What is the difference between "long-term trading" and "going
long"? What does it mean to go 'short'? Are equities and stocks
the same thing? If you need help with these questions and want
to know more about the terms and trading jargon you hear and
read every day, then we invite you to sign up for this week's
webinar.
If [...]
Let’s get this out of the way.
S&P 500 Forecast
The S&P 500 is going down, at least to 650 and maybe as far 400. Take a look at this chart:
There are some scary things about this chart. First, there is no sign of support anywhere until 450. We’ve broken out of the double top, and volume [...]
With the 8000 support level succumbing to downward pressure, the bottom targets for all 3 major indicies has to be revised downward. In my article "When Will the S&P 500 and Dow Jones Bear Market Hit Bottom?," I made the predication that the bottom would come around May, 2009. I made that prediction with the belief that [...]
There is now absolutely no question that crude prices are controlled by speculation. Crude oil futures have plummeted in direct correlation with the overall markets this week. Clearly demand for oil and gasoline haven’t dropped by 50% over the past 3 months, but the price of crude has.
This brings me back to my point that [...]
With the markets tanking, many wise investors are wondering when and where will the bottom be put in so that they can return to investing.
Before I give my forecast, let me start by saying that from a technical standpoint, we’ve seen these downard signals, levels and patterns reached before, just never this quickly.
S&P 500 Bottom [...]
