It has been a wild few days in the markets.US markets are rallying Wednesday after an ugly day Tuesday, which saw stocks rally sharply early in the day before a huge sell-off in the final hour of trading.But as interesting as it is to track the play-by-plays, it’s also worth taking a gander at how this recent plunge looks relative to others.This chart from Doug Short highlights […]
When you boil it down, the stock market isn’t much different than a game with some winners and more than a few losers. Granted, it’s a complicated game, and I wouldn’t advise you to actually hand over your hard earned money to anyone who considers it just a game. But basically, it is a game.The stock market has rules and patterns […]
When you boil it down, the stock market isn’t much different than a game with some winners and more than a few losers. Granted, it’s a complicated game, and I wouldn’t advise you to actually hand over your hard earned money to anyone who considers it just a game. But basically, it is a game.The stock market has rules and patterns […]
Podcast: Play in new window | DownloadEpisode 49: The least downloaded of the 10 wealth building principles is: #9 Be a Giver. No surprise, which also explains why so many people don’t have wealth. To quote Earl Nightingale: To become rich, you must first enrich others. Truer words were never spoken.When I first wrote the ninth wealth building principle, I […]
Podcast: Play in new window | DownloadEpisode 42: This episode was recorded on location at Jack Spirko’s homestead. I discuss how Jack is using permaculture techniques to develop a three acre homestead- and how that relates to investing in the stock market.Subscribe to the Wealthsteading Podcast:via iTunes: https://itunes.apple.com/us/podcast/wealthsteading-podcast/id896417058via STITCHER: http://www.stitcher.com/s?fid=53115&refid=stprHosted by John Pugliano. The Wealthsteading Podcast teaches 10 wealth building […]
A quarterback on the football team has many plays he can call. He has to know how to read the defense, where they stand on the field and where they stand in relation to the clock.Like a quarterback, you, as a trader, also have many plays you can call. The play is not simply buying or selling. Its what vehicle […]
Share”/>EmailShare”/>EmailI detest stock promoters and pumpers who spread misinformation and lure in suckers and newbies to their penny stocks to get the prices pumped up for any number of evil reasons.To help guide newbies I offer free video lessons HERE and a list of 60+ key trading rules here all for free.As I show EVERY single trade I make HERE, […]
One of the best momentum indicators for going short term long is when the 5 EMA crosses over the 10 EMA. Right now $TSLA, $TWTR, $FB and $YELP are in short term downtrends, as the 5 EMA is below the 10 EMA. A good way to go long these stocks is once the 5 EMA goes above the 10 EMA […]
