Financial Movers

Trader Stewie is undoubtedly a living, walking, swing trading legend. He's famous for trading Power Earning Gaps (PEG) and being able to chart better than any technical analyst in the industry.

I did the research. You just have to listen. 

When stocks and the overall market has increased a lot over a short period of time, it's difficult to know when the market will crash. To help understand if the market will bounce, or sink deeper, you must look back at past chart data, get a feel for market sentiment, and use support/resistance lines.

I did the research. You just have to listen. 

There are a lot of trading indicators being talked about. MACD, RSI, Moving Averages, etc. But are they all necessary and how many of them actually work?

I did the research. You just have to listen. 

After going on a win streak for a few weeks I finally hit a road block. I then began to go on a losing streak and decided to stop trading to learn why. I realized that I wasn't reading buy/sell volume properly and it was impacting my overall performance.

I did the research. You just have to listen. 

Last week stocks like Apple and AMD dropped (-19%) in two days. The entire Nasdaq was down (-10.2%), but were you able to take advantage of the sale? Always be ready. Always have cash reserves. 

I did the research. You just have to listen. 

The tech heavy Nasdaq was down by over 5% today as stocks such as Apple, Amazon, and Microsoft were down over 6%. If you were patient to buy then today provided you with a sale. If you were holding then a stop saved your butt. Now that there is a sale going on, I have a few things that I'm wanting to buy. 

I did the research. You just have to listen. 

It's August 31, 2020, and I decided to review my trades. Specifically, I reviewed all of my losing trades. Many of them were fine trades that just didn't happen to play out, but three were not. Kellogg (K), Newmont Mining (NEM), and Take Two Interactive (TTWO). 

I did the research. You just have to listen. 

I went 0/5 last week, but I didn't let that stop me from making gains. I averaged  (-1.24%) per loss and made all of it up on a single trade this week. Trading is psychological and requires persistence. Don't ever doubt yourself. Sometimes, trades just don't play out. 

I did the research. You just have to listen. 

Stocks that break through all time highs have a tendency to go parabolic and create new highs. It's easier to gain on a breakout rather than timing a bottom. So why do traders try to time bottoms?

I did the research. You just have to listen. 

As banks continue to gain more than +10% in the financial sector, many are wondering if they should also be invested into insurance companies. If so, which ones?

I did the research. You just have to listen.