Ever since the “Flash crash” on May 6th, the markets have gyrated like a rubber band – no doubt fooling the “retail investor,” who typically buys high and sells low, ultimately chasing each and...
Read MorePortfolio managers couldn’t window dress up the results for the last quarter, they are hoping that with such a weak close the 3Q will be easier to beat expectations. Either way their are plenty of unhappy investors out...
Read MoreI often get questions about trading psychology. Is it an important aspect of the business? I typically get a number of different answers, its 80% mental and 20% skill. It’s 80% skill and 10% mental. I have to...
Read More“Do not trade every day of every year. Trade only when the market is clearly bullish or bearish. Trade in the direction of the general market. If it’s rising you should be long, if it’s falling you should be...
Read MoreThere have been many people who have tried to make a living from trading. Some have been successful, others have not. What is the different between the person who is able to accomplish their trading goals and one that is unable....
Read MoreU.S. equity markets were besieged by sellers today as concerns about the state of the global economic recovery and sovereign debt problems in Europe continue to weigh heavily on stocks. Making matters worse were bearish reports...
Read MoreAfter remaining in positive territory for much of Monday’s session, the Dow Jones Industrial Average weakened in the last 10 minutes of trading to close 5 points lower at 10,138.52. The Dow traded in a range between 10,101...
Read MoreGoing into the day today as a firm we had identified a few levels in the SPY where we were looking to get involved. The first level we had looked at was the 108.50 level, which had a few reason why it was...
Read MoreHome resale closings declined unexpectedly by 2.2% in May to a 5.66 million annualized pace. “While both sales measures had surged about 15% over the prior two months, contract signings data suggested further gains in May...
Read MoreDeutsche Bank (NYSE: DB) analyst Chris Whitmore has raised his price target on Apple (NASDAQ: AAPL) shares to $375.00, the highest on the Street. “Apple is beginning the strongest product cycle in the company’s...
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