One of the best ways to find opportunity is by spotting excessive fear and greed.
But that’s easier said than done. Or so we think.
While none of us have a crystal ball, or hold the Holy Grail to trading secrets, you can give yourself an edge by simply paying attention to what herd mentality is telling you.
Traders are always looking for the “Holy Grail.”
And while I hate to burst their bubbles, it doesn’t exist. If it did we’d all be rich.
However, while we’ll never be able to predict market moves with a high-degree of certainty, or be able to guess on the duration of a move, we can give ourselves a leg up by keeping an eye on the psychology of the herd.Read More
By now, you’re well aware of how to find trends using simple moving averages, such as the 50- and 200-day moving averages. But you should also know how to potentially spot when a trend could stop dead in its tracks, or birth a new trend.
All we have to do is wait for a crossover to do so.Read More
Buy respected stocks that every one temporarily hates.
That’s as close as we’ll ever get to the “Holy Grail” of trading advice. In fact, it’s the same advice you’re likely to receive from Warren Buffett, Baron Rothschild, and Sir John Templeton who bought excessive fear.
The only difference between them and myself – besides the gobs of money – is that fact that I don’t just rely on fundamental analysis. I also rely on technical pivot points.
To this date, Buffett still doesn’t believe technical analysis is worth his time. But I’m not about to argue with a man worth $74.8 billion.Read More
One of the best ways to diversify at less cost is with an ETF.
In late September 2017, most defense names became very expensive.
If I wanted to own just 10 shares of each, it’d cost me $10,420.Read More
The Internet of Things (IoT) has been one of the hottest buzzwords for years.
And it’s quickly changing the way we live, work, and play.
The IoT, or the connection of formerly unconnected things to the Internet is changing the way we do just about everything. If you’ve ever heard of the Apple Watch or Internet-connected Fit Bit tracker, you’re familiar with it. Or maybe you’ve heard of Google Home or the Amazon Echo, both of which use virtual assistants to order things online, connect to door locks, lights and even home security systems.Read More