Hello traders and MarketClub members everywhere. Yesterday certainly was a rout to the downside, decimating many stocks across the board. The Trade Triangles gave a major trend change sell signal on the NASDAQ index. Now with all three indexes in a negative mode and confidence and perception dramatically waning, I expect to see further downside price action in the markets.
So what are those three ways to trade the market?
Well, simply put you have three options when it comes to trading (I am not talking about options trading) you can be long a stock, short a stock or out of the market, which in and of itself is a position. Continue reading "Three Ways To Trade This Market"→
Hello traders and MarketClub members everywhere! There is no doubt about it, 2014 has been quite a year. As the year winds down, I thought I would take a look at 10 very popular stocks from 2014 and discuss what I see happening to these stocks in the beginning of 2015.
Looking at these 10 stocks, I can quickly see that only two of them actually remain in bull market mode. Of the remaining eight, four stocks are in a neutral or trading range mode and four stocks are in bear market mode.
Regardless of what happens to the economy in 2015, these 10 stocks will move either up or down and that's what's important. If profits are what you are after, you need to be in stocks that move and have good liquidity. You cannot make good money when a stock is moving sideways.
In today's video, I will be examining technical tools that you can use to sharpen your trading skills in 2015. I think you will get a lot out of these trading tips to help your trading be more successful.
Hello traders and MarketClub members everywhere! At the beginning of December I published a post titled, "December Can Be A Dangerous Month For Traders." It looks like that prediction is coming true as we are seeing increasing volatility not just in stocks, but in the broad indices as well.
In today's video, I'm going to be looking at five major stocks that are in major trouble, in my opinion. These are all well-known stocks that have, at one time, been the darling of investors' portfolios. I have always believed in Newton's Law of Gravity and it would appear as though these five stocks are coming back down to earth.
If the market was looking to get our attention, it has it now.
Since Jan. 13, the SP has dropped at least 1% on three occasions. It now stands nearly 5% below its 52-week high.
At this point, investors have begun to wonder if the market choppiness is a sign of a looming correction, which is defined as a 10% pullback (a bear market is a pullback of 20% or more).
It's been quite a while since we've had a market correction: It happened once in 2010, 2011 and in the middle of 2012, but it hasn't happened since.
Notably, each correction has been followed by an impressive rebound, and some investors would welcome such a purge. In a market where values remain hard to find, pullbacks create solid openings. If we are entering into a corrective phase, history suggests it would last a couple of months. (The 2011 correction was quite rapid and due solely to the government shutdown.) Continue reading "After A Roller-Coaster Month, Is A Bear Market On Its Way?"→
Evidence is mounting that the bottom for gold may be in. While there's still risk, there's a new air of bullishness in the industry, something we haven't seen in over two years.
An ever-growing number of industry insiders and investment analysts believe the downturn has come to a close. If that's true, it has immediate and critical implications for investors.
Doug Casey told me last week: "In my lifetime, the best time to have bought gold was 1971, at $35; it ran to over $800 by 1980. In 2001, gold was $250: in real terms even cheaper than in 1971. It ran to over $1,900 in 2011.
"It's now at $1,250. Not as cheap, in real terms, as in 1971 or 2001, but the world's financial and economic state is far more shaky.