Market Update: Bulls Are Still Fighting Tuesday’s update said, “As long as the major indices stay above their respective 50 DMA lines, the bulls remain in control.” So far, that is exactly what is happening. The market refuses to fall in a meaningful fashion, big institutions defended support (so far), and money is rotating into undervalued areas. On…
When to Sell a Stock Selling your stocks at the right time is arguably the most challenging part of trading. …and it is fraught with emotions! There are times when we are wrong and we must exit at a loss – that is hard! There are times when we buy strong stocks that…
Market Update: Cracks Beginning To Emerge As long as the major indices stay above their respective 50 DMA lines, the bulls remain in control. But beneath the surface cracks are beginning to emerge. We saw the market fall hard on heavy volume on 5/17 then rally back on light volume and hit new highs. Then, on…
What is a Simple Moving Average? Investopedia.com defines a simple moving average (SMA) as: “A simple, or arithmetic, moving average that is calculated by adding the closing price of the security for a number of time periods and then dividing this total by the number of time periods. Short-term averages respond quickly to changes in the…