Litecoin goes beyond 14 this morning, only to be pegged back with a firm bear tug. Let’s take a closer look at the current LTC/USD hourly chart below (click to expand): I asked the question in yesterday’s analysis, “Will the bulls have enough to break the this latest resistance?” Well, the market has unequivocally answered […]
Even factoring in a rough conclusion, cannabis stocks had a phenomenal first quarter.
Being bullish on this sector could lead to huge gains if correctly positioned, but it also could mean detrimental losses if the sector is misplayed.
A lot of traders are ‘all in’ on cannabis stocks. There is no reason not to be bullish on marijuana stocks, but traders must […]
Bitcoin has been up and down this morning, applying some technical analysis to this seemingly crazy move sheds some light. Let’s take a closer look at the BTC/USD M30 chart below: I’ve performed the Fibonacci study from the last major swing high on M30 on the 19th at 625, to the low at 575, just before this yo-yo […]
PPC/BTC Technical Analysis – 14th March 2014 By Ashton Fraser on March 14, 2014 in Trading For today’s PPC/BTC technical analysis, I’ve performed my Fibonacci study based on the M30 chart, from the last major swing low of the past year at 0.00496, until this week’s high from yesterday, at 0.00537. (Click on chart below to expand): Zooming […]
Last week we discussed the upcoming seasonal bias to the S&P 500. How do we know this? Thanks to our trusty seasonality chart on the S&P 500.Phil Erlanger years ago created a great tool for seasonal tendencies for stocks, indexes and ETFs. The current reading on the S&P 500 or even the Russell 2000 is key for all investors.The months […]
Many people dream about investing in stocks and making a lot of money, but how many actually do it? Let’s face it, there is risk involved with online stock trading, which means you should only proceed if you feel ready.Below are some of our best tips for online stock trading:Understand what you are tradingThere are many different ways to trade […]
In How to Trade in Stocks, Jesse Livermore discussed “the folly of trying to find out a good reason why you should buy or sell a given stock.”He wrote in the context of the behavior of U.S. stocks, whose four major sectors – including steel makers – had risen after World War 2 began. While other sectors continued to advance, […]
