I remain convinced that petroleum and its derivatives will play an important role in global energy security in the coming years. There is no estimate for alternative fuels that diminishes this role in the next several decades. …Nor is a scenario projected where we use less oil and gas than in the past. The driver,…
It doesn’t matter if you are day trading or swing trading — the 21 EMA can serve as an invaluable tool to you as a trader. Look, there’s lots of fancy indicators out there. It’s just about every week that something new comes along for you to spend a few grand on. But trading doesn’t…
As many of you know I run multiple trading services, each unique to themselves. I offer a LIVE trade room where DAY TRADERS gather every morning to trade with me. I offer a passive trading program, designed to allow SWING TRADERS to be unchained from their computers nearly all together while reaping massive profits. And…
BTC just broke $30K Unfortunately, the rest of the market isn’t doing so hot on the back of Fed Powell’s comments… Still, the surge in crypto has been significant – perhaps artificially driven? But, is this a bubble? Is it being driven by speculation, insane hopes and predictions, or even fears that the global economy…
If you didn’t catch the late starting and rather painful to watch oversight committee briefing, you didn’t miss much. Of course your run of the mill politicians were all spewing about how the current interest rate hikes are hurting their causes. Most of which consisted of climate change and racial equality. The last time I…
Hunter Biden has agreed to plead guilty to two federal misdemeanor crimes of willfully failing to pay federal income taxes and possession of a gun by a person who is a user or addict of illegal drugs in Delaware. We must be in the twilight zone. The first family is a bunch of criminals, on…
There’s one thing the Republicans sure do efficiently, and that’s internally divide their political party. It’s likely the reason they get nearly nothing done! Contrast this with their counterparts, the Democrats. As radical as their ideology is, it’s very rare that members of their party push back. I even believe this to be true for…
What’s your stock picking process look like? Today I’m going to share a glimpse 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…
For now. There’s likely to be several more basis point increases by the end of 2023. The Fed takes a posture of rates hanging around current or slightly higher numbers for several years before any consideration to pull back. They make statements like “… inflation is coming down really significantly.” And it makes me scratch…
It’s all too often that traders allow their pride to supersede their trade plan. It’s human nature to want to be right, but that’s not how you trade! Once you’ve developed a trade plan, it is vital that you stick to it. If you don’t you’ll be a wishy-washy trader, which will cause A LOT…
