December 2021

divergence pattern

Divergence Pattern

A bearish divergence pattern is defined on a chart when prices make new higher highs but a technical indicator that is an oscillator doesn’t make a new high at the same time. This is a signal that bullish sentiment is losing momentum with the high probability that sellers are stepping in and the market may

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sizzle index

Sizzle Index

The Sizzle Index is a feature on the thinkorswim platform that filters to find stocks that currently have an increase in the number of option contracts traded in relation to the last 5 days’ average of activity. The Sizzle Index is calculated as the ratio of the current total volume of put and call options

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Harmonic Patterns Cheat Sheet

Harmonic Patterns Cheat Sheet

Harmonic Patterns use the identification of quantified chart price action structures that have specific and consecutive Fibonacci ratio alignments that form the visual structures. Harmonic patterns calculate the Fibonacci levels of the price patterns to identify high probability reversal points on the charts. This method believes that harmonic patterns or cycles repeat on charts in

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Elon Musk Tweets

Elon Musk Quotes

Here are ten of my favorite Elon Musk quotes for motivation, education and to help you stay on the right path to your goals.  “When something is important enough, you do it even if the odds are not in your favor.” – Elon Musk “It is important to view knowledge as sort of a semantic tree

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Stagflation

What is Stagflation?

In economics, stagflation also known as recession-inflation is a situation in which both the inflation rate is high while the economic growth rate slows at the same time the unemployment remains high over time. It creates a problem for monetary and economic policy makers because actions taken that are intended to lower inflation may make

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cantillon effect

Cantillon Effect

A Cantillon effect is a change in prices related to one another that was caused due to a change in the money supply, first discovered by Richard Cantillon an 18th-century economist. History shows that some assets are favored over other ones when extra money is available in the economy for spending and investing. These preferences

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