This week Mit Romney released his 2010 tax returns showing that he paid taxes at only a 13.9% tax rate. Newt Gingrich and the Democrats seized on this, calling this completely unfair, especially when it became clear that Romney was making $57,000 per day. The real question investors should ask is…when have the Markets ever been fair? Has any full service every said to an investor…we are going to be fair? Read more »
On Wednesday afternoon, Fed Chief Ben Bernanke expressed a gloomy view of the U.S economy, saying that it was still entrenched in an extended period of slow growth. Considering that slow growth began with the 2007 collapse of the financial market, it could end up being the proverbial “seven year stretch”. GDP is being released Friday. he was giving us fair warning to expect an even lowered U.S. growth rate. And for those unemployed, in so many words, he said “don’t hold your breath.” Bottom line…he was broadcasting that another round of Quantitative Easing (QE) was coming. Read more »
The Financial Futures Market offers a unique allure to professional day traders, far more so than trading individual stocks, or even stock ETF’s such as the SPDR’s. To sum up the attraction in one word…leverage. Read more »
Today we are all facing a wide range of economic conditions. Month by month, the Market has gone up or down, sometimes up and down mid-month. And not by just a little. This year we have seen volatility on steriods, with so many traders left holding the proverbial “equity” bag. The point is…learn to limit your market exposure through diversification. While diversification may, on the surface, appear to limit your portfolio’s growth rate, overall you might just find a more consistent trading performance accompanied by a significant reduction in risk. Read more »
There are several fears that most traders face every day. Traders who are consistent have learned to handle these fears. Traders who are not consistent cannot seem to overcome these apprehensions. Read more »
Over the last few weeks the Market has rallied from its summer lows. The question on everyone’s mind right now is, could this really be a breakout Bullish run to the end of the year or is this just another Bear Market rally. Every time the Market gets ahead, it takes a giant step backward. Right now it is hard to make the call. Read more »
Many traders believe that Stock Market prices are strictly random in nature. Although prices appear to be random to the naked eye, they do in fact follow a distinct pattern, known as a trend. The key to trading successfully is being able to identify the trend from the outset. One way is through the use of “Fractal Geometry.” Read more »
For the last several weeks, the Occupy Wall Street Protests have been ongoing. Now over 900 cities around the globe are taking par in the movement, from Europe, Africa, Asia and North America. It is no wonder. Today Citicorp was upbeat when it released its quarterly earnings report. This comes on the heels of an upbeat JP Morgan Chase that released positive earnings last week. Bank of America is coming up. How did they do show good profit? Ever hear of a little known accounting rule change in 2010 called DVA, designed just for them? Read more »
For over 35 years, all crude oil transactions world wide have been made with the U.S. Dollar as the underlying currency. When the Dollar value is weak and falls in relation to the Euro and Yen, oil prices rise, causing what is known as Petrodollar Inflation. Want to improve the world economies…get off the US Dollar standard. Read more »
The Securities and Exchange Committee is proposing to build a multi-billion dollar computer system to monitor stock trading real time. The proposed system, called Consolidated Audit Trail, or CAT, is designed to specifically track high frequency trading robot (HFT) trades. The question is…will CAT actually work or will it ignore the real problem. Read more »