Thought for the day, plus some posts on the Stock Market, Finance, Politics, and Life!
“There” is no better a place than “here.” When your “there” has become a “here,” you will simply obtain another “there” that will again look better than “here.” ~ Cherie Carter-Scott
“Some days are better, some days are worse. Look for the blessing instead of the curse. Be positive, stay strong, and get enough rest. You can’t do it all, but you can do your best.” ~ Author Unknown
The market (S&P) looks very good right now. We have broken the cycle of lower highs and lower lows (see chart below), so we now have to see if this uptrend can continue. We need to take out the high on 4/20/16 of 2111.05, for me to feel good about the uptrend. I expect a slight pullback next week as price is now outside the upper Bollinger Band and Stochastics are in overbought territory. For my trading this past week, I had my stops set too tight on Thursday (I'm testing a tighter exit strategy), and VTV stopped out +1.56%, and XRT +.91%. I'm still in VCR.
“It matters not how educated, talented, rich or cool we are. Ultimately the way we treat people proclaims who and what we are.” ~ Willy Nywening
A good article on things to watch out for with Financial Professional. I don't trust any of them and since I do my own investing, I only have me to blame when things don't go as planned!
“The less you respond to negativity, the more peaceful your life becomes.” ~ Author Unknown
A good article for those that don't know too much about investing. It is not as aggressive as I like for when you get near or into retirement age, but a good guideline.
A very good article on financial advice NOT to listen to!
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Disclaimer: Information on this website is to be used for educational purposes only. Information found here are personal opinions and not advice from a professional financial advisor or broker. All trading and investing comes with risk!