Throughout the course of an average trading week, you’re probably faced with 5 to 10 different things that make you say, “Man, if I knew that was going to happen I would have exited that stock.”
If you are still in gold or gold mining stocks, then the dollar laid a hard one right on your face.
So what should you do from here?
Two things: sell and sit on the sidelines.
In the video below, I will show you some of the things I outlined in a previous video that have come to pass. While the longer-term trend for the dollar index continues to be negative, I explain why you should be sitting on the sidelines.
Nokia released the news in July about a $200 million deal to sell its wireless modem business to Japan's Renesas Electronics Corporation. Per the agreement, Nokia will send its wireless modem technologies for LTE, HSPA and GSM standards and about 1,100 Nokia research and development employees to Ren.... More »
There is another type of trading that is more lucrative than trend trading. It's news trading. It's also a lot more risky.
I lectured awhile back on how to spot opportunities in diverse events like the Christmas Day Bomber, and The Shoe Bomber.
The trick is being in the right mindset to where .... More »
The VIX Index was developed by Professor Robert E. Whaley in 1993.
VIX is the ticker symbol for the Chicago Board Options Exchange Market Volatility Index, a popular barometer of trader sentiment and market volatility of S&P 500 index options. Often referred to as the fear index or the fear gaug.... More »
Stock trading is a great place to make money if you know how to do it efficiently. Many people at any age can succeed selling and investing in the stock market. You may be thinking that it is too good to be true. Fortunately, it is actually true.
A person just needs to be trained and ge.... More »
We just made another 13% in gains today! That's a 23% gain on Friday, plus another 13% today! Wow! So how did I do it? I used the Gap Open strategy with VelocityShares Daily 2x VIX Short Term ETN (TVIX).
On Friday, TVIX did a gap up open. Of course I wasn't going to chase. Within minutes I saw it.... More »