Indicators are used by traders to forecast market moves and many traders have found success with these tools. I prefer simple chart reading, and one of the simplest ideas on charts is support and resistance. Support appears to keep prices from falling… Read More
Amber Hestla is Lead Investment Strategist behind Profitable Trading's Income Trader, Profit Amplifier and Maximum Income. She specializes in generating income using options strategies that minimize risk by applying skills she learned on military deployments and intelligence training to the markets.
While deployed overseas with the military, Amber learned the importance of analyzing data to forecast what is likely to happen in the future, a skill she now applies to financial markets. Prior to that, Amber studied risk management working undercover. While risk management is no longer a matter of life and death, she believes it is the most important factor in long-term trading success.
And although she makes her living in the markets, she continues to study the markets and trading daily. Her writing has been featured in trading magazines including the Market Technicians Association newsletter, Technical Analysis of Stocks & Commodities and Stocks, Futures and Options in the United States, and Shares, a weekly trading magazine published in the United Kingdom.
Europe is in the news again, although it seems like the continent’s financial turmoil is always in the news. European Central Bank (ECB) President Mario Draghi was quoted in The Wall Street Journal as… Read More
Economists don’t know if inflation will increase or not, and I certainly don’t pretend to know. But like many traders, I am worried about what would happen if inflation picks up. Some traders turn to gold as an inflation… Read More
It’s rare to see an extremely clear chart pattern develop. Usually, there are multiple interpretations of price action and traders often pick the one that fits their bias. That is a recipe for trading… Read More
As traders, we can take advantage of the late summer doldrums in the market and open a trade that is virtually a guaranteed winner. Volume has all but disappeared from the stock market —… Read More
Trading options contracts is a low-cost way to profit from a company’s earnings announcement. Earnings reports have led to some big… Read More
Traders have been punishing stocks that fail to meet analyst expectations this quarter. In some cases, the earnings actually exceeded expectations but revenue fell short and a sell-off followed with the stock experiencing a double- or even triple-digit decline the next day. Read More
Almost all of the world’s greatest companies go through the same business cycle. They generally see sales growth start slowly, and then take off rapidly before slowing again. Earnings follow the same general pattern. Read More
Sometimes a stock becomes irrationally undervalued, and I found one that fits that description: Green Mountain Coffee Roasters (NASDAQ: GMCR). Earnings per share for this company have grown at an average rate of 96% a year for the past five years and… Read More
MasterCard (NYSE: MA) reported that worldwide purchase volume was up 17% in the most recent quarter compared with the same three-month period in 2011. As of March 31, the company had issued 1.8 billion credit and debit cards, and those cards were… Read More