by Michael Carr | Feb 25, 2020 | How to Guide, Stocks
Charts are popular among traders. According to legend, they have been used for hundreds of years with early traders in Japanese rice futures markets developing candlestick charts to help them forecast price trends. In many ways, charts are based on legends and as is...
by Michael Carr | Feb 25, 2020 | Stocks
Any beginners investor has learned about the S&P 500, or at least heard the term. The S&P 500 is an index that tracks the stock performance of the top 500 companies on the U.S. stock exchange. For this example on stock charts, we’re going to look at the...
by Michael Carr | Feb 6, 2020 | Stocks
Traders often turn to momentum indicators to understand the market action. Some traders use these indicators to try to get ahead of the market. They believe momentum leads price. It’s important to question assumptions and this one deserves to be examined. Momentum...
by Michael Carr | Feb 4, 2020 | Stocks
Stock charts are surprisingly controversial. Proponents study them for profits. Skeptics claim they are nonsense. Both arguments have some validity. Warren Buffett might be the most famous skeptic. He has supposedly said he knew charts were worthless when he held one...
by Michael Carr | Jan 1, 2020 | Stocks
Investor Insights: I just spotted a rare signal in the S&P 500 Index that screams “sell.” The last time this signal occurred, stocks dropped 12% over two weeks. Today, I want to show you how to trade the coming S&P 500 pullback and grab massive profits....
by Michael Carr | Dec 16, 2019 | Investment Opportunities, Stocks, U.S. Economy
Investor Insights: In the past two months, the Dow gained more than 5%. A popular topic is whether stocks are already in a melt-up today. Investors are right to worry because melt-ups often precede meltdowns. The end of the bull market in 2000 was a buying frenzy....
