TSI’s Principles Of Technical Analysis
Although my primary focus is on the fundamentals, I do use Technical Analysis (TA). However, many of my TA-related beliefs deviate from the mainstream. Below is a collection of these beliefs presented in no particular order. The collection is not comprehensive, but it gives an overview of how I think historical price action can and […]
Tax Plan Puffery
DOW + 72 = 23,430SPX + 3 = 2582 NAS + 7 = 6790 RUT + 10 = 1503 10 Y + .02 = 2.37% OIL – .32 = 56.23 GOLD – 17.40 = 1277.00 Cryptocurrency Number of Currencies: 912 Total Market Cap: $242,651,274,595 24H Volume: $8,257,485,175 Top Cryptocurrencies Name Symbol Price USD […]
AUD/USD Flirts With Lower Lows Amid The RBA Minutes
The Reserve Bank of Australia released its meeting minutes from the most recent rate decision in November. They said that there is “considerable uncertainty” about wages picking up. Regarding inflation, they also see any “pass-through” as being delayed due to many factors. What about the Aussie? They repeat that any further rise in the A$ would slow […]
Sensex Opens Firm; Consumer Durables & Realty Stocks Gain
Asian stock markets are higher today following the lead from Wall Street overnight amid strong economic data. The Shanghai Composite is up 0.33% while the Hang Seng is up 0.88%. The Nikkei 225 is trading up by 1.02%. US stocks rose on Monday as Wall Street bet tax cuts would keep economic expansion going. Back home, India share markets have opened the […]
The US Dollar Has Recouped Some Of The Losses
Yesterday’s trading on the major currency pairs were quite active. The dollar index (#DX) closed the trading session in the positive zone (+0.45%). The US currency was supported by the growth of the US government bonds yield. Political risks in Germany continue to put pressure on the euro. At the moment, the majors are consolidating. […]
7 Stocks Near A 52-Week High With More Room To Run
It is hard to ignore stocks that scale 52-week highs or hit the lows as such movements are tracked on a daily basis. But the question here is: what importance does such a stock movement hold from an investor’s perspective? In this screening article, we discuss the 52-week investment plan. One of the relatively new […]
Market Timing: Use Time Frames And Charts As Your Guide
As an options trader, I am always mindful of outside influences that can effect the market timing of my positions. A breaking news story can quickly push markets higher or lower, rewarding or punishing my plays in an instant. Many traders are spooked by quick moves. As a result, their market timing goes haywire, and […]
Stocks To Trade: SCHW, NYT, RACE
Tuesday’s stock picks Take a look at three trading ideas to prep you for the next trading session. Long Charles Schwab (SCHW) Long New York Times (NYT) Short Ferrari (RACE)
Russell 2000 Clears Resistance
The Russell 2000 followed through higher with a break of resistance and a bullish cross of mid-line stochastics. The ‘bear trap’ follow through is for new all-time highs. Watch for a MACD trigger ‘buy’ to support the ‘bull flag’ break. The Nasdaq finished with a narrow doji which is also a swing trade opportunity. […]
Weekly Gasoline Price Update: Regular And Premium Down
It’s time again for our weekly gasoline update based on data from the Energy Information Administration (EIA). The price of Regular and Premium were up one and two cents, respectively, from last week. According to GasBuddy.com, Alaska has the highest average price for Regular at $3.23 and San Francisco, CA is the most expensive city, averaging […]
