It might be fun to pick stocks, but it can lead to big losses if done wrong. I share how to pick stocks the right way so you can stay with the market.
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Earlier this year, annuity guru Stan Haithcock released his book The Annuity Stanifesto. Haithcock is a well-known annuity expert, often lauded for his independent advice and transparency about the realities of the annuities market.
If you are asking yourself what a 529 plan is, you are not alone. According to a survey by investment firm Edward Jones, less than 30 percent of Americans know what a 529 plan is. That is unfortunate because it may be the best way for you to prepare for your child’s college years.
Stocks like Netflix, Inc. (NASDAQ:NFLX), Tesla Motors Inc (NASDAQ:TSLA) and even the iShares NASDAQ Biotechnology Index (NASDAQ:IBB) are all taking a heavy hit today. This is somewhat unusual on the first day back from a three day holiday weekend. Additionally, it is strange because these stocks have been leading the charge and taking the markets to new all-time highs recently. ...
This morning, the stock of the leading independent oil and gas production company Chesapeake Energy Corporation (NYSE:CHK) is falling lower by $1.92 to $29.16 a share. Earlier today, the company completed a spinoff of its oil services business Seventy Seven Energy (NYSE:SSE). This spinoff has caused Chesapeake Energy Corp (NYSE:CHK) stock to fall below its important 50-day moving average on the charts. Short term traders should watch for near term support around the $28.50 level. Should the stock fail to hold up around this level over the next few days there will be much more daily chart support around the $25.00 level. Both levels should be defended by the institutional money when reached initially. ...
Technical indicators are used for trend following, and they’re also used for contrarian investing (which is another investment strategy that I will discuss in a future post). In this post, we’re going to focus on the technical indicators that are most commonly used for trend following.