Litecoin vs Bitcoin has just produced a double top chart pattern, so any gains experienced over the weekend may come tumbling down over the next day or two. Let’s take a closer look at the LTC/BTC chart on the H4 timeframe (click to expand): I’ve performed the Fibonacci study from the low of the past fortnight at 0.026, […]
If you talk to individual investors about which stocks they own, you will undoubtedly hear a recitation of the same stocks that dominate the financial media on a daily basis.Everyone owns and trades stocks like Apple (NASDAQ: AAPL) and Google (NASDAQ: GOOG) that the big funds tend to own. Investors who label themselves as more conservative in nature all tend […]
Source: http://www.flickr.com/photos/hackny/Short-term pessimism among individual investors rose to levels not seen last since last August, according to the latest AAII Sentiment Survey. Meanwhile, bullish sentiment fell for the fifth time in six weeks. Bullish sentiment, expectations that stock prices will rise over the next six months, fell 4.3 percentage points to 27.9 percent. This is the lowest level of optimism registered […]
