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
After slumping in 2016, the health care sector looks to have been resuscitated in 2017. The S&P Healthcare Sector Index for example is up 21% in the first 10 months of the year, as compared to just 14% for the S&P 500.
The Health Care Select Sector (XLV) ETF is up 22%.Read More
The trend is the most important concept in technical analysis.
Its strength or weakness can dictate the overall direction of your favorite stock or index. Potential uptrends can be characterized by a series of higher highs. Potential downtrends can be characterized by lower lows.Read More
Confirmation is key to trading success.
Without it, you’re driving with blinders, and very likely headed for a loss.
A friend of mine swore that his favorite stock – Shopify Inc. (SHOP) had finally bottomed out at $97 a share in early October 2017. So he bought 100 shares and waited. And then watched as his money began to disappear.Read More
Oil is always a fickle trade.
Throughout 2017, oil prices have rallied and stumbled more times than most of us care to remember thanks to global supply and demand issues. In fact, for the last two years, oil was either challenging its highs of $54, or diving as low as $42.
All thanks to supply-demand imbalances, and hope.Read More
Buy low, sell high -- it’s an easy rule to follow.
Unfortunately, selling is often the hardest part.
“Jeez, if only I held that stock for one more day. I could have been up another $2,500” is often the thought process. What we fail to consider is that we made money. We accomplished the initial goal. Better yet, we didn’t lose anything.Read More