Market News | by Tim Sykes
Penny stocks are for sketchy suckers, right? I mean if you’ve spent any time watching Jim Cramer on CNBC he’ll tell you that you can never make money trading penny stocks because it’s like “the Wild West”. There’s snake oil salesmen and cowboys everywhere just waiting to sling their guns on you and take your [...]
Featured, Stocks in Focus | by Tim Sykes
Today I’ve invited Tim Sykes to be a guest blogger on the site and help us understand pennystocks MUCH better! He’s a powerful trader in this niche, and he’s actually got a new video series that you should check out here. Please enjoy the article and be sure and get these free video lessons before [...]
Market Analysis | by Kirk
That’s right I said it – short the 10-year treasury bonds. They have been on a huge upswing of late and there will come a time when interest rates HAVE to rise to counter balance the debt structure of the US. It’s not going to happen overnight, but after nearly every single recession bond prices [...]
Market Analysis | by Kirk
Looking at a chart of the major traded index futures from yesterday and you can clearly see we are heading lower this morning. It could just be the technical break of the 1,040 level on the SPX that is causing the commotion. Remember we warned about it’s consequences earlier this week? Now are are flirting with [...]
Featured, Stocks in Focus | by Tim Sykes
I Wanted to get you this article as quickly as I could as it’s HUGE NEWS that could lead to some MAJOR changes. This article is courtesy of Tim Sykes, and I highly recommend jumping on his educational videos asap! As I wrote a few weeks ago, the failed Trader Monthly magazine editor-in-thief, as several [...]
Market Analysis | by Kirk
My main concern and thoughts this weekend surrounded the heavy selling we experienced last week away from the 200 day moving average. I said in previous posts that we needed to not only break that level but hold above it to really get the bulls going crazy – and that did not happen. From the [...]
Market Analysis | by Kirk
Another horrible example of BIG Government trying to step in everywhere they can. Mark my words – this reform bill WILL do more harm then HELP. With more regulation comes more costs which are going to be directly passed down to you all and myself. Since when did we become a country were individuals don’t [...]
Market Analysis | by Kirk
Mostly all of the hype this morning is a result of the announcement that China will end the peg of the yuan to the dollar which has boosted investors’ confidence in the global economy. The original two-year currency peg was adopted during the global financial crisis to protect exporters from currency values. Now, the “un-peg” is really [...]
Market Analysis | by Kirk
I said it yesterday and I’ll say it again – the long term Fibonacci retracement levels are very important for the SPX, DOW, NASDAQ, and RUT. Yesterday I mentioned that they were going to act as strong resistance until we see a slight pull back to gain some strength – and that they did. As [...]
Market Analysis | by Kirk
Moody’s has once again downgraded Greece’s credit rating – this time to Junk status. This is a huge move and could really sway the markets over the next couple of weeks. I’m almost certain that more downgrades will be coming especially for Spain and Portugal. Moody’s slashed Greece‘s rating by four notches (unheard of move) citing [...]
Featured, Stocks in Focus | by Richard Jacobs
With the recent world-wide economic recession that does not seem to be getting any better and with all the jobs getting laid off and employees getting a sharp cut in their incomes, everybody is looking for ways to save more. People need to know how to be more economical while spending, how to be efficient [...]
Market Analysis | by Kirk
The Dow Jones has had some really clear and easy to trade Fibonacci retracement levels. Notice that the flash crash hit one then we bounce again off the same level shortly before breaking it hard (a clear sign of strong support). And now we are hitting our heads on the same exact level as resistance. [...]