patience

The Market Is Slow, So Play It Slow

This has been a weird June.  The SPX is up like 5 handles.  The Dow is flat to up maybe one percent.  If it wasn’t for biotech, where would the Nasdaq be? Really.The best way to deal with any issues in trading is simple…listen to what the market is telling you.  The choppier the day to day action has been, […]

Suddenly, the stock market is worried about Amazon's profit-free …

Amazon shares have had a terrible start to 2014. And today, it’s gotten a lot worse.Shares of the online retail behemoth are down about 9% today alone. They’ve fallen 23% in 2014, compared to roughly flat performance for the S&P 500.As we discussed yesterday, the e-commerce giant’s revenue growth has been astonishing for more than a decade. But Jeff Bezos […]

Bitcoin Technical Analysis Was on the Mark – LewRockwell.com

Bitcoin Technical Analysis Was on the MarkMichael S. Rozeffhttps://www.lewrockwell.com/lrc-blog/bitcoin-technical-analysis-was-on-the-mark/

On the basis of technical analysis of bitcoin’s price and volume behavior, a sell signal was evident on 12/2/2013 at a price of $1140. After that date, bitcoin has sold as high as $1,230 and as low as $576. Its last price was $826. That’s strong evidence of a correct forecast from […]