5 |
88.4 |
Posted by Jeff Tie on Apr 2nd, 2007
Posted by Jeff Tie on Apr 1st, 2007
In the newspapers, there are many advertisements that make trading apear to be simple. These advertisements unfortunately promote unrealistic expectations in the minds of new traders.
Everyone should have realistic expectations when they start out in any endeavour. Continue Reading »
Posted by Jeff Tie on Mar 27th, 2007
I was invited to a 2 day teaching seminar held in Jakarta. The new Shinkendo study group has 7 members and is is headed by Chris Kinetik, who is a skilled Aikido practitioner.
The seminar went well, with the 2 day seminar covering material that is normally taught over two months! I remember how it was like for me when I first started, with so many new terms, concepts and techniques. The Indonesian group is very enthusiastic, and they have asked me to visit them again in July. If they practice well, they may even qualify for Shinkendo’s first ranking.
Posted by Jeff Tie on Mar 15th, 2007
George Carlin on age.
(Absolutely Brilliant)
IF YOU DON’T READ THIS TO THE VERY END, YOU HAVE LOST A DAY IN YOUR
LIFE. AND WHEN YOU HAVE FINISHED, DO AS I AM DOING AND SEND IT ON. Continue Reading »
Posted by Jeff Tie on Mar 13th, 2007
Stuart McPhee, private trader, author and trading coach,
explains how traders can prepare their minds for top performance
through physical exercise. I therefore suggest Shinkendo…
Continue Reading »
Posted by Jeff Tie on Mar 11th, 2007
This morning’s New Paper on Sunday featured how a new trader allowed the siren song of his initial success to lull him into the treacherous rocks of financial ruin. He turned his initial 80,000 profit into a loss in excess of 700,000. The market gives, and the market takes it all away it you allow it to happen, and human nature will always see this story repeating itself. Sad, but true
Posted by Jeff Tie on Feb 28th, 2007
Based on the 12M chart of the Dow Jones Index, the market flirted with the Maximun Extension but has failed to close above it. The 416 point drop seen on 27 Feb is in line with the view that the market is at Range top.
Posted by Jeff Tie on Feb 22nd, 2007
This is a very interesting article on human emotion. I sourced this from Elliot Wave International. Continue Reading »
Posted by Jeff Tie on Feb 21st, 2007
12M is in upswing within 12M range; 13W is also in upswing within 13W range; 18D is in upswing, but has triggered a BarroMetrics Change in trend signal, supported by Demark exhaustion.