Profitable traders use trading indicators as an aid in their decision-making. To quote Reminiscences of a Stock Operator… “A professional gambler is NOT looking for long shots, but for sure money.” When you’re looking for “sure money,” you need to trade when the odds are in your favor. So with that, let’s talk about the …
OK, the crypto market is down—a lot. I’m not going to mince words with you either … The fact is the price of Bitcoin crashed. And it keeps sinking. As profits turn to losses, everyone is seeking answers. Photo by Andrea Piacquadio from Pexels Where’s the bottom? Is Bitcoin dead? How long will this bear …
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You’ve likely heard of the Dow Jones and the S&P 500. But what exactly do these indexes mean? Today you’ll learn exactly what the indexes are and what you can learn from each one. Photo by Markus Spiske from Pexels Stock market indexes are hypothetical portfolios representing a segment of the market. We use four …
What Are Stock Market Indexes? And What Can Each One Tell You? Read More »
Market capitalization — or market cap for short — is the total market value of all outstanding shares. It tells you the current market value of a stock or group of stocks. It’s not a cool hat for traders and investors … sorry to let you down. Photo by Mediamodifier on Unsplash If you’re still …
The Federal Reserve is often referred to as simply “The Fed.” It is the central bank of the United States of America. It is the second central banking system the nation has had. The first, The Bank of the United States, was established under Alexander Hamilton in 1791 and lasted only 20 years. The second, …
Good morning. On this Memorial Day, I’m sharing the words of my dear friend John who I served with in combat a lifetime ago. His words have been lightly edited for clarity and flow. “People often ask me, ‘Do you think we should be there?’ ‘Did you lose anyone?’ ‘What’s it like?’ ‘You’re crazy!’ ‘Why’d …
Special Memorial Day Message From Trading For Keeps Read More »
TerraUSD (UST) is described as a “stablecoin,” which means its price should be pegged to the U.S. Dollar. But its algorithm lost the peg during recent volatility. And the UST token crashed by over 90%. Terra (LUNA), a crypto related to UST, completely collapsed. It fell from $80 to $0 in a week. If you …
When Bulls attack, they thrust their horns up. When Bears attack, they swat down. So when the prices in financial markets rise, it’s called bullish. And when the prices decline, it’s called bearish. That’s it. Keep reading if you want some of the fluff… Where Did The Bulls and The Bears Come From? I traced …
Here’s what a typical buyout looks like on a stock chart… Typically after a deal‘s announced, the stock price jumps to the buyout price. Then it continues to trade in a tight range near that price until the deal is complete. And here’s Twitter’s (TWTR) chart… Notice the difference? There is no tight range… And …
5 Times The Media Screwed Up While Reporting on Elon Musk’s Twitter Deal Read More »
