It’s party time on Wall Street.
YOUR problem is that Wall Streeters just booked their sweet gains in the form of bonuses and you are chasing momentum.
The market is thick with breakouts and the price momentum is beautiful. There is no reason for 99 percent of investors to fight the tape.
BUT, you don’t chase [...]
We’ve previously posted about bank failures and how you can take measures to protect your deposits in coverage of a troubled banks list and of why you may want to close your money market account. Today, at Salon.com we came across an online campaign designed to help bank account holders find trustworthy local banking alternatives.
Dubbed [...]
Becuase of some strange arrangement with the URL reseller who sold me THIS URL, I am going to have to chase down the pointer so that I can redirect it to the new blog. When I get that done, I…
Source
If you’re looking for insight into how you should be responding to the “recovery” in the US economy, there’s actually a glimmer of sanity coming leading US companies. Right now major American companies are storing up more cash than at any other time within the past 40 years.
According to media reports, Citigroup and JPMorgan Chase [...]
The old stock market saying “buy low and sell high” is the opposite of what most individual investors do. While investors obviously want to see increasing returns, most inadvertently end up “buying high and selling low” instead. This is largely the result of human psychology and our tendency of wanting to chase yesterday’s hot returns.
When [...]
