The summer is here and tax season has ended. There are those out there who owed the IRS money and those still recovering from the payment made in April to cover taxes in 2010. My name is Dennis, I am a Certified Public Account (CPA) from the Keystone State and I will be writing a… [Read more…]
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PowerShares QQQ (QQQ) is above the 200-day moving average signifying it’s in a longer term uptrend. The 2-period RSI is below 20 telling us the stock is short-term oversold and due for a bounce higher. ProShares Short QQQ (PSQ) is below the 200-day moving average signifying it’s in a longer term downtrend.The 2-period RSI is… [Read more…]
Apple Inc. (NASDAQ:AAPL) is down 1.35% or $5 in pre-market this morning on news that Nasdaq 100 is planning a rare rebalancing of the stocks that make up the index. AAPL, which is currently weighted at 20%, will shift to a new weighting of 12% on May 1. 81 other stocks will also have their… [Read more…]
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From the Article: “Even more to the point, trading like a professional means, above all else, being successful whether the market is moving up, down or sideways. It is about balancing your portfolio with strategies designed for different conditions.” Take the Bull by the Horns in the February 2011 “Markets of the World” issue of… [Read more…]
Inner Lion Outer Space Macro Forces in Market Confound Stock Pickers Fish Market: How the flash crash has turned stocks into fish Goodbye Proprietary Trading, Hello Loophole Reuters Social Media aka Twitter Policy 15 Inviolable Rules for Dealing with Wall Street The Allais Paradox
May 25, 2011
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