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Stocks Near Year-Long Highs…But Will It Last?

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Optimism has struck the Markets. But is in unbridled, and unfounded optimism?  What happened to all the pessimists?
The markets are approaching 2009 highs, which makes me wonder why?  I know that many investors are anticipating strong (relatively speaking) 3rd quarter earnings.
But based on what?  With the mortgage/real estate crises deepening, the entire financial sector is [...]

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When Nouriel Roubini talks, you’d BETTER listen!

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Do you know Nouriel Roubini?  If you have been paying attention to economic news over the past few years, you should be very familiar with who he is.
For those of you who have been living under a rock, Nouriel Roubini is an Economist at New York University, and is the Chairman of RGE Monitor, a global [...]

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And So It Begins…

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Don’t know if you caught this little bit of news this morning. But it seems that the first major economic power has started raising its federal interest rate.
 
Australia’s Central Bank raised its key cash rate by 25 basis points (0.25%) today, becoming the first of the G-20 banks to do so.
 
The expectation is that this is the first of many [...]

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Mounting Job Losses…And Traders Are LOVING IT!

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Did you see the announcement today?  Job losses are on the rise again, after shrinking for the last few months.
This raises the question about whether or not the economy is really stabilizing. You could ask 100 different economists and you would get 100 different answers.
Most people are scared to death about the state of the [...]

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Capitalize on Pre-Market Movement

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Did you notice anything happen this morning, about an hour before the markets opened? Most people didn’t. Most people don’t pay attention to pre-market movement.
In fact, most people don’t have any clue that you can trade pre- and post-market.  And these people are really missing out

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Happy Anniversary Bear Lovers

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September 29, 2009 marks the one-year anniversary of a truly monumental occassion.  It is an anniversary that most investors don’t want to celebrate.
On September 29, 2008, the Dow Jones Industrial Average suffered its worst point plummet in history.  To call it a “drop” is an understatement. The DJIA fell almost 780 points on that fateful [...]

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What Is The Worst Thing That Can Happen To A New Trader? The Answer Will Surprise You.

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I received an interesting email the other day, asking a very intriguing question.
Its a question that made me pause and reflect for a while. I didn’t really have an immediate answer.
Oh, I had several ideas pop into my head immediately, but I quickly realized that these weren’t the right answer to the question.
The question was [...]

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Fed Day – A Trader’s Favorite Holiday!

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If you have any investment experience at all, you have heard of Fed Day.  You are no doubt familiar with the “Fed Funds Rate” announcement. You’ve seen the market react to changes (or lack thereof) in this rate. You know that Fed Day affects the market.
This trading holiday occurs 8 times a year. I call [...]

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Are You A “Beaten Monkey” Trader?

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Have you ever heard of the “Beaten Monkey” Syndrome? Nearly everybody on the planet is in some way, shape, or form affected by this syndrome, and most don’t even know it.
Basically, the theory is that a monkey (or a dog, or another animal of higher intelligence) that is mistreated, physically or emotionally, will cling more tightly [...]

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Trading and the Symphony – Trading is an Art, NOT a Science.

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Have you ever been to the symphony?  Or to a high class broadway play?  Have you ever enjoyed a concert?  Or even a really good piano recital? Have you ever marvelled at a piece of art, or  a sculpture?
Artists are some of the most revered people who have ever lived on this Earth. You recognize [...]

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