What Is The Santa Claus Rally? Here is how Wikipedia defines a A Santa Claus rally, “It is a rise in stock prices in the month of December, generally seen over the final week of trading prior to the new year. The rally is generally attributed to anticipation of the January effect, an injection of…
LIKE THIS POST? JOIN OUR FREE NEWSLETTER I Love People: Let me begin by saying that I love people. People fascinate me. I love learning what makes them tick (pun intended). Why they make their decisions? What fears do they have? What hopes do they have? What is holding them back? Why do some excel…
I look at capital markets (stocks, bonds, currencies, and commodities) as the last economic frontier. For the purpose of this article, I’ll focus on Wall Street but the same concepts apply to other markets. It is the one place on earth where anyone can make (or loss) a fortune- regardless of their background, skill-set, formal…
Like this? Join Our Free Newsletter Here Bearish Technical Signs Mounting For The Yellow Metal: Todd has done a great job highlighting gold’s woes in recent weeks. Earlier this week, gold broke down below two important technical areas: inverse cup-with-handle pattern, and…
GDP Shrinks By 1%; SPX Hits A New Record High Before Thursday’s open, The Commerce Department said gross domestic product (GDP) slid by a -1% annualized rate in Q1 2014, missing estimates for a decline of -0.4%. Pending home sales rose by only 0.4%, missing estimates for a 1% gain. Meanwhile, the S&P 500 (SPX) hit…