Ask Trader Ed is an exclusive trader's advice column that is authored by Trader Ed, the ambassador for TraderPlanet.com. Adopting a fun, light-hearted and sometimes serious approach to providing advice to traders, Trader Ed's purpose is to help individuals become better traders.
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I just closed out a trade for a nice win, so why do I feel grouchy? The market is up with energy, there's no bad news out there to spoil my day, and, yet, I feel the need to go after another well respected doom and gloom screamer. I know, I know I...
In my cranky place the other day, I targeted Google Glass, "Sure, as a game, it might be fun, but as an everyday device? Can we be serious with our innovative abilities? Does everything have to be about selling the next fad? What the heck is the point in...
Some mornings, it is hard to get going. I didn't sleep much or well last night. I got home late and had too much coffee to keep me awake while driving the fourteen hours from Utah. So, forgive me if all I saw in my morning read is Goggle, Google, and...
It's early, early in the morning, way before the market opens. As I ponder the day, me thinks the market will take a breather today. The headlines are blaring about the rise in jobless claims, the drop in housing starts, and how Walmart's profits missed...
The worst news of the day so far is the further economic contraction in Europe. The two powerhouses of France and German both saw a slide backwards with France actually dipping below the negative line. This is not good news, nor is it unexpected. The...
This is one of those days, ya know, I've written about them before ... so much to say and so little space to say it. Let me sum up by saying, it appears the wild-eyed wanderers need to seek help. Their last icon of economic and market destruction is...
I like history. One can look back, see what happened, and then see how it all turned out. One can also look back and see how those at the time thought things would turn out. Although, this exercise is fun, I am careful not to "overplay" the details, in...
The market is adjusting and settling in. It seems to like the view from way up there, and why not. It has been a while since the market could rest somewhat peacefully, but keep one eye open ... The world is changing, and changing fast. Just five years...
The market appears to be resting today. Who can blame it for taking a breather. After all, the last seven months have been a grueling uphill climb and it has taken a drubbing from the breathless media for making the climb. And now that the market is at...
Way back in the last decade, the world fell apart, financially and economically. The unraveling brought many countries to the brink of financial ruin and, for many folks, that was exactly the case. The reasons for the "Great Collapse" are many, some...
And the beat goes on ... The market keeps climbing higher and the breathless media keeps asking "Based on what?" Optimism ... hope ... greed ... are reasons given for the market's continuing rise into unexplored territory, but none of those three...
Friday provided quite the finish to a week that began the month of May in the market. If Friday is any sign, it suggests that the money will not go in away in May. How about that 1614 count for the S&P 500? Okay, the Dow crossing over into the...
Some days I sit here with so much going through my head, it is difficult to focus my thoughts about the market. For example, as I write this, the S&P 500 has strongly crossed the 1600 line and the Dow is sitting above 15,000 and I think, "What do I...
Is anyone shocked that the market opened strongly in the green today? All it took was the expected news that the ECB will cut rates, or, maybe, the weekly unemployment applications report jump-started the market. The number of Americans seeking...
Is it just me or is there a pattern happening with the market? One day, the bulls make good on their bid and then, the next morning, the bears take that bid away. The next day, the bears drive down the bid and the following morning, the bulls pick it...