A Bloody Valentine… -$6k in Day Trades What’s up everyone? Finishing the first day here in Boston in the red, which is obviously not how I wanted to start the week. This has been without a doubt a frustrating month, and it’s reminding me of April of last year where I had an incredibly […]
A preferred stock is an ownership stake in a public company, which unlike common stock, has a higher claim on its earnings and assets. Stakeholders of preferred stock can, therefore, benefit by receiving high dividends during the good times when the corporation has made huge profits and decides to distribute the excesses to its shareholders. […]
Extrinsic value is a term from derivatives trading that measures the difference between the market price of an option and its intrinsic value. Because options are most often priced directly on mathematical models of the underlying stock’s current and historical price (the intrinsic value), the extrinsic value is a measure of the decay in value […]
+$13,161.31 As Market Bounces 500 Points At The Open! The market dropped another 1,000 points yesterday. My only goal today was to close the morning green and I did it, up $13,100. A little bit of redemption, I wasn’t expecting it today. I really wasn’t. I thought today might just be a $500,000 day. […]
Fear Sets Into Small Caps As Market Drops 400 Points The markets are down 400 points right now as I’m doing this recap. We are in a very choppy environment. What I’m finding is that this is not the time to swing for home runs. Right now, you got to go for base hits. […]
Acorns is a California based start-up launched on August 2014 and created by Walter and Jeff Cruttenden. The company has modernized micro investing by pooling all your purchases (credit and debit cards) and using the change to invest in a number of asset classes. Basically, the app uses a computerized investment approach to round up […]
+3.6k As Market Bounced 900 Points Off Yesterdays Low! What’s up everyone? All right. So after yesterday’s 1,000 point drop in the market, today I had one goal. It was just to get in, get green, and get back out. I did it. I finished the day up $3,600. I didn’t overtrade. I just […]
Red Day Recap on Day 26! What’s up everyone? All right, so here we are, 26th day of 2018, finishing the morning in the red again. This has been a choppy week. I mean the market dropped 1200 points, bounced back up today, continuing a little bit higher. I’m having a hard time finding […]
Fiat currency is any government-backed legal tender that is not backed by a physical commodity. The term comes from the fact that the currency is given value based on the dictate, or ‘fiat’, of a government, and not based on some intrinsic value recognized by those who use it. Most national currencies are based on […]
Elliott Wave Theory is a technical analysis approach that is based on the belief in cycles in the mass psychology of investing. According to Elliott Wave Theory, financial markets follow a familiar pattern of successively smaller 5-3 waves, with the 5 on-trend waves being interspersed with 3 opposite-trend counter-waves. Within each wave of the larger […]
