Sam Collins

Sam Collins

Sam Collins is  InvestorPlace.com’s Chief Technical Analyst. He has more than four decades of experience in Wall Street firms.

In addition to providing fundamental and technical analysis for InvestorPlace.com, he provides FREE daily market commentary each trading day via the Daily Trader’s Alert. The Daily Trader’s Alert contains his Daily Market Outlook PLUS a Trade of the Day.

Sam served as a regular army captain serving in West Germany during the Berlin Wall Crisis before joining Merrill Lynch as a futures broker. Since then, he has been a financial adviser, branch manager, regional manager and certified portfolio manager with national and regional securities firms. While he retired in October 2009, during his career, he received recognition and numerous awards.

Sam used technical analysis as a timing and selection technique with portfolios that he managed. He developed a specific technical analysis technique and timing system called the Collins Bollinger Reversal (CBR) that has received national recognition, and he has appeared on local and national TV as a financial commentator.

As an equity specialist and technician, he uses technical analysis as a selection technique along with fundamental analysis. As a value buyer, his goal is to find companies with outstanding management, unique products and strong financials that have not yet been driven to unreasonable prices. His CBR system helps him to screen vast amounts of data for stocks that meet those standards.

Sam is also a member of the NASD Board of Arbitrators.

Recent Articles

Identifying a Head-and-Shoulders Chart Pattern

The head-and-shoulders chart pattern is very accurate, but many traders jump the gun by not waiting for all the criteria to be met. Don't be one of them.

Market Analysis – Investors Should be Back on the Defensive

Yesterday's triple-digit loss puts the indices very close to some major technical break points.

Top 6 Stocks for February

We may be in for a correction in February, but these stocks should do well even if the market pulls back.

Market Analysis – Should You Jump on the Rally Bandwagon?

I agree that the last hour of buying on Friday, especially buying in the blue chips, was quite impressive. But the reversal barely occurred, with the S&P 500 gaining just over 3 points.

Stock Picks – Barrick Gold Corp-ABX

A correction in Barrick Gold Corp. (<strong>ABX</strong>) gives us another opportunity to trade this premier gold miner.

Stock Picks – ProShares UltraShort MSCI Emerging Markets Fund-EEV

A trade in the ProShares UltraShort MSCI Emerging Markets Fund (<strong>EEV</strong>) could make you some quick profits, but you need to be aware of the risk.

Stock Picks – ProShares UltraShort Financials-SKF

Powerful high-volume buying is making the ProShares UltraShort Financials (<strong>SKF</strong>) look like a good day trade.

Stock Picks – S&P 500

Friday's action may have marked a near-term selling climax with a rally about to begin. But if it does, it does not signal the end of the correction.

Market Analysis – The One Place You Do Not Want Your Money

This is time to cull, not sell everything, but there is one sector you want to avoid at all costs right now.

Market Analysis – Don’t Buy the Nasdaq

Traders should wait to see if the Nasdaq can pick up some buying volume and close above the highs of the past two days before committing any reserves to it.