HCPG Blog

Today was the day the bears should have pushed the market down through support: they had the gap-down weight and momentum right at the open...

Hat Tip to The Daily Beast Ex- Merrill Lynch’s CEO John Thain's re-decorating expenses 1) $2,700 for six wall sconces. 2) $5,000 for a...

We've been reading ClusterStock these past few weeks and like what we see in terms of news and editorials. We find ourselves to be in...

Wouldn't it be great to have more men like Buffett and fewer men like Ken Lewis, Dick Fuld, John Thain (feel free to substitute investm...

Financials broke through their November lows yesterday. Note the divergence with the S&P 500 which is still significantly above last y...

In previous posts we wrote about different support levels, 89,85 and 82. The first two minor levels gave out easily while 82 major support t...

Unless there is some fantastic news that temporarily diverts the attention of traders from the world's ills, be it catching Osama (remem...

Market is at a critical juncture and bulls have to step up to the plate tomorrow morning to hold SPY support at 89 which is daily support, u...

Two equally compelling set-ups, one in a leveraged ETF, one in a stock, we will always choose the leveraged ETF (our favorites being DI...

The market went from SPY 155 to SPY 80 in two years (2000-2002). Then it took five years (2002-2007) for it to simply recoup the losses a...

Last week the market tested the lower range of support, bounced hard, went straight through short-term resistance we had shown the week befo...

Yet another day in which the range was inside the last higher-volume/broader-range day, which was Monday, December 22. We would be hap...

Check out the post for Dinosaur Trader's best of 2008 . Good stuff.

Believe it or not, even after all the recent volatility, we've been in the same trading range for the last two weeks. Over 90 and it w...

Trading range now is 90 resistance and 75 support on the SPY. Previous support was 82, which again, was hit today. Market above 82 and ...

We're thinking of firing up our blog once again but this time we'd like to make it a more community effort; we're o...

Grasp the following, and you will comprehend the base and break, which is the primary system in which we make our living. 1) A great dai...

Grab a beer, sit back, and listen to the interview with Upside Trader. And one more time: subscriber, female, with initials A.P. who us...

The market was weak today but we had two good runs: VLO from the watch-list, and DRYS from the trading-list. FSLR, unfortunately, gap...

Too soon to tell whether tech is back or not but definitely something to be on the watch for, especially after AAPL earnings this week. We l...

The following interview is by a fellow trader who has a style very similar to our own: Worth listening to: Impatient Trader Interview

Some of the best rallies come in bear markets. They're short and they rip the throats out of the bears, especially the weak ones with ...

Say what you want about the man, but this is an entertaining interview, and he comes across as funny and honest. He seems to be missing t...

One of our very own, a "plain vanilla" futures trader (except of the French variety) causes a 7 Billion loss, and very possibly ...

We got our break of 42 support on the Q's and the subsequent bounce, all on excellent volume. If we can get this swine of a market t...

QQQQ has support on 42 -- which is being touched as we write this post. A failure at this level and then a reversal above on excellent vo...