Category: Frequently Asked Questions

Adjusted and Non-Adjusted Data

A common problem in data analysis is choosing what data to use when analyzing. For example, you would think that since the NYSE is a single exchange, the high, low, close data for each stock would be the same no matter who is the vendor of the data. Unfortunately this isn't always the case and in particular when it comes to stocks that issue dividends, this is very much not the case.

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Category: Frequently Asked Questions

Anchored Support and Resistance

Traditional technical analysis addresses the concepts of support and resistance as lines and points on a chart. This is very misleading and problematic. The stock market is not nearly that well behaved.

A secondary problem is that the only measure of one support or resistance line being better than another is conditioned on the idea of how many times the line is "tested". This also is problematic and not very useful. How many times have you see a support line violated and price head back the other way? In most cases, the technician just redraws the trend line to include the previously violated one. Unfortunately, the market doesn't give you your money back had you placed your stops just under that trend line.

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Category: Frequently Asked Questions

CAN SLIM

The CAN SLIM approach seeks companies with a proven record of quarterly and annual earnings and sales growth showing strong relative price strength and support from leading institutions. O’Neil does not mind paying rich premiums for stocks with good prospects. He feels that most strategies seeking stocks with low price-earnings are flawed because they ignore the price trend determining the price-earnings ratio, as well as the quality of the underlying earnings within the ratio. O’Neil believes that stocks generally sell for what they are worth and most stocks with low price-earnings ratios are probably priced correctly by the market. O’Neil also asserts that it is important to follow the market closely and try to lighten up your stock exposure when going into a bear market.

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Category: Frequently Asked Questions

Chrome Pop-Up Blocker - How to enable for TA Today

Chrome, be default evidently, blocks pop-ups from all sites - including TA Today. TA Today pops up multiple charts when requested and other windows to show link content rather than replacing your current window content. Because TA Today is free of annoying advertisement there's no need to block our pop-ups. Here's how to enable TA Today while still blocking other sites.

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Category: Frequently Asked Questions

Cyclical Behavior of the Markets

Markets are cyclical in nature and, to some degree, they follow the same sort of buy/sell patterns across the four business maekt cycles. Here is view of those business cycles and how the various sectors perform during those cycles. Here is a graphical view of those cycles.

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Category: Frequently Asked Questions

Dark Pools

Dark pools refer to transactions that take place outside of the exchanges. The question that is often asked is that if dark pools exist, what is the impact to neoclassical though. Does it invalidate it? Does it lessen the value?

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  • Written by LA Little

Category: Frequently Asked Questions

Dipster

Dipster refers to those traders who ride momentum. Once a short term trend develops, dipsters become incessant buyers who, on every dip in the market, load back up and put there stops under the last swing point expecting the trend to continue.

There are dipsters operating on different time frames - intraday, a few days, and a few weeks. The relative size and influence they excert on the market can be argued but their presence is not.

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Category: Frequently Asked Questions

Exchange/Index and Stock Symbols

TA Today tracks a number stocks and ETFs on a number of exchanges/indexes both domestically and around the world. For your convenience they are listed below.

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Category: Frequently Asked Questions

How to Add Symbols to our Database

TA Today tracks well over 6000 listed issues, primarily listed on U.S. exchanges but also from exchanges around the world. You have the ability to add your favorite symbols in and have us automatically pick them up, add them to our database and perform neoclassical analysis on them.

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Category: Frequently Asked Questions

How to Create an Account

Read more: How to Create an Account

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Category: Frequently Asked Questions

How to get started with TA Today

Since TA Today has not chosen the worn path, many time newcomers are turned off by what they find in front of them. If you are interested in a logical, complete, simply yet expansive methodology, then welcome to TA Today where L.A. Little's ground breaking methods offers just that. So, how do you get started?

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Category: Frequently Asked Questions

Linking to TA Today Charts and Trading Cube

TA Today is happy to share our neoclassical chart and trading cube tools with other bloggers, writers, or anyone for that matter on a limited per day usage basis. If you are writing an article and would like to link to our site it is very simple.

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Category: Frequently Asked Questions

MTTF and its Applicability to Qualified Trends

In his book, Trend Trading Set-Ups (published by John Wiley & Sons), L.A. includes quite a bit of discussion on mean-time-to-failure (MTTF), an engineering concept, that has application to trends. MTTF and how it can be used as a useful guide in measure the probability of trend continuance.

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Category: Frequently Asked Questions

Neoclassical Technical Analysis

In his ground breaking book, Trend Qualification and Trading, L.A. Little forever put his stamp on technical analysis moving the field forth into the the neoclassical world. Trend qualification has, at its core, the idea that not all trends are created equally. Some are simply better than others.

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Category: Frequently Asked Questions

Qualified Investor

A qualified investor is defined as (per SEC)

  1. a bank, insurance company, registered investment company, business development company, or small business investment company;
  2. an employee benefit plan, within the meaning of the Employee Retirement Income Security Act, if a bank, insurance company, or registered investment adviser makes the investment decisions, or if the plan has total assets in excess of $5 million;
  3. a charitable organization, corporation, or partnership with assets exceeding $5 million;
  4. a director, executive officer, or general partner of the company selling the securities;
  5. a business in which all the equity owners are accredited investors;
  6. a natural person who has individual net worth, or joint net worth with the person’s spouse, that exceeds $1 million at the time of the purchase, excluding the value of the primary residence of such person;
  7. a natural person with income exceeding $200,000 in each of the two most recent years or joint income with a spouse exceeding $300,000 for those years and a reasonable expectation of the same income level in the current year; or
  8. a trust with assets in excess of $5 million, not formed to acquire the securities offered, whose purchases a sophisticated person makes.

Note that TA Today does not determine nor has the ability to verify whether an investor is qualified or not; the onus is upon the potential investor to state the case. TA Today, when considering an investor as a potential client for TA Today's management services, must have the investor indicate that they are indeed a qualified investor in order for TA Today to legally manage money for them. This is done as part of the contract between TA Today and you.

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