Learning to recognize key turning points in markets is one of the most important lessons any trader can learn, according to Dan Zanger, the world record stock trader and author ...
By Tim Racette The Market Internals are similar to the instrument cluster on your car, without them you really don’t know which direction you are headed or how fast you’re ...
An Operator Whose Science and Ability Place Him in the Front Rank – His Remarkable Predictions and Trading Records By Richard D. Wyckoff, Ticker and Investment Digest Sometime ago the ...
By Dan Zanger Albert Einstein once said that insanity is doing the same thing over and over again and expecting different results. In trading, that would be comparable to losses week in and week out without re-evaluating your approach. Take the Trader’s Insanity Test So here is a quick test to see if you qualify […]
On Tuesday the Euro rallied to its highest levels against the US Dollar since January 22nd. The common currency was buoyed by news that the new Greek government, led by the left-wing Syriza party, ceased demands for a write-down on its foreign debt. As an alternative, the left-wing party has proposed to its creditors replacing […]
Shares of Apple (AAPL) soared on Thursday to trade within 50 cents of the the all time high of $119.69 reached November 25th of 2014. On Tuesday Apple reported fiscal first quarter earnings of $74.6 billion in revenue and a net profit of $18 billion, the biggest quarterly profit ever made by a public company. […]
COMEX gold futures fell sharply in Thursday trading, as the market digested the Federal Reserve policy statement released on Wednesday. The FOMC voted unanimously to keep interest rates intact until at least the summer of 2015. The central bank presented an upbeat view of the US economy, citing expansion “at a solid pace”, while repeating […]