Davos 2010: Peter Munk, Barrick Gold Chairman& Founder Shares Outlook on Gold
Peter Munk, chairman and founder of Barrick Gold, shares his outlook on the commodity.
Peter Munk, chairman and founder of Barrick Gold, shares his outlook on the commodity.
Chart Your Trade: As many of you already know, since early 2013, I have been working very closely with ChartYourTrade.com and it’s Founder Michael Lamothe. Michael had been instrumental in delivering outstanding educational content all designed to help you gain a better understanding of markets, identify advanced trading/investing ideas, focus on risk management, understand psychological analysis and…
Dear Clients, Friends & Readers: In the recent past, we have received quite a bit of inquiries about creating actionable educational content for you to use to enjoy better results in the market. To better serve you, we would like you to tell us: 1. What struggles are facing in the market? 2. What are…
Immediate Gratification: Profits are a function of time. By definition any trade that is exited with a profit requires a certain element of time. The problem is that most people have a natural tendency to seek immediate gratification at the expense of long term gratification. That is why most people lose money on Wall Street….
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…
Earlier today, we found out that the initial reading of Q2 GDP came in at 4%. Does this really matter? Not really, because Q1 GDP was revised so many times that the initial reading and each subsequent reading is nothing more than just another blip on the radar. Q1 GDP was revised again today to…
Don’t Fight The Tape: This is a VERY strong bull market and I’m reminded of the old adage: Don’t fight the tape. Eventually, this market will pullback- the only question is when, not if. That said, be very careful (don’t) chase stocks up here- AFTER a big run. Melt Up: One glance of the following hourly…