As the major stock markets turned down in late 2007 and then started to rally in March 2009, many people who believed in fundamental analysis have begun to question its validity. Famed technical analyst and Elliott wave expert Robert Prechter has long called for the bear market we are now in the midst of. (He views the rally of 2009 to be a bear-market rally not the beginning of a new bull market.) But over the years, his methods of technical analysis have been criticized. Here are his most ...
More new highs this week for the major averages as the market has started off July on a positive note. In my daily columns, I generally focus on the weekly and daily volume using my favorite volume indicator, the On Balance Volume. In my monthly starc band analysis of the stocks in the Dow Industrials, I place quite a bit of emphasis on the monthly OBV as it often will lead prices higher. This, combined with positive relative performance analysis and keying on monthly support, can ...
Dumbest Investing Ideas of 2014 Athlete IPOs. This year, San Francisco 49ers star tight end Vernon Davis IPO’d. Fantex Brokerage Services agreed to buy a 10 percent cut of all Davis’s future earnings for $4 million. There are so many reasons this is a not a good investment idea, but let’s limit our discussion to three: 1) You have limited ability to pick which companies are going to do well; what makes you think you have any ability to guess what any athlete’s future ...
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Mark Shasha, 1961 ~ Plein Air painter Mark Shasha is an Award-winning American artist. He is also an award-winning author and illustrator, an award-winning educator, an actor and a songwriter. His paintings, drawings and prints are found in public and private collections around the world and have appeared in museums and galleries for more than three decades. His children's books appear regularly on bestseller lists and have been read by millions worldwide. ...