Have we hit Euphoria in the market?
This weekend being Martin Luther King weekend we had an extra day off from the market. As always in doing my prep for the weekend, I review the headlines on…
Read More »Earnings Estimates & How They Impact Stock Prices
Every 3 months, the financial media pounces on earnings speculation like lions on raw meat while earnings estimates set the benchmark for performance. Conference call reports from big name firms…
Read More »Top Trade Opportunities January 2, 2018 – January 5, 2018
NASDAQ / NYSE / AMEX CNET put out blockchain news in the premaket on Wednesday which we mentioned in the chat room and added to our morning emails. The…
Read More »Choosing a Day Trading Chat Room
I’ve been thinking about my early experiences in day trading and what has lead me to the strategy and system that I use today after 14 years in the business….
Read More »Australian Dollar May Wilt, Markets Await Trump China News Conference
The Australian Dollar may be at risk to a reversal against the US Dollar after Trump announced a news conference on China later today. Until then, financial markets may remain…
Read More »US Update – May 28 – Data In line
EURUSD, H1 The -323,000 initial claims drop to 2.123 million in the fourth week of March extended the -241,000 decline to 2.446 million (was 2,438 million) in the BLS survey…
Read More »Stock market at highs showing weakness, day trading tops.
Day Trading Topping patterns and divergence. The SPY is hitting it’s top, the price action had quite a bit of momentum. Compare this to transports and the Russel Index. There…
Read More »Ticker Symbol Explained For Beginners
What is a Ticker Symbol? A ticker symbol, sometimes called a stock symbol, is an organization of letters or characters (or a combination of both) that represent particular securities that…
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