Well folks, it looks like we may have a good old fashioned trade war on our hands. And the markets are reacting accordingly. Earlier this month, the Trump administrated announced an executive order that placed tariffs on aluminum and steel. The exact details have yet to be hammered out, but… Read More
Market Analysis
No topic in the financial space is garnering attention like bitcoin. Its price continues to surge (and, occasionally, plunge). Last summer, I was commissioned to write a book about trading cryptocurrencies. The price at that time was just under $3,000. As I write this, the price is around $10,700 (down… Read More
It finally happened. After years of nary a selloff, let alone a significant correction, the floodgates burst open. On Monday, February 5, the Dow Jones Industrial Average suffered a mid-session 1,600 point death plunge. Buyers quickly entered the fray, with the DJIA closing down just 1,175 points, but the day… Read More
Editor’s Note: In case you haven’t noticed, there’s a bit of a frenzy developing around cryptocurrencies (and the stocks related to them). This piece from our sister company, StreetAuthority, offers an important reminder for traders that things are not always what they seem… When a business changes its… Read More
I’m a pilot. No, I’m not a professional pilot with thousands of hours of experience in multiple jet engines. I’m just a guy who likes to get into a single-engine Piper and take to the skies for fun. But I share a common trait with professional pilots. Before I ever… Read More
It’s the beginning of the year, the time when analysts publish forecasts for the year ahead.... Read More
It’s the beginning of the year, the time when analysts publish forecasts for the year ahead. Of course, many of these forward-looking forecasts are based on data from the past. For example, one... Read More
What an incredible year! 2017 smashed records as an investor’s dream year. While overshadowed by the cryptocurrency explosion, led by bitcoin’s 1,300% plus gains, the major stock market indexes surged to all-time highs. The Nasdaq jumped 26%, while the Dow Jones Industrial Average added 22%, and the S&P 500 soared… Read More
2017 was a banner year. The stock market, as measured by the S&P 500 rallied 19.4% year-to-date, and it did so without so much as a hiccup. We’re now heading into the ninth year of this bull market, and at 3,219 days and a 300%-plus total return since the market… Read More
Editor’s Note: We’ve officially reached the last trading week of the year. We also know this is one of the slowest trading weeks of the year. Everyone’s on vacation… Volume is low… And we’re all just waiting to ring in the new year before making our next move. That’s why,… Read More