SPY is still bullish and near all time highs. SPY has remained in a trading range for the past 7 trading days. The MACD is still under a bullish crossover. RSI at 63.77 is near overbought so the odds are on more consolidation before we go much higher here. Average true range expanded Friday giving […]
10 Facts about the $SPY Chart: 6/11/17 Read More »
This is a guest post by Robert Baillieul, B.Comm. of IncomeInvestors.com this articles was originally posted at: “9 Hard Truths Your Stock Broker Won’t Tell You” and is republished here with permission. Would your stock broker lie to you? Would they say anything to snag your business? Would they say anything to justify their huge fees? Would they say anything to
Lies Stock Brokers Tell Their Clients Read More »
This is a Guest Post by: Megan Frydel. This article is used here with permission from AlphaSportsBetting.com. A successful sports betting activity is not merely about walking into a bookmaker and wagering on a random sport. It involves building a strong attitude, investing in a strategy, and having a thorough knowledge. Before walking into any
The Similar Principles of Sports Betting and Trading Read More »
This is a guest post from Stock Pair Trading, creator of the website StockPairTrader.net. This was originally posted at The edge of pair trading, profitability of the strategy and is republished here with permission. We explained in our previous article that today, stock pairs constitute an integral part of the trading strategy of all professional traders, banks, and
Pair Trading: Profitability of the Strategy Read More »
Mark Minervini really brought a huge amount of value to the trading world by writing this book with far greater actionable details than other books on the market. He takes the trader through the technical dynamics it takes to be a profitable stock trader. By starting with a trading plan that defines your actions and
Think and Trade Like a Champion: Book Review Read More »
I do not think traders start making money until they mature and understand the big picture. I have been on this journey myself and went through the wild excitement of the internet bubble, day trading and the experience of making a few hundred dollars in a few minutes the first time and the delusion of
How To Be A Grown Up Trader Read More »
This is a Guest Post by: Colibri Trader @priceinaction. This article is used here with permission and originally appeared here on ColibriTrader.com. When British Prime Minister Theresa May announced that the government plans to hold early general elections on June 8th, the markets were hit by surprise. Next general elections were not due to take place
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This is a guest post from Stock Pair Trading, creator of the website StockPairTrader.net. This was originally posted at Nature of pair stock trading, history and is republished here with permission. Trading on stock exchanges around the world is one of the most profitable and “sexiest” enterprises one can come across. It does not require any employees, office, or
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$SPY at all times is the most bullish reading we can have. $SPY went higher on higher than usual volume. RSI at 70.44 enters overbought territory here and the market will likely need to consolidate here before we go higher. Every pullback has been an opportunity to buy. Every holder of $SPY is not setting
10 Facts about the $SPY Chart: 6/4/17 Read More »
Brett Steenbarger carefully studied who is making money in these markets. Here’s what he found Can Stocks Overcome Internal Weakness? Expiring vs. Long-Term Knowledge Emerging Markets; Testing 2007 breakout level again! The 1% rule explains why a few people end up with most of the rewards
Top Trading Articles: Week 6/3/17 Read More »
