Stocks

Trading the S&P 500 With a Simple Chart

Trading the S&P 500 With a Simple Chart

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...
Why Popular Momentum Indicators Don’t Work

Why Popular Momentum Indicators Don’t Work

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...
Why Stock Charts Work: The Tesla Stock Example

Why Stock Charts Work: The Tesla Stock Example

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...