This is a guest post by Jake of TrendSpider. In this weekend’s analysis, we analyze the moves made by SPY, QQQ, and XBI over the last week and beyond. On Sunday, founders Dan and Jake will be coming on the webinar to go over the 2019 recap and what to expect into 2020! Sign up […]
Current Chart Patterns: $SPY $QQQ $XBI Read More »
A hammer is a candlestick pattern when a stock opens then moves a lot lower during the day then rallies back near the opening price. This candlestick pattern looks like a hammer with the long lower wick from the lows of the day looking like the handle and the opening and closing price body form
What is a Hammer Candlestick? Read More »
In a publicly traded company there are customers who buy their products, employees who get paid for there time and work, there are bond holders that get paid interest on the company debt they own, and then there are the investors that hold the company stock and own equity in the company. Traders also buy
In probability theory a normal distribution is a kind of probability distribution with a set value of random variables. The normal distribution formula is: Normal distributions are valuable in statistical analysis and is used a lot in trading to set values on random variables of future distributions that are not known. Normal distribution states that under market conditions over many average
The Normal Distribution Formula Read More »
While Marijuana is still illegal in the United States on the federal level many states have legalized it inside their own state borders. Cannabis use has been legalized for medical uses with a doctor’s approval in 33 states in the union, four U.S. territories, and also Washington D.C. creating the potential for a new legal
How to Invest in Marijuana Read More »
A shooting star candle or pin bar reversal is a bearish candlestick pattern when it appears during an uptrend on a chart. A shooting star tends to have long upper wicks and almost no lower wicks along with a candle body that is usually small. A shooting star usually happens when a stock opens and
What is a Shooting Star Candle? Read More »
The laws of supply and demand are foundation economic principles that is the primary motivation for producers and consumers in making their decisions. The law of demand says the higher the price of a product the less customers will want of a product or service. Demand is set from the law of diminishing value versus price,
Law Of Supply And Demand Read More »
What is the best way to invest in gold? There are many options like buying bullion, buying gold coins, buying gold futures contracts, and buying a gold exchange traded fund in the stock market. I believe the best way is to simply buy the State Street SPDR ETF with the ticker symbol GLD in your
How To Invest In Gold Read More »
This is a Guest Post by Jake @TrendSpider. In this weekend’s analysis, we analyze the moves made by SPY, QQQ, and IWM over the last week and beyond. Get ready for the last two trading days of the year into next week! Will we start the year on a good or bad foot?
Current Chart Patterns On $SPY $QQQ $IWM Read More »
Options trading is when you buy and sell contracts that give you the right to purchase or sell a block of an underlying asset at a set price during a specific time frame. Options are not assets they are bets on a potential asset moving in price. An option chain gives you prices on different
What Is Options Trading? Read More »