I sat down with David Berman at the Globe and Mail in Toronto this week and discussed short term trading. Day trading gets a bad wrap and I think some of the criticisms can be justified. If you are not prepared to control risk or dedicate your professional life to the endeavor, then you will…
Apple ($AAPL) reports after the closing bell tonight. There are few more anticipated numbers than this one. Everyone either has a position, an opinion or an allegiance. What’s more, Apple’s report and its price response will have a significant effect on the broader market, especially the $NDX, at least over the near term. Yet,…
Back in the day, before NASDAQ 5000, Intel, Microsoft, Dell and Cisco were known as the 4 horsemen of the NASDAQ as they dominated the index and created incredible wealth for shareholders over an extended period of time. It will be 12 years in March since the NASDAQ crash began and these stocks have…
Over the course of 2011, The S&P 500 ($SPX) ended trade at 1257 precisely where it ended 2010. The resulting candlestick on the yearly chart is commonly called a doji among chartists. Its tricky making assumptions about the meaning of this or any pattern. Unburdened by interpretation, the candle represents a summary of…