This rally has been going on with exceptionally low volume. Not saying it will reverse, but the support areas will be very weak when sellers "eventually" come into this market.
There's some important economic data next week so it will be interesting.
It would be dumb to short here and I...
This is Peter Millman, brother of another great trader Serge. One of these guys was on the cover of Forbes in the 1990s... it was an article about the Soes Bandits.
His buying power is that because he is, assumingly, great at what he does.
In terms of actual trading, then economics is more relevant than business.
Since you're young you have plenty of time to decide a career path. But it would give you an advantage to know exactly what you would like to be. I'll try to give you a short summary of the players of Wall Street, but...
This is ideal advice.
Since you're in high school and enjoy trading, you have an advantage in selecting your college curriculum. If I were to do it again, I would major in Economics and minor in both psychology and computer programming. This background would make quite competitive in the...
Some more random links:
http://www.api.org/aboutoilgas/
http://www.eia.doe.gov/
http://www.aistockcharts.com/
http://beforeitsnews.com/
http://www.marketfolly.com/2009/05/behavioral-finance-recommended-reading.html
http://www.bigcharts.com
http://www.cboe.com...
Obama > Bush
Not a fan of Obama, but thank goodness that monkey Bush is out of office. I also don't like many of Obama's policies, but he destroyed the Republicans in their townhall meeting... alone and without a teleprompter. As long as Republicans are hijacked by religious fanatics or big...
Bump.
Those were some great links kottonmats. The bespoke blog is amazing and the news report is quite useful for those without bloomberg or a similar service.
Thanks. I totally forgot to put seekingalpha.com, I visit that site almost everyday. I also check out zerohedge once in a while. Thanks for the pivot sites too.
Please list other great sites such as Barchart.com and Finviz.com..
Those are great and I just discovered finviz.com a month ago on a thread on elitetrader. Curious whether you guys have some other great sources, preferably free, that you use for trading.
Some more random ones I enjoy...
Few props register as broker-dealers nowadays because that would require their traders to obtain Series 7s.
There's no need to have the SEC creeping in your business with the broker-dealer model.