The Dog Days of Summer in the Market

The Dog Days of Summer in the Market Geoffrey A. Smith, DTI’s Chief Instructor Sirius, the Dog Star (constellation Canis Major), is seen ascending in the early morning hours with the sun during the summer months. This happens during the hottest part of summer here in...

The January Barometer

The January barometer is a principle based in tape reading that I consider each year to plan my approach to the markets.  The January barometer is the theory that the movement of the S&P 500 during the month of January sets the overall direction of the stock...

Using Futures as an Indicator

By now, most people who pay attention to the financial markets realize that what happens in Asia and Europe will affect our market here in the US.  How many times have we woken up in the morning to hear CNBC or Bloomberg telling us that the European markets are down...