China vs Cryptocurrency – Closing Bull Sept. 24th, 2021

Quick Summary: Interest rates and the Economy, China vs. cryptocurrency, and Government efforts to pass a new bill. Key News This Week: Interest rates China bans bitcoin Congress to agree on a spending bill Fun facts Read the Transcript Welcome to my financial markets re-cap for the week. I’m John Bannan, from Comhlatech.com.   Before…

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Government and KPIs – Closing Bull Sept. 17th, 2021

Quick Summary: Government and Key performance indicators Key News This Week: House Democrats proposed a plan to raise up to $2.9T in tax dollars over the next 10 years What is hyperinflation?  Consumer prices rose at a slower pace in August Elon Musk’s space company made history after its all-civilian mission launched from Cape Canaveral…

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Coinbase Facing Legal Action? Closing Bull Sept 10th, 2021

Quick Summary: Back on a trade at the end of the day on Friday and looking for a bounce from the carnage today which we were grateful to avoid! Key news this week: The US could default on its debt in October if measures aren’t taken to raise or suspend the debt ceiling. Biden administration…

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Outguessing a trading system?

Understanding why we do things that are not in our best interest and how we correct and continue in our trading methodology is an insight into human behavior itself. Why we sometimes outguess our trading system: We like to think of ourselves as risk takers, but what we really want is a guaranteed outcome with…

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Is emotion free trading even possible?

For those of you who are just starting out, this may not seem like it is that big a problem. I mean, surely if you know you have a good method that makes money, isn’t it easy to just stick with it and laugh all the way to the bank. Unfortunately for those of us…

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Our need to be right.

Ayn Rand (1905 – 1982) a Russian-American novelist and philosopher wrote:   “An animal cannot act against his instinct nor suspend it. He enjoys a safety man can never have—the invariable operation of his means of survival…A flea does not have the responsibility of remaining a flea. It can be nothing else…Man must remain man through his own choice.…

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WANTED: 1000 people who want $1,000,000

With technology giving anyone and everyone with a computer or smartphone the ability to send and receive information in real time, the measure of any information source (website, app, etc) has become how fast and how transparent the source gives out its information. The website How Do I Trade Stocks has embraced the world of…

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S&P 500 Up Despite Poor Jobs Report

U.S. stocks rallied on Friday, with Wall Street clearing weekly losses and posting its best two-day gain in four months, as investors decided the nonfarm payrolls report wasn’t so terrible after all. The government reported the creation of 113,000 jobs in January versus expectations of 185,000. The jobless rate fell to 6.6 percent versus an…

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Stocks Rally as Growth Worries Fade

U.S. stocks surged on today, with the Dow Jones Industrial Average marking its best session this year, as Wall Street embraced a drop in applications for jobless benefits as indicative of an improving U.S. labour market and economy, a day ahead of the monthly jobs report. “The market was heavily oversold. you tried for two…

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Indexes Flat as Investors Await Jobs Report

U.S. stocks fell mildly on Wednesday, with the S&P 500 finishing the session near unchanged, as a better-than-expected report on the service sector helped neutralize another that had companies adding slightly fewer employees to their payrolls than anticipated in January. Private employers added 175,000 jobs in January, slightly below the gain of 180,000 estimated by…

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