In this wild market, there is no way to know for sure, but the technicals are clearly showing some coiling action in SPY (higher lows and lower highs). With this narrowing range, there is also a tightening of the bollinger bands (not shown on chart below) and a seasonal
Read more →Let’s keep this simple.. Just because the market has shown some decent strength on good economic news, does not mean all is good in the world. Europe is a mess.. period. Their efforts to calm global markets this week has been somewhat successful, but the problems persists.
Read more →
The obvious translation when referencing the charts below is that the rich are becoming dis-proportionally richer on tax breaks, higher wages, and self-appreciating bonuses. I agree with all of those points and it would be hard not to (read this article… PLEASE) . The super rich DO get tax breaks,
Read more →I know a lot of you are losing money in this market – Do not lose faith. Stay focused and try to remove emotion from trading. If you’re losing money – stop trading. Paper trade. Watch. Learn. Read. If you must continue in your pursuit, trade smaller
Read more →
Gasland Movie
I plan on watching this movie soon because of the all the controversy surounding fracking lately. We’ll have to see how this mess plays out. Simple fact – we have a ton of natural gas under our feet which means someone wants very badly to make
Read more →