•
Much continues as if half of the worlds wealth has not been destroyed over the past year. Families living at the margin are still booking trips to Disney. Pfizer is still copping Elvis to sell Viagra. The nouveau continues to trade in beamers for beamers. Don’t get me wrong the shift towards a more…
•
Recently I have tweeted 3 actionable index price patterns that I’ve observed amid the seeming chaos… These include 1. a longer term consolidation set up consisting of a v broad range followed by a series of higher lo’s and lower hi’s which is looking good so far, 2. the end of day extensions which…
•
Average market participants dread losing money in the market as much as agoraphobics dread the market itself. And sometimes they cope in similar maladaptive ways by avoiding realization of the fear, rational problem solving and resolution… In fact, one of my all time favorite terms in all of trading is realizing losses. There is…
•
first off let me just say that i have no position in etrade long or short… next, in light of recent events, if u have money at etrade, whether it is insured or not u ought to be getting it out of there asap… if there is even a remote chance that they go…
•
tumbling swine
•
Phil is the head of market research and community development at StockTwits.com and trades a private account in New York. He also makes angel investments in social media based start ups. He spent 4 years as a director at a behavioral finance focused long short equity hedge fund with 50 million in assets under…