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Who's In Charge? - Part 2

Who's In Charge? - Part 2
The selling in stocks accelerated this week and the major indices sliced through important areas of technical support that I pointed out in last we...

Who's In Charge?

Who's In Charge?
Stocks stumbled this week and finished sharply lower thanks to Thursday and Friday's persistent selling. However, late date buying on Friday at imp...

Is It Too Late To Buy Cannabis Stocks?

Is It Too Late To Buy Cannabis Stocks?
If you're interested in buying cannabis stocks you're no longer part of a minority group. Far from it. The masses are now involved thanks to Tilray...

Position Size - Avoid Account Destruction

Position Size - Avoid Account Destruction
Have you ever blown up your trading or investment account? I have and it sucks. After making a few successful trades in my first self-directed acco...

Faltering FAANG...

Faltering FAANG...
Facebook, Amazon, Apple, Netflix and Alphabet (Google) make up over 10% of the S&P 500. When a couple of these names begin to stumble it's refl...

Long In The Tooth...

Long In The Tooth...
The bull market in the US on Wednesday of last week became the longest on record, turning 3,453 days old. But is it really the longest? From Bloomb...

Wine, Beer, Spirits & Cannabis...

Wine, Beer, Spirits & Cannabis...
The North American equity markets were relatively flat to modestly higher on the week as the slow summer trading action continues. I would expect ...

One Trillion...

One Trillion...
The race to One Trillion is finally over and Apple has accomplished the feat closing the week at a market capitalization above 1T. Here's what a $...

Total Domination...

Total Domination...
One Rich Human... Thanks to the performance of Amazon's stock (hitting a market cap of $900 billion this week) Jeff Bezos has catapulted to the top...

Tech Monsters...

Tech Monsters...
The NASDAQ reached all time highs this week thanks to the mega cap stocks or FAANG (Facebook, Amazon, Apple, Netflix, Google). This trend never see...

No One Rings a Bell at The Top

No One Rings a Bell at The Top
There's no magical indicator or chart formation to tell us that we have in fact seen the top in stocks. Like the perma-bears, many will try and predict the top only to be wrong year after year until it happens. Then they will tell you they told you so. This isn't very helpful. 

The World's Worst Teacher

The World's Worst Teacher

I'm sure there are some pretty bad teachers out there but the stock market has to be one of the worst.

To get into "stock market school" you don't have to apply to be accepted and anyone can attend. You just open an account online, transfer in some cash and you can buy and sell with no plan, trade without stops, buy the hottest inverse or 3 times leveraged ETF, pick bottoms and tops and you might actually make money. 

This is why the stock market is a horrible teacher.