Bitcoin: The New Safe Haven?

Bitcoin prices plunged more than 25% over the weekend of July 17th, 2017. In one weekend, Bitcoin, lost $10 billion, in market cap due to the crash. On Monday morning, July 17th, 2017, the Bitcoin market recovered 30-40% of that loss. In the … [Read more...]

Alternatives to Trading in a Shaky Economy

Almost six years later, the recession of 2007-2008 hovers on the edge of rearing its ugly head again unless the major world economies find a way to stabilize and steadily grow. The unemployment rate and the American economy have had some relief, … [Read more...]

Growth in the Use of Binary Options (Why people are choosing them)

Binary Options are everywhere these days.  Today we will look at what makes them so appealing and why traders are switching from trading pure Forex, stocks or commodities to trading Binary Options on the same asset … [Read more...]

Risk Management- The Key to Safe Trading

Risk Management Trading the financial markets can be a great way to generate income and grow your wealth. At the same time, it can also cost you a lot of money if you make the wrong choice or if you don't know what you're doing. The key to being … [Read more...]

Determining Currency Trends in the Forex Market

  Editor's Note: It is always a good idea to look at charts one or more levels bigger than the time frame that you are trading. If you are trading short term (scalping)  minute by minute look at the hourly and daily charts. If you are day … [Read more...]

3 Bears for the Markets

These days there doesn't seem to be much in the way of good news out there anymore. What with Greece, the looming recession and all the market technicals looking negative we have three big bears (at least) roaring in our faces. In today's commentary … [Read more...]

Market Parallels to 2000 and 2008

The typical financial disclaimer reads, "the past is no predictor of the future" but learning from historical markets is definately a good thing to do. For some time now Robert Prechter has been telling us to expect a double dip with 2008 being the … [Read more...]

Stock Trends by Month

By Tim McMahon, editor I read quite a few books on investing strategy every year but one that sticks in my mind is by legendary investor and trader Larry Williams called The Right Stock at the Right Time. In it he outlines the monthly and yearly … [Read more...]

Six Straight Weeks of Decline Take DJIA Below 12,000: What Now?

Before blaming falling stocks on the most recent weak economic reports, let's check some dates. As of June 10, the Dow has suffered the "longest losing streak since the fall of 2002. The market's last seven-week stretch of losses began in May … [Read more...]

Is Gold in a Bubble?

In his May True Wealth newsletter, Steve Sjuggerud said, At the peak of an asset bubble, prices go "parabolic." In a bubble, the asset's chart goes from "humming along nicely" to "straight up." A good example is the NASDAQ back in 1999-2000. In … [Read more...]