Ed Ponsi is the managing director of Barchetta Capital Management, an NFA-registered commodity trading advisory, and is also the president of FXEducator. An experienced professional trader, Ponsi has advised a variety of hedge funds and institutional traders.Expand

Ponsi has appeared on CNBC more than 50 times and has been profiled in magazines such as "Technical Analysis of Stocks and Commodities" and "The Traders Journal." He is the author of Selling America Short: The New World Order vs. the American Middle Class, released in Novermber 2011; Forex Patterns and Probabilities, a top-selling book on currency trading that has been translated for release in China; and The Ed Ponsi Forex Playbook, which was endorsed by Steve Hanke, professor of applied economics at The Johns Hopkins University.Collapse

On the TLT, the price action trumps conventional wisdom.

Sirius XM Rocks On Real Money Pro($)

The satellite radio company's future doesn't revolve around Howard Stern.
| Jul 23, 2014
| 9:59 AM EDT
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There's a great entry point in Celgene at $84.

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The stock is down 5.1% year to date but concerns are overblown.
Wells has been rebounding from pullbacks, and it's having another one now.

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