Stocks kicked off the week with a bang today. The major indices opened at record highs and never looked back. Today’s rally was helped out by some positive trade news reported over the weekend. — RECOMMENDED — Join Teeka Tiwari at this free event to discover how to make more money in less time On … Read more
In some ways, I feel bad. Not everyone reads this newsletter or heeds its words. They laughed at my pronouncement the market would shoot higher off the Fed. And I let them… …it made their soul-crushing defeat taste all that more delicious. Yes, many traders stood aghast as the market closed Friday at all-time highs. … Read more
Editor’s note: Last week, Larry showed readers the importance of discipline… and how one of the simplest ways to attain it is by finding a mentor. While step one towards having trading discipline is finding someone successful to emulate, step two is finding the specific thing you’re good at, and becoming an expert at it. … Read more
If you want to be an effective trader who consistently rakes in profits… the best way to go about that is by keeping your strategy simple. I know, I know… it’s a little backward when you see the so-called quants and algorithms trading hundreds of times a day. The thing is, when we’ve got so … Read more
Sometimes the best trade is no trade. Great traders set themselves apart with monk like discipline— the mastery of self. Unlike a 9 to 5 job, there is no limit on how much you can earn in the stock market. However, just because the casino is open—doesn’t mean you should be. In fact, the best … Read more
The last few minutes of Thursday’s trading session primed the pump for the Friday drag race… as it appears no one wanted to be short stocks going into the weekend. SPY 5-minute chart Traders dove into long positions with reckless abandon as panic buying ensued. A combination of FOMO— sprinkled in with some margin calls— … Read more
What would you buy if you can easily earn an extra $200 per week? $500? Maybe even $1,000? The stock market is not that scary, and it’s not “just for the pros.” Average people are making money in the stock market daily. Why can’t you? Here’s the truth – you can. — RECOMMENDED — THE WINNING STRATEGY … Read more
A few nights ago, I got an email from one of my favorite investors… Teeka Tiwari. I don’t know if you know who he is or not, but he’s easily one of the top 3 most successful investment analysts in the history of the financial media… For example, he’s on record helping people see gains … Read more
An update on manufacturing activity Friday could provide a much more useful picture of the economy than the October employment report, which is expected to be unusually weak due to the General Motors strike. ISM manufacturing data is expected to show a contraction in activity in October, for the third month in a row. Manufacturing … Read more
U.S. stock index futures moved higher Friday morning ahead of key readings on monthly jobs numbers and the manufacturing sector. At around 7:35 a.m. ET, Dow Jones Industrial Average futures pointed to a gain of 42 points at the open. S&P 500 and Nasdaq 100 futures also indicated gains at the open. The Labor Department … Read more