“The best time to plant a tree was 20 years ago. The second best time is now.” – Chinese Proverb The biggest reason that the average person does not build wealth through participating in the stock market is that they simply never get started in the process. Most people know that they need to open […]
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Chart Courtesy of StockCharts.com $SPY has traded in a large range so far in 2018 but up slightly +1.94% year to date. $274 has acted as resistance last week. The 100 day SMA held as support last week. The trading range expanded as the ATR trended higher last week. The MACD is under a bearish
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This is a Guest Post by AK of Fallible AK has been an analyst at long/short equity investment firms, global macro funds, and corporate economics departments. He co-founded Macro Ops and is the host of Fallible. Last week the Dow Jones Industrial Average closed below the 200 day moving average for the first time since 2016. And
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“[The S&P 500 index] is the most historically reliable single metric of the US market over the past 140 years for both price and dividends. The early Dow 12 was too small and volatile to be a proxy for the broader US market, and the Dow of the past few decades also lacks sufficient diversification
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This is a Guest Post by AK of Fallible AK has been an analyst at long/short equity investment firms, global macro funds, and corporate economics departments. He co-founded Macro Ops and is the host of Fallible. The video above includes a segment of an interview I did with Tyler of Macro Ops. In it we discuss the reality
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“I think investment psychology is by far the more important element, followed by risk control, with the least important consideration being the question of where you buy and sell.”– Tom Basso The financial markets are strange environments. Unexpected events commonly occur while the sure thing rarely happens. The best times to buy low is usually
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This is a Guest Post by AK of Fallible AK has been an analyst at long/short equity investment firms, global macro funds, and corporate economics departments. He co-founded Macro Ops and is the host of Fallible. It’s that time again. Here are the 3 stocks we’re looking at for July — Micron (MU), Intel (INTC), and Advanced Micro
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Trading Habit #14 “Successful trading is about consistently doing the difficult thing so often that it becomes second nature.” – Richard Weissman The easy trade is usually the losing trade. When a trader feels the most comfortable entering a trade to get on board a trend it is usually close to the end. It is
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Price traded below the 10 day ema for the last 4 trading days settling into a trading range. Last week traded on lower volume all week. Profit taking: Previous peak resistance continued to hold at $278 last week. Current short term support is $273.50. $SPY has traded around the 20 day EMA, finding some buyers
Profit Taking on the $SPY Chart 6/24/18 Read More »
This is a Guest Post by AK of Fallible AK has been an analyst at long/short equity investment firms, global macro funds, and corporate economics departments. He co-founded Macro Ops and is the host of Fallible. In this video we’re going to discuss how Ray Dalio created his investment strategy and how you can use the same principles
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