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
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