My friends, this is what a bull market looks like! Just look at the chart above! The market ended higher last week as investors digested a slew of mostly positive earnings and economic data. The big economic news came on Friday when the government reported a stronger-than-expected jobs report. So far, earnings are mixed to…
There are only 3 ways a market can move: up, down, or sideways. Trending Markets Move Up & Down Uptrends are known as bull markets. In the simplest sense uptrends occur when markets are moving up. The definition, of an uptrend varies depending on your time frame. A day trader tends to look at…
Over the past decade, I have studied many of the legends of Wall Street and have noticed several overlapping similarities in their thinking. The following list outlines great lessons from wall street legends, regardless of their investment style or background (these are not in any particular order): Trade on what you see happening, not on what you think…
The market ended mixed last week as investors digested a slew of earnings and economic data. So far, earnings are mixed: Netflix, Facebook, Amazon, and Google reported earnings and Netflix and Facebook are up, but the others are down. Several other well-known stocks reported earnings last week with the reaction still mixed. The Dow ended…