We get asked -- often -- "how can you be so sure about these charts? Look at what the market did yesterday! Are you sure we're doing the right thing?" Now, one of our favorite movies is "My Cousin Vinny" And when we hear these questions, it sounds a lot like the...
? 1:25 - Peer to Peer lending 4:25 - Aggressive investing 7:17 - Why a technology based fund may not have performed well this year Here is the link to the transcript for this video
This week, we mark the seven-year anniversary of the fall of Lehman Brothers back in 2008. In the podcast, we quickly review how Bear Stearns and Lehman both collapsed from 2007 to 2008. We also remarked how leaders at several banks, brokerage firms, and other...
On the podcast, recorded Wednesday August 26, 2015, Tom, Tim and Casey had a discussion on basics: Stop orders, Limit orders and Market orders.
We have two quick updates on the S&P 500 and NASDAQ Composite indices today. Both are sending encouraging signals on their point and figure charts. They seem to be setting up for one of two potential patterns: the bullish catapult or the shakeout. Both the bullish...
In addition to flipping out about interest rates that have not even moved yet, the US dollar continues to strengthen. This is primarily because around the globe, folks are realizing the banks in Europe are essentially paralyzed. There are worries the “quantitative easing” program begun in Europe (only yesterday!) may not be enough.
Last week, it was announced Apple will be added to the Dow Jones Industrial Average on March 19th. Since the Dow Jones holds just 30 stocks, one has to go. AT&T is being dropped on that day.
Market Commentary March 5, 2015: NASDAQ closed above 5000. This last happened 15 years ago. Also, Yellen hopes to avoid upsetting markets when rates rise.
In early 2015, we see the Federal Reserve preparing to raise interest rates. Well, they are trying to prepare Wall Street for the "raising of the rates." Quick story: When the kids were very young, one of our lads in particular would repeatedly fly into an epic...
The Crude Oil chart over the past six months (since August 2014) has been in a free fall. The question now, is the crude oil chart merely glancing off the third floor awning (on the way to a splat on the sidewalk)? Or is crude oil forming a base that might become a new floor?
