Achieving large trading profits is now more attainable than ever for independent investors willing to invest the time and resources to succeed. The financial industry underwent a fundamental transformation during the information technology revolution in the mid-1990s that delivered the ability for individuals to eliminate the high costs associated with professional investment advisers in order […]
Bulls are Still in Control- Yellow Flags Raised
As of the close Tuesday, the bulls remained in control, but there are reasons to pay attention this week with an open mind: Bond yields are falling, which leans risk-off. The ratio of stocks vs. the VIX is facing overhead resistance. The ratio of stocks vs. bonds has stalled. The European economy remains vulnerable. Bond […]
Don’t Trade Forex Looking in the Rearview Mirror
The foreign exchange (forex) market has a huge trading volume giving it high liquidity and making it the largest asset class in the world. Unlike individual exchanges like the London or New York stock exchange it is geographically diverse and operates continuously 24 hours a day (except on weekends). It also encompasses a variety of factors that affect exchange rates. It […]
Solitaire is Not Stock Picking But…
I believe every squandered minute is a piece of my life I will never get back. But a couple months ago, I saw my wife playing a game on her phone and remembered that my phone has games on it too… and sometimes one is just too tired or jet-lagged to do good work. So I […]
Prechter: “This is Not a Picture of a Bull Market”
The three-and-a-half-year rally has occurred on declining volume By Elliott Wave International What a comeback for the Dow Industrials! From a March 9, 2009, close of 6,547, the senior index climbed to 13,610 on Oct. 5, 2012. Moreover, the Dow achieved this feat in the face of a weak-kneed economy, and it has grinded forward […]
Investing for Beginners
Beginning investors are a nervous bunch. Their frustrated naivete can be amusing as well as heartbreaking. As a finance professional, it’s my responsibility to walk these folks through the emotional minefield of investing. Along the way, I often need to play the role of pop psychologist and assuage their doubts and fears. While investing beginners […]
Bears in Control Until Charts Improve
In this article from Chris Ciovacco, the Chief Investment Officer for Ciovacco Capital Management, LLC we take a look at where the market is and where it is going. ~Tim McMahon, editor Bears in Control Until Charts Improve From a fundamental perspective, the markets have much to worry about with excessive debt in the United States […]