Though there is evidence that oil had been used for medicinal purposes since the early 1400’s, the first commercial well was not drilled until 1859 when oil was struck in North Pennsylvania, USA. The Drake Well at Titusville was able to produce around 20 barrels of oil a day, and kick started an industry that [...]
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Archive for Category: "Stock Market Trends"
Currencies Offer An Alternative For Stock Traders
For experienced stock traders that have invested the time to develop their skills of the trade, the mind often contemplates where there may be other avenues to ply these hard-earned skills to advantage. Over the past decade, multitudes from the trader community have migrated to our global currency markets to check out this potentially “greener [...]
How I Use The Follow Through Day To Analyze Stock Market Trends
Market Timing The Stock Market Trends With The Follow Through Day Oh, that evil market timing! A few years ago, there was a big push to blame market timers for everything wrong with the stock market. Thankfully, high frequency trading has taken the center stage as the things that the evil computers do. Those [...]
Welcome To The Bear Market
Are We Even In A Bear Market? Today is Sunday, August 28th 2011 and there is an ongoing debate amongst financial journalists, analysts and traders as to whether or not we are in a bear market. My view is that since we are under the 200 day moving average, it’s pretty easy to say that we [...]
Shhhhhhhhh….Be Very Very Quiet, We Are In the Doldrums
During the trading day there are certain times when the market should be avoided. Volume gets thin, and the range starts to contract. This leads to short term fake out moves and reversals that can frustrate the stock trader to no end. Even a veteran trader with a good feel for the stock market trends can [...]
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