trading
Where is the Stock Market going?
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 [...]
Investing in the Stockmarket is Gambling…or is it?
Do you feel like investing or trading in the stock market is like betting it all on red in Las Vegas? When you hear about people building wealth from the stock market do you pass it off as a lucky streak? Do you think your broker is a crook? Well, I can’t answer that last [...]
Citi Stock or McDonalds Double Cheeseburger
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 [...]
Make Money at New Stock Market Lows
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 [...]
What Should I do with my 401k?
Right now your 401k is down 20 to 50 percent and you are stunned! You’re asking yourself, what should I do? Stock market logic says not to sell right now, that markets go up over time and if you have a horizon beyond 10 years then you’ll be fine.
Well, that used [...]
Bank of America Trade
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 [...]
