Back in November, I guessed right about Trump winning the election. However, I guessed wrong when it came to the direction the market would go. And I lost a fair amount of money because I failed to take something into account: the demographics of people who are market movers.« Continue »
Investing: When is Technical Analysis Useful?
I know people who go all in on one philosophy. They’ll either only look at the fundamentals, or only use technical analysis. Honestly, this is not healthy. Investor sentiment drives the market. And investor sentiment, barring any external factors, follows certain patterns, which is why technical analysis is so useful. But one would have to be a fool to ignore external factors.« Continue »
Why I am Concerned about the Markets
There is a great deal of excitement in the markets. The S&P 500, DJIA, and Nasdaq continue to break all time highs. But I am very concerned. There are a number of factors which driving the probability of a crash higher. Furthermore, the probability that the crash will be deep is being driven higher as well.« Continue »
The Catch in the Bank Fueled Bull Market
The growth of banking stocks in the last few quarters have had a significant impact on the bull market, but there is a catch. While everything seems to be doing great in the markets, a good portion of the recent growth has been due to banking stocks, and that is not necessarily a good thing.« Continue »
Investing: Less Than $10K
“How should I invest $x?” Under a certain amount, my answer will be the same. Focus on stocks, bonds, and precious metals, and use a low cost broker like Motif Investing for stock purchases.« Continue »