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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The current Warren Buffett portfolio for 2022 has been updated. Here are the Berkshire-Hathaway portfolio holdings managed by Warren Buffett that were reported in the 13F filing to the SEC for the 4th quarter of 2021 at the end of December of last year. Warren Buffett continues to oversee and manage the Berkshire-Hathaway portfolio with approximately
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Michael Burry of Big Short fame manages his hedge fund Scion Asset Management based in Saratoga, California. His latest 13F filing for Q4 2021 showed a $74,459,000 primary portfolio of assets under management allocated into 6 stocks. The following positions are based on the last Q4 2021 13F filing as of 12-31-2021 and are the positions
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There are board games that do have many of the same principles of trading the financial markets. The following games can help a trader develop winning strategies, create an edge, understand game theory, probabilities, math, and human psychology. Chess is a game of pure skill with little to no luck involved. It can teach traders
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The Butterfly Pattern uses the identification of quantified structures on a chart that has specific and sequential Fibonacci ratio alignments that show harmonic patterns. These patterns calculate and measure the Fibonacci aspects of the price action structures to signal reversal points with a good probability of success. Traders using harmonic patterns as a trading method believe that these
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Why do the biggest rallies happen in bear markets? The biggest stock market rallies happen in bear markets. We almost never see a 5% rally in the stock indexes in a normal bull market, and if we do it may be signaling a short term price top. The market needs high volatility for huge outsized
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What is the current Peter Lynch net worth in 2022? Peter Lynch’s current net worth is estimated at approximately $450 million.[1] Early life Peter Lynch was born in Newton, Massachusetts in January 1944. He graduated from Boston College and earned his MBA from The Wharton School. He was hired at Fidelity Investments after serving two
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How to calculate an option price A Black-Scholes Calculator can be used to figure the price (fair market value) of a put or call option contract based on the Black-Scholes pricing model. It also calculates and plots the Greeks: Delta, Gamma, Theta, Vega, Rho. Enter your own values through the website in the link below
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Here are seven of the best movies about finance currently available on Netflix as of this writing. They each explore different areas of finance like business building, business management, leading a corporation, having an edge, career risk, analytics, and managing personal finances. Another great thing is that these movies are part of a Netflix subscription
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Is there a simple moving average monthly trend trading strategy that crushes buy and hold investing? Buy and hold investing on the S&P 500 index with an exchange traded fund or a low cost mutual fund is a top performing system that few money managers and traders can beat over ten-year periods. This is a
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The reverse cup with handle is a reversal pattern and momentum sell short signal as it breaks down out of the ‘handle’ in the formation. It is usually a topping pattern after a strong move to the upside signaling the end of an uptrend on a chart. A reverse cup and handle chart pattern ideally
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In finance, TTM stands for trailing twelve months, and it represents a company’s financial performance in the last 12 consecutive months. For example, if a company financial statement is created on August 1, 2022, then the TTM financial report and the dollar values used to prepare the statement will be created using the trailing twelve
What is the RSI indicator? The RSI indicator buy and sell signals are based on oversold and overbought conditions on a stock chart. The RSI is a measurement of price moving too far and too fast in one direction and as the RSI gets extended farther from the 50 RSI middle line the probability of
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