This week’s Trading Lesson Few Make Money; Most Lose: People frequently ask me, “How much money can you make trading stocks?” I understand why people ask the question but it is a question that does not have one easy answer because there are so many variables. It is like asking, “How much money can you…
STOCK MARKET COMMENTARY: FRIDAY, JUNE 14, 2013 For the second straight week the bulls defend three important areas of support for the major averages: 50 DMA line, 6-month upward trendline, & April’s high. So far, every pullback this year continues to be very shallow in both size (% decline) and scope (relatively short) which bodes…
This Week’s Trading Lesson “Anything worth doing is worth doing for money.” – Gordon Gecko, Wall Street Does Money Motivate? Depends on The Task It is generally accepted that money is a motivator; if you link pay to performance, performance will improve. For that reason, many people’s salaries vary with their performance. This is most…
Maintain a High Trading Standard 06.03.13 There are approximately 15,000 actively traded stocks on the major North American stock markets. That gives investors looking for a stock to trade a lot of choices. Good traders respond to these varied alternatives by being selective and taking the best of the best. Struggling traders end up taking…
STOCK MARKET COMMENTARY: Friday, June 07, 2013 The benchmark S&P 500 (SPX) experienced another shallow pullback in both size (-5.3%) and scope (only 2 weeks) as the bulls defended three important areas of support (50 DMA line, 6-month upward trendline, & April’s high) last week. So far, every pullback this year continues to be very…
Stock Market Commentary: Friday, May 31, 2013 The major averages enjoyed their first monthly gain in May since 2009 and their first Jan-May winning streak since the 90’s as the Fed continues flood the system with liquidity. Stocks negatively reversed on Wednesday, May 22, 2013 after the Fed hinted that they may begin tapering as…
By Ryan Vlastelica NEW YORK | Wed May 29, 2013 8:50am EDT (Reuters) – Stock index futures pointed to a lower open on Wednesday, indicating a drop from record highs at the open as investors continued to question the longevity of the Federal Reserve’s stimulus program. Supportive monetary policies from central banks around the world have lifted equity markets…
STOCK MARKET COMMENTARY: FRIDAY, MAY 24, 2013 Stocks negatively reversed on Wednesday after the Fed hinted that they may begin tapering as soon as next month. From our point of view, this marked a significant inflection point in the market as the narrative has shifted. So far, every pullback this year has been very shallow in both…
Market carnage underlines dangers of overcrowding May 23, 2013, 1:18 p.m. EDT By William L. Watts, MarketWatch NEW YORK (MarketWatch) — Japan’s stock market plunge, a sharp rebound by the yen, and even the temporary whack taken by major U.S. indexes on Thursday all help demonstrate what happens when trades get too crowded. “Whenever one…
By Barani Krishnan NEW YORK | Fri May 17, 2013 6:55pm EDT (Reuters) – Hedge funds and other big speculators in commodities have started selling gold in a big way, trade data showed on Friday, just a month after they had supported the precious metal amid a record tumble in its price. Money managers, including hedge funds,…