A market sentiment indicator which shows the relationship between bullish and bearish investors. The Investors Intelligence Sentiment Survey (IIS) was launched in January 1963 by A.W. Cohen. The Bull/Bear Ratio summarizes the content of the IIS survey each week. The Bull/Bear Ratio is based on a weekly poll of investment advisors as to whether they
Leonardo Fibonacci discovered the Fibonacci Sequence – a series of numbers where adding the two previous numbers in the sequence provides the next number. The sequence begins with 1, 1, 2, 3, 5, 8, 13, 21, 34, 55…. The Golden Ratio, or Phi, is a number – approximately 1.618. The ratios of Fibonacci numbers converge
A hedge fund is private investment fund or pool that trades and invests in various assets such as securities, commodities, currency, and derivatives on behalf of its clients, typically high net worth individuals and institutions. In order to invest in a hedge fund you need to meet requirements set by the Securities and Exchange Commission.
Firm: BP Capital ManagementCity: Dallas2008 Age: 792008 Assets Under Management: $5 Billion Born in 1928, Thomas Boone Pickens, Jr. is chairman of the hedge fund BP Capital Management (BP standing for Boone Pickens). His father worked as an oil and mineral land man. Pickens attended Texas A&M on a basketball scholarship but transferred to Oklahoma
Three Black Crows is a bearish reversal pattern that occurs during an uptrend. The Japanese Candlestick pattern consists of three relatively long consecutive black candlesticks which close near or below the previous days lows.