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

Daily Market Outlook – ‘Good Overbought’ or ‘Bad Overbought’?

The indices are now about 20% above their 200-day moving averages, but does that mean that momentum will carry prices higher, or that it's too much too soon?

Trade of the Day: Diamond Offshore Drilling Looks Like a Winner

<strong>DO's</strong> chart is very bullish, and the current round of profit-taking is giving us an excellent opportunity to buy.

What to Buy in This Market

We should be cautious about adding new positions in U.S. stocks; however, there are a few ETF groups that look good now.

Big Profits Ahead

We could see a pullback that may last for several days, but be ready for an explosive breakout that would give us a chance to cash in on some very fat profits.

Rally Should Continue Despite Overbought Market

Even with the internal indicators now overbought, momentum favors more buying.