People love correlations. “Traders” love to correlate news, government, yadi yadi yada….got so repetitive. But there is another correlation that is worth mentioning. It is the Obama factor. LOL not! It is where the money flows. This is a correlation worth noting because it is consistent and makes plenty of sense. What is this awesome…
Tag: Fundamental Analysis
KEWLTECH: Issue 040 – Fundamental VS Technical Analysis
Fundamental and Technical analysis are really 2 different styles of trading. The problem arises when people who are day trading think they can use fundamentals to help them in their swings or scalps. When fundamental traders get shaken out by the intraday volatility, not realizing that, for their longer term outlook based on their fundamental…
KEWLTECH: Issue 039 – Beware of the PPT
OMG!!! Here is an example of a little knowledge is a dangerous thing. Many moons ago, when the market does something completely unexpected, people blame the MMs. Now they blame the PPT. Who are the PPT? They are a group of people who will try to save the market or slow down a sell off….
KEWLTECH: Issue 030 – Fundamentals
Today I had some time to watch Bloomberg on TV. Yeah I do watch some news from time to time. And it really hit me what and who really uses fundamentals. For us small fry, we can rely on services to provide us with some of the info, but realistically, unless you have the means…