The Higher Purpose to Trade

Sure, we all want to make money but the that’s just part of it. What you do with the money is the other part. One of our members, Darold, puts his profits to the greater good: helping children in third world countries. Not just the normal donations but he and...

Market Update – Feb. 11-22, 2019

Monday began on a losing note as nervousness ahead of the upcoming trade negotiations between the US and China loomed heavy. SPY opened in the low 271’s and inched its way downward throughout the day. Even strong gains from the energy, industrial and banking sectors...

Market Update – Feb.1, 2019

Earnings season plays a crucial role in the performance of the market. Most days, stocks fluctuate based on expectations – in earnings season they move on data. Monday morning was dominated by the bears as the markets grappled with a slowing global economy and...

Market Update – Jan. 14-18, 2019

As the holiday season washed out and traders began to return from their vacations, one of the first “regular” weeks of trading in 2019 was ruled by optimism. Here’s how it panned out. SPY began in climb out on Monday, starting off $256.86. Worries over global economic...

Are You and Impulsive Trader?

Impulsive trading is any trade outside your specific strategy. We all do it, even professional traders, although we like to recognize it as such and quickly exit or get in and manage accordingly. Some say impulsive trading is lack of discipline. Only partially...

Market Update – Jan. 4, 2019

News events have an uncanny power to shift markets. Particularly in uncertain times such as these, each heavyweight news story seems to have a life of its own – and when they come about, other influences seem to vanish. The week began with the last trading day of...