Tom has already shown us what a point and figure buy signal is. Now we must learn its counterpart: the point and figure sell signal. Point and figure charting is simple, after every column of X's you'll find a column of O's. Sometimes those columns of O's create sell...
In the last video, Tom showed us the daily process of updating a point and figure chart. Another main component of point and figure charting is the buy signal. Tom shows exactly what a point and figure buy signal is in this video. In point and figure, when a current...
In our last video, Tom discussed the origins of point and figure charting. Remember that point and figure charting was simply known as "figuring" when Charles Dow invented it in the 1890's. He sought a logical, organized method to track stock price movement, or supply...
At Mullooly Asset Management, we use point and figure charts on a daily basis to manage money. Where did this methodology come from? That's an excellent question, and during the short video above Tom gives the answer. Point and figure charting is a form of technical...
We often get asked about putting money away for a child's college education. Most people assume that they must use a 529 plan to accomplish this goal. While 529 plans are sometimes great college planning tools, other times they are less than ideal. Many 529 plans come...
As 2014 comes to an end, we share some timely tips for those who intend to make financial New Year's resolutions. Tom has some words of wisdom that you should keep in mind: Don't play the stock market with the rent! He elaborates on the meaning of this in our weekly...
Here at Mullooly Asset Management, we're a fee-only investment advisory firm. That means we work exclusively for our clients, we don't receive commissions to sell anything. We believe in complete transparency and want our clients to feel comfortable with the...
On this week's Mullooly Asset Management video, I cover a basic financial planning topic related to credit. In the midst of the holiday season, all of us at Mullooly Asset thought it would be timely to discuss zero percent financing deals. A lot of big-ticket items...
In this week's Mullooly Asset Management video, Tom talks about Master Limited Partnerships. These investments trade like stocks on an exchange and pay out distributions to their shareholders. The current low interest rate environment has attracted many yield...
A question that frequently comes up in our client financial planning sessions is, "How much life insurance will I need?". On this week's Mullooly Asset Management video, Tim shares the six main questions people who want life insurance need to answer. It's important to...
