Black Friday Freebee – Market Metrics

As this Thanksgiving holiday week comes to a close, I thought I would pass along the link for a cool little market internals indicator I crafted a few years back. Numerous market metrics are available in thinkorswim to help us gain some insight into what is driving price action. If you look at the public … Read more

How To: Scanning For The Squeeze

One question I am asked often is how to use the Stock Hacker in TOS to scan for the TTM Squeeze. Though there is a built in scan for the Squeeze, it is limited in both its capabilities and the time frame one can use it on. Fortunately, with a little clever thinkScript we can … Read more

Is This Indicator Signaling A Near Term Top?

I’ve watched the Cumulative TICK indicator for the better part of six years now. Recall that the Cumulative TICK indicator creates a running total of the average TICK reading throughout the day. It gives us a broad sense of the underlying buying or selling going on behind the price action. One of my favorite uses of this indicator is … Read more

Dogs, Risk Management, And Trading

Winter is all but over here in South Texas and so I’ve resumed my morning bike rides along our rural back country roads. My chosen route for the day usually depends on how far I’m going and the current dog activity. Two things are generally true about the dogs I come across on my rides: … Read more