Writer at The Technical Investor

Michael Gouvalaris is the author of The Trading Playbook: Two Rule Based Plans for Day Trading and Swing Trading. He is the author of the Technical Investor blog (formerly Mikes Trading Journal) which began in 2009 and has provided timely and accurate technical analysis of the markets and ... more


Market Update: Valuation Doesn’t Matter Until It Does
The Fed is in a dovish holding pattern, and investors are realizing that slowing growth doesn’t mean recession. What a difference a year makes.
Market Update: A Truly Mixed Bag…
The market continues to get tossed around by the uncertainties of trade, Brexit and global interest rates. Some data points flash warning signals (yield curve & manufacturing sector), while the consumer/services sector supports the expansion.
Thoughts On Recent Market Action…
The market is back in the headlines for all the wrong reasons. The S&P 500 broke below its February lows this week and the damage just got worse. But this storm will pass.
December 2018 Market Update
After an uninterrupted rise in 2017, 2018 is making up for the lack of volatility. The S&P 500 has now experienced two corrections of 10%+ and many are questioning whether the bull market is over.
Annual Returns Are Impossible To Predict
If you’re an investor, it’s best to stick with the fundamental data and take advantage of the opportunities the market gives you.
Let’s Stop With The Lack Of Participation Argument…
There’s not a day that goes by when I don’t hear someone talking about how this market is being led, or held up, by only a handful of stocks.


Latest Comments
Should Investors Be Cautious On Short Term Bonds?
3 years ago

Thanks for reading Alexa, I appreciate that.

In this article: UST
August Lows Could Be Revisited
4 years ago

Agreed. Good news is bad and bad news is good... It's really made the job more difficult.

Financial Markets Week In Review: September 14-18
4 years ago

Thanks for the kind words! Good points, It seems as if the Fed's new policy of additional transparency has only made uncertainty (and as a result, volatility) increase. Thanks for reading.

Tough Market...
4 years ago

True. Don't forget the inevitable rising Fed Funds Rate after 6 years at 0% as well.

In this article: DJI, SPX, TNX, AGG
Why Is There A Common Perception That The Stock Market Is Rigged?
4 years ago

Hi Terry. I was thinking more in terms of the macro picture but you make an excellent point. Individual stock manipulation or front-running is a problem. Thanks for reading.

In this article: SPY
1 to 5 of 5 comments


DIA SPDR Dow Jones Industrial Average
QQQ PowerShares QQQ Trust Series 1



Latest Posts

Work Experience

Investment Advisor Representative
James D. Maxon Financial Advisors LLC
2013 - Present (7 years 2 months)
Technical Analyst/Trader
Sole Proprietor
November 2007 - Present (12 years 5 months)
Series 63 and Series 65. Contributor for Investing.com Work has been featured by regular contributors to CNBC, Forbes, Business Insider and more... Some of my work: Technical analysis web site: mikestradingjournal.blogspot.com