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


S&P 500 Earnings Update & Economic Data Review: Another EPS Increase
About 5% of the S&P 500 have already reported Q4 earnings so far. Off to a great start, with 96% of companies beating estimates.
S&P 500 Earnings Update & Economic Data Review
The forward earnings per share (EPS) for all S&P 500 companies combined increased last week from $159.02 to $167.58.
2020 Stock Market Review: Another Year Of Multiple Expansion
Another year of gains for stocks that was completely driven by multiple expansion (increase in valuation). We can’t count on this to continue.
S&P 500 Earnings Update And Weekly Review Of Economic Data
The forward earnings per share (EPS) for all S&P 500 companies combined declined last week from $161.17 to $159.01.
A Succinct Look At Risk Indicators
There are many moving parts in the financial markets, making predictions incredibly hard to do with any consistency.
Earnings Update, Retail Sales, & Leading Economic Indicators
The forward Earnings Per Share (EPS) for all S&P 500 companies combined increased last week from $160.66 to $161.17.


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

Thanks for reading Alexa, I appreciate that.

In this article: UST
August Lows Could Be Revisited
5 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
5 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...
5 years ago

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

In this article: DJI, SPX, AGG
Why Is There A Common Perception That The Stock Market Is Rigged?
5 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 (8 years 2 months)
Technical Analyst/Trader
Sole Proprietor
November 2007 - Present (13 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