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

The computer programs are set to sell increased hawkishness, but then quickly shift to "buy the dip" mode when there is a pullback.
After Fed news (such as it was), dip buying kicks in.
Algorithms note Fed's hawkishness.
So I'm staying focused on stock picking.
News events such as the Federal Open Market Committee interest rate decision have had little effect amid the market's suppressed volatility.
Don't expect Fed to liven things up tomorrow.
The stocks that work require patience -- and if you aren't patient, it is almost certain that you will be underinvested.
Though the trading range over the last five days has set a record for tranquility, action in semiconductors and biotech has shined.
Wednesday's announcement of the Fed's current interest rate posture and negative seasonality could produce a market stumble.
That's what we've got, and there's no sign of the uptrend ending.

Columnist Conversations

Now that AAPL has violated the shorter term support, these are the two areas I have to consider for new buy en...
The symmetry is holding up in MCD.  Target 1 is 163.34 if we continue to hold above here!  ...


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