Guide to Chart Patterns Price action creates chart patterns in the financial markets through the buying and selling of positions by traders and investors. A chart pattern is a visual record of the votes by bulls and bears at different price levels. A chart pattern is simply a visual representation of the prices buyers and sellers bought […]
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Stock Market Cycle Chart Market are always changing from sideways price action, to uptrends, to volatility, and to downtrends. Markets go through cycles of accumulation, mark-up, distribution and mark-down. Having a strategy to trade based on the market phase can be an edge in investing and trading. At least knowing what phase the market is
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RSI Divergence Cheat Sheet Bullish RSI Divergence A bullish RSI divergence pattern is defined on a chart when price makes new lower lows but the RSI technical indicator doesn’t make a new low at the same time. This is a signal that bearish sentiment is losing momentum with the high probability that buyers are stepping
Written goals that create a focused and definite aim, life purpose, and vision is one of the first steps to success. Achieving what you want for your life requires working both smart and hard with a concentration of effort toward what you want. Too many people divide their energies over several paths never choosing their
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The M chart pattern is a double top pattern with tall sides with big uptrends before and long downtrends after the M. Price action many times approaches the low of the original left side launch area of the chart where the trend started before putting in a low and swinging higher. Chart Facts: The M
Financial literacy is the ability to understand and apply a range of financial skills effectively. It applies to successful personal financial decisions and management like monthly budgets, saving, investing, and establishing a career to pay living expenses. Financial literacy means people can become self-sufficient and not need to live with parents or family as they
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SSR is an acronym for short sale restriction when it is used in the context of trading stocks. It’s a rule that came out in 2010 and it’s also referred to as the alternate uptick rule or SEC rule 201, that states that a trader can only short sell a stock on an uptick in
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Bill Ackman became a billionaire through operating the Pershing Square Capital Management hedge fund that he founded in 2004. He became famous in the financial world for his short position on bond insurer MBIA and his rescue of mall operator General Growth early on in his investment career. Bill Ackman is ranked #1022 on the
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Ray Dalio founded Bridgewater Associates in 1975 and grew it into one of the world’s largest hedge funds by 2005. As of 2022 his hedge fund has 105 clients with over $223 billion in total assets under management. Ray Dalio is ranked the 36th richest person in the world according to Forbes with a net
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Cathie Wood operates the ARK Investment Management hedge fund that is located in New York. It has 282 clients and assets under management (AUM) of $55,094,588,754 according to Form ADV from 04-23-2021. As of the last Q4 2021 13F filing on 12-31-2021 the fund’s top 10 holdings were 39.85% of the total portfolio. ARK had
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