I have been getting a lot of inquiries from people, who would like to make some extra money trading the stock market. It is only right that I tell you the good and the bad; First the bad, YOU CAN LOSE MONEY IN THE STOCK MARKET if you do not properly educate yourself. [...]
For those of you who are trading this market, these past 6 months are starting to look like that of a Wyckoff Spring. Understand that the psychology of the markets do not change, only the news events, that is why technical analysis works so well. The Big Picture provides a quick overview of [...]
People keep asking are stocks cheap. Should I buy these “USED TO BE” great companies at these historical low levels! NO! Citigroup (Public, NYSE:C) closed at $1 dollar today. Many uneducated investors are licking their chops like “man, I get that now and it goes back up to $50 dollars, I’m [...]
We are finally at a point where everyone is losing hope. This is a good thing. It is when no one believes the stock market will ever go up again do we get a nice rally. I’m not saying that we will be out of this bear market, recession, eventual depression, or whatever you want [...]
Last week we talked about how we purchased Bank of America (Public, NYSE:BAC) shares under $5. We got in on Thursday Feb. 5th at $4.30. We exited our position yesterday when the stock got to $7. That is a 60% gain in 2 days!! Even if you got in at $5 [...]
Today Bank of America has fallen below $5. Investors believe that Bank of America will eventually have to be nationalized (Government takes over the company) to stop it from going bankrupt. Next week the Treasury will announce their plans on how they will move forward with big institutions that are “To Big to [...]