Good Morning fellow traders and investors, Happy Monday! It feels more like a “lay off” season than it does an “earnings” season… Markets posted broadly green indices on Friday, which I’m not complaining about. We’ll take them every chance we get! The Nasdaq notched out 3 straight weeks of gains. With that said, Google has…
How would you feel if you came to your desk or better yet opened up your work terminal from your home office to find out you’ve been whacked. That’s right… your job, your bennies, your retirement contributions… they’re all gone in less time then you can grasp it’s even possible. Just yesterday you were planning…
Goldman Sachs posts its worst earnings miss in a decade as revenue falls while expenses rise: Goldman said quarterly profit plunged 66% from a year earlier to $1.33 billion, or $3.32 per share, about 39% below the consensus estimate. That made for the largest EPS miss since Oct. 2011. Revenue held up better, at $10.59…
Good Morning fellow traders and investors, Happy Tuesday – I hope you enjoyed your long, 3 day weekend! You can look back in a year from now on an incredible journey . . . January is a weird month because it bears the regrets of spending too much during the holidays, it’s also the start…
What’s your stock picking process look like? Today I’m going to share a glimmer into my stock picking “process of elimination” with you by breaking down what I factor into consideration: FACTOR #1: Momentum The momentum factor alone can be a total hit or miss. Some years, it was the gleaming factor: 2015, 2017 and…
I love investing in smaller companies, after all – I come from the mom and pop Main Street, small business business world. I’m just as happy investing in a pizzeria on the corner of a strip mall as I am a small cap, Russell 2000 stock! Smaller stocks tend to outperform large stocks over time. …
Supply and Demand Drive the Price of Oil and Gas This is mostly true, but there’s a bit more to it than that. The rules of supply and demand are pretty straightforward: When demand is low, supply is up and prices are down. When demand is high, supply is low and prices are up. Oil…
There are seven skills that a trader needs in order to survive and be successful. Without discipline, no trading system will be successful. Without risk management, a trader will certainly blowup their account. Without passion, a trader will not have enough energy to get from new trader to rich trader. Without perseverance, new traders will…
In my opinion, biographies are some of the best books you can read. You get to extract helpful lessons from outstanding and accomplished people: scientists, inventors, entrepreneurs, activists, military heroes, and the list goes on. You’ll notice, however, that many famous people about whom biographies are written — especially great leaders — all hold a…
There’s no doubt it feels good to be an expert. People ask for your thoughts and deeply value your advice. But there’s merit in constantly finding ways to be a beginner again. Being a beginner is uncomfortable and sometimes downright scary, but experience can make you stagnate. This isn’t to say you should forever think…