Individuals are more likely to pay for an oil change than they are for personalized advice on their workplace retirement account. Don't believe it? According to a recent Charles Schwab survey, it's true. Although 87% of those surveyed stated that a 401k was a "crucial...
Back in July of 2002, Mullooly Asset Management was founded. At that time, Tom had spent sixteen years as a broker. Our first office was a small 250 square foot space above a store in Avon, New Jersey. As we near the thirteenth anniversary of our founding, we are...
During a previous video, Tim explained that on point and figure relative strength charts, we care less about patterns and more about column and signal. I recently took some time to describe what the column of a point and figure relative strength chart tells us. It's...
We've already explained how we calculate relative strength readings for securities and how we plot those readings onto point and figure charts. In this video, Tim explains how to interpret a point and figure relative strength chart. Unlike point and figure trend...
In this video, I explain how we take relative strength readings and plot them onto a point and figure chart. Point and figure charts are the method we use to organize these readings and interpret their meaning. For a review on how we calculate relative strength...
Relative strength is an integral part of our portfolio management strategy at Mullooly Asset Management. To put it plainly, relative strength allows us to compare investments. It's our way of sizing up stocks, bonds, mutual funds, ETFs, and even asset classes. We can...
Recently, Tim explained the bull trap pattern. In this video, I describe the opposite of that pattern: the bear trap. Steps of the Bear Trap Pattern - Must form (at least) a triple bottom - additional columns are permitted, but not fewer! - The security breaks below...
On this video, Tim explains a point and figure charting pattern known as the bull trap. Steps of the Bull Trap Pattern - Must form (at least) a triple top - additional columns are permitted, but not fewer! - The security breaks above its top by one box - cannot be...
Support lines tend to act like brick walls. We learned that from our friend and point and figure charting expert Tom Dorsey. This has proven to be true time and time again. On this video, Tom shows the bullish support line's power through an example. Brendan described...
What is a bearish resistance line? It's a very important element of any point and figure chart. Bullish support lines and bearish resistance lines help us to identify a security's trend. Knowing whether a potential investment is in a positive or negative trend can...
