Posts by markdcook

“Stock Market Wizard” Trading Seminar

MARK D. COOK “STOCK MARKET WIZARD” INVITATION TO THE AUGUST 4 DAY SEMINAR AUGUST 12, 13, 14 AND 15     It is my extreme pleasure to invite you to our August trading seminar. We limit the availability to 10people and we are sending this invitation in hopes that you will become one of those who take advantage of being one of those first 10 to respond positively. We offer the seminar at my trading facility. It is a four day seminar that will be held August 12, 13, 14 , and 15, 2013.   We will cover a business trading plan construction and will provide completed examples of
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14 Straight Days of Higher Lows for S&P 500

Each and every day the bonds have provided the source of fuel for the stock market. It has become blatant but nobody is ever investigated. This morning we saw a sizable rally before the NYSE opened and then the monies were pulled from the bonds to provide the fuel to push the S&Ps up 10 full points. The major difference on Monday was that  the bonds sacrificed themselves but not for the stock benefit. Bernanke may be changing his computer programs. The S&P 500 gains made above 1630 could be erased in one to two days as this market is having difficulties
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Up Up and Away

Keeping diaries have been healthy for not only information but for psychological balance. A market that has become this overextended has to be compared to other similar situations. I referred back to late 1999 into the 1st quarter of 2000. What will happen is a correction will materialize that will surprise all but a handful of old traders. I wrote a special advisory later in the week talking about some of these special events, but also notes that I have depicting my mental states in these types of extreme environments. The many years I have traded has taught me several things
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“Transparency”

The overall picture now enters what should be a different environment. The period typically between now and Memorial Day has selling pressure. We have not seen a down month in over 6 months and since the bonds finally had a 2 point correction on Friday the 3rd, which took 8 months to accomplish, I think the stocks should not be far behind. My complacency indicators I follow are reading the most bearish signs in years. The bonds reached our profit objective which demonstrates that patience and persistence will finally be rewarded especially in an overbought market place. After looking at the
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Beware of a Correction!

Last Monday, the bonds were unable to push through to higher highs even with the manipulators holding prices. The afternoon saw a slow erosion that put the prices back to overnight lows. Are the bonds running out of buying power? The federal reserve has that answer. In the S&P 500, the previous highs were 1593 and today we fell just shy of that. There has been an incredible amount of manipulation for the stocks. Perhaps this is the most manipulated month I have ever seen in my career. There has still not been a 5 % correction but should see a
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Computer Hackers Are King of the Market

Each day I analyze the tick to judge the true internals of the market. Comparably the recent movement in the S&P has not had much significant tick. Monday had the majority of the trading day in the plus tick column with many instances above plus 500 tick. This means that much energy was expended to recover from the pullback this morning. The market had manipulation Tuesday but in a very different form than usual. We have finally found something more powerful than Bernanke, that would be a hacker. What a ride the market had. With much volatility and a huge one
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Waiting for Change

The first trading day of the week showed that weakness was prevalent. We did not breached the sell point on the short term trade and instead saw a constant erosion throughout the day–a sign of extreme heaviness. A real dose of reality set in the stock prices. There is no question that the manipulators were in pushing prices up Tuesday. The resulting rally pushed prices back above where we were before the Boston bombing incident. This took an incredible amount of money to manufacture this rally but nonetheless it occurred. It appears that the bonds were also being held during the day
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S&P Shooting for 1600?

Keep the primary focus on the lack of volatility and lack of volume Monday. The S&P eroded in the morning but had a savior this afternoon that actually took out the overnight highs. However the lack of volatility once again was a place of concern. This is also creating an environment whereby the tick does not register high numbers. This should change drastically before week’s end especially if any news is introduced. The bonds lost their upside energy as they were unable to challenge the overnight highs. The bonds have once again did a rotation whereby they are not correspondingly declining
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A Complacent Market Sets In

Ordinarily the first day of a new quarter has in influx of monies to purchase equities. The trading week’s opening witnessed the highs and then a slow decline on light volume. Ordinarily the volume is higher and many high plus ticks are registered. This is a classic example of no follow through from the all time highs made last week. I do believe that a slow evolution is occurring in the atmosphere of the stock market. It should be evident by week’s end if the buying that propelled stocks to all time highs in the first quarter of 2013 will
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1st Quarter: Complete

The past week contained the final trading days for the first quarter of 2013. There are always cross currents associated with the end of the month and particularly the end of the quarter. This demonstrated that when the S&Ps had their low Tuesday, in overnight, lost their legs. We did not have any plus 1000 ticks yesterday denoting lack of institutional participation. The disparities continue to abound. The bonds are up nearly a full point Wednesday and the S&P was unchanged. This can only happen with manipulation. The early morning saw what happens when the computers are not turned on
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