Individual investors and investment advisors alike can benefit from keeping a portfolio journal. Having a handwritten record of past thoughts can be invaluable to our decision-making process in the future. Making financial decisions isn't easy, and neither is giving...
At Mullooly Asset Management, we have two main ways that we measure relative strength. As our friends at Dorsey Wright and Associates have shown us, it's integral to consider a security's peer and market relative strength when determining its place in a momentum...
Co-founder of StockTwits, Howard Lindzon, recently wrote a post that really hit home for me. He talked about focusing on probabilities and its importance to investors: "I don’t believe in financial coincidences…there is only ‘inside information’ for the few and...
The NFL season is about to get underway. I know I'm anxiously anticipating next Thursday's showdown between the Patriots and Steelers. Can you imagine either of these teams not planning for this matchup? We all know Bill Belichick will have something up his sleeve,...
We've gained an outstanding education on relative strength investing from our friends at Dorsey Wright and Associates. Between their Point and Figure Institutes and daily research, they've taught us an incredible amount about the markets. One of the biggest tools they...
In a previous video, I explained what the column of a point and figure relative strength chart tells us. In this video, I cover what the signal of a point and figure relative strength chart tells us. Both are critical chart components that are not to be overlooked....
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...
We all spend inordinate amounts of valuable time stressing over things we cannot control. This is especially true for investors. No matter how hard we try, we cannot control what the market does. The market will do what it wants to, when it wants to. Here at Mullooly...
This morning at our daily research meeting, we discussed something that several clients have brought up to us recently: it's June and the Dow Jones Industrial Average and S&P 500 are barely positive for the year. While it is important to monitor your portfolio's...
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...
