James "Rev Shark" DePorre

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James "Rev Shark" DePorre is the author of Invest Like a Shark: How a Deaf Guy With No Job and Limited Capital Made a Fortune Investing in the Stock Market. He is founder and CEO of Shark Asset Management, an investment management firm, and he also operates sharkinvesting.com, an interactive online community that serves and educates active investors.Expand

DePorre holds business and law degrees from the University of Michigan, is a member of the Michigan Bar Association and a former attorney and CPA. He lives in Anna Maria Island, Fla., and Conover, N.C., with his wife and three children. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks.Collapse

By

James "Rev Shark" DePorre

 | Feb 4, 2016 | 4:19 PM EST

There were a lot of players muttering about randomness of the action.

By

James "Rev Shark" DePorre

 | Feb 4, 2016 | 12:50 PM EST

To navigate difficult markets, set aside your bias and embrace the opposing viewpoints.

By

James "Rev Shark" DePorre

 | Feb 4, 2016 | 10:48 AM EST

Another interesting change is the bounce in biotechnology.

By

James "Rev Shark" DePorre

 | Feb 4, 2016 | 7:51 AM EST
We have lived with machine driven action for a long time but the massive turn yesterday afternoon at 2 pm ET really took the cake. Usually there is...
By

James "Rev Shark" DePorre

 | Feb 4, 2016 | 7:16 AM EST

It's a good sign that some stocks have stopped falling like rocks.

By

James "Rev Shark" DePorre

 | Feb 3, 2016 | 4:24 PM EST

Markets are never totally logical, as today demonstrates.

By

James "Rev Shark" DePorre

 | Feb 3, 2016 | 1:02 PM EST

We will have some very sharp upward spikes as this action plays out, but the essence of downtrends and bear markets is failed bounces.

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James "Rev Shark" DePorre

 | Feb 3, 2016 | 10:31 AM EST

Respect the downtrend, and don't try to guess how long it will last -- but be ready when it turns.

By

James "Rev Shark" DePorre

 | Feb 3, 2016 | 7:29 AM EST

Investors are simply losing their faith in central bankers.

By

James "Rev Shark" DePorre

 | Feb 2, 2016 | 4:10 PM EST

Alphabet's earnings couldn't offset problems with oil and banks.

Judge Smails embarrassed me into writing it!

Some pretty obvious selling in the FATMAN names vs the Nasdaq futures post regular session...
You can see the time/price support on the daily chart of SPX below. It also shows you the ...

$185.80
Exhausted and a long weekend.
Column up shortly
Sold some IWM as well.

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