Referred to as a market momentum indicator, the absolute breadth index (ABI) is equal to the absolute value of the difference between the advancing issues and the declining issues. It shows how much activity and volatility and change is taking place on the NYSE while ignoring the direction prices are going. It shows only market
Larry Williams, a trading veteran of over 40 years, is the author of How I Made A Million Trading Commodities published in 1973. In 1987 he took $10,000 to $1.1 million in a highly publicized real time trading championship. Williams’ contributions to the world of technical analysis include his Williams %R, Williams’ Accumulation/Distribution and Ultimate
George Soros, born György Schwartz on August 12, 1930, in Budapest, Hungary, has become one of the most influential investors and philanthropists in modern history. His remarkable journey from Holocaust survivor to billionaire financier has made him both a financial legend and a polarizing figure in global politics. Early Life and Education Soros grew up
By Larry Jacobs Larry: How have you been? Dan: I have been very good and busy. Last year was probably my most profitable year and my biggest dollars gain ever since I started trading. I had some big winners such as Google, Apple and housing and oil stocks. The majority of my money was made
This classic momentum indicator was first popularized by George Lane. Stochastics are based on the observation that in an uptrend as prices increase, closing prices gravitate to the upper end of the price range. In downtrends as prices fall you expect prices to close at the lower end of the range. The stochastics indicator compares