US stock markets fell yesterday indicating a new stock market warning with the Dow Jones Industrial Average dropping -0.25% while the Nasdaq sank -0.28% and the S&P 500 fell -0.11%. The fall comes after four days of rallies took global markets to a record value of $63.8 trillion and saw the S&P 500 hit another […]
finance
Friday’s finance links
In a new section for this blog, I have decided to start a series of posts called ‘Friday’s finance links’. Every Friday, I post some of the best links to finance websites and articles that I have found for the previous week. Friday’s finance links: Super rich: The greed game – Excellent video from BBC’s Robert […]
EUR/USD enters overbought condition
Currency markets saw some sharp moves on Wednesday as FX traders responded to a plethora of economic releases and statements by selling the US dollar and buying the Euro, Japanese yen and British pound. This has seen EURUSD enter an overbought condition that could lead to some short term downward pressure for the pair. Traders […]
Best stocks to watch this week
Best stocks to watch this week Traders have their work cut out for them this week and significant volatility could be in store. Not only will we see interest rate decisions from the ECB, BOE, RBA and Bank of Canada, traders will also be watching US non farm payrolls on Friday. However, all that could […]
Best Stock Picks This Week
Compared to recent weeks, financial markets should be relatively quiet, as we have President’s Day on Monday before a fairly light economic calendar. We will see FOMC and BOE meeting minutes and there will be some CPI data for traders to extrapolate but on the whole it’s a quiet week. With that in mind, my […]
How to buy penny stocks like Tim Grittani (and lose your shirt)
Penny stocks. We have all heard of them. But very few of us know exactly what they are or where to buy them. The very thought of them conjures up different images for different people. For some its huge wealth and for others its huge risk. For me, its huge spreads. i.e. the costs of […]
8-Rule Fundamental Trading Strategy
The best way to eliminate emotion and subjectivity from trading is to bring in rules that can be used to identify the best times to enter and exit from trading positions. The difficulty when implementing fundamental trading strategies is that obtaining historical, fundamental data for stocks is particularly expensive. Fortunately, using the models at portfolio123.com […]
4 Best Stock Screeners
There are over 8000 stocks listed in the US and nearly 4000 on the NYSE alone. With so many to choose from, it’s essential to have a method to whittle them down into smaller numbers. Here are my 4 best stock screeners, all of which are freely available on the web: Best stock screeners: 1 […]
5 best stock picks for next week
29 Dec 2013 Volume is still very light due to the holidays. Most traders are not yet back at their desks and there isn’t likely to be any big moves next week whilst traders are away. Markets will most likely tick gently upwards as a result of light volume. Nevertheless, here are 5 stocks showing […]
List of economic indicators to trade forex
Predicting the direction of forex markets, particularly on a short term basis, is no easy task. For longer durations, however, it is a good idea to see a list of economic indicators as these show the fundamental reasons why currencies move. Technical indicators work too, but they are best combined with the fundamentals. Below is […]
