Gold Up Nine years In A Row!

For the ninth year in a row Gold finished higher year over year. The close on December 31, 2008 was $879.98 and with an hour to go, Gold is currently at $1,096.30. That is a gain for the precious metal of 24.6%. Silver is currently just shy of $17 up from $12 [...]

Does HFT Pose A Danger To The Market?

Joe Saluzzi has been worrying for some time about High Frequency Trading (HFT). Here, courtesy of Jesse’s Café Américain, is Saluzzi talking abiout the subject again. My understanding is that the HFTs don’t add liquidity and can give us a whopping headache if they stop trading or hit bids in some news event. [...]

An Historical Look At The DOW

Sometimes we need to see the forest for the trees.  You don’t often see the DOW with any ong term perspective.  That’s why I was struck by this chart of the DOW going back to Sept. 1960 in Colin Twiggs Incredible Charts.

I was registered as a broker in Sept. 1968. I was told by [...]

Healthcare Companies Re-visited

Now that it looks as if the Democrats have bribed enough senators to pass Obamacare, even though a majority don’t want it, it’s time to follow up on my August 2nd post about the ETF for healthcare IHF.
I wrote then, “With all the political debate about government run health care, are (the major healthcare companies) [...]

Is S&P 500 Getting Ready to Skyrocket or Collapse?

There’s no doubt about it, for the past four weeks the S&P 500 index has been trapped in a trading range.
In Adam Hewison’s  new video looking at the S&P 500 index,  he shows you a key level to watch this week. If this level is broken, it will be a game changer for this index.
As [...]

What do super-traders have in common?

How much do you think you could learn if you had a chance to sit down with over 15 of the most successful day, value, and long term investors of all time? Do you think you’d finally get that one piece of advice that takes your trading from OK to extraordinary? Today you have the [...]