Needless to say it looks like Bernanke is doing everything in his power to repeat history under the assumption that the US economy can't go down because of unfettered/unchecked centralized planning. He believed the banks were too big to fail, and apparently the United States is too. History isn't kind to such arrogance.Â
 Information received since the Federal Open Market Committee met in June suggests that economic activity decelerated somewhat over the first half of this year. Growth in employment has been slow in recent months, and the unemployment rate remains elevated. Business fixed investment has continued to advance. Household spending has been rising at a somewhat
 Information received since the Federal Open Market Committee met in April suggests that the economy has been expanding moderately this year. However, growth in employment has slowed in recent months, and the unemployment rate remains elevated. Business fixed investment has continued to advance. Household spending appears to be rising at a somewhat slower pace
I've been working on this trading strategy for a while now, but really started to focus on it solely in the past week. Here are some charts showing the moves and a brief explanation. 1. Have either 4 screens or set your 1 screen to 4 charts so that you can see them happening at
This post shows the 2 possible trades on tza today. Each is making use of the 20ma not only to confirm the entry, but more important to help confirm weakness and the sell point. I always look for what I call an accumulation candle to occur for the buy….one that is significantly larger than most,
For those of you interested, I thought it might be helpful to have all of the leveraged ETF's in one place. Feel free to copy and paste them onto your computer for easy reference. The first are 3x leveraged, followed by 2x leveraged. BGU - Direxion Daily Large Cap Bull 3X Shares BGZ - Direxion
A great example of a positive breakout. Wait for the moving average crossover to sell, or because of the amount of profit take 1/2 off the table and let the rest stay in play.
Simple breakout of the daily high established from the opening candle of the day. Place your stop depending upon your leverage. The more shares, the closer the stop loss. This was a very low risk trade if you used the low of day as your stop. Sell into strength or weakness from the 20
Here are some more possible trades for you to consider in TNA that occured during the afternoon today. The first shows how you might play 3 different breakout moves and protect profits to the utmost degree, and the second shows how you could play it as a longer term hold by using less shares thus
Here is a current example (from today!) of how to trade quick high of day or low of day breakouts. This one happens to be on TNA as it broke out of the high of the day. This type of trade is intended to be high risk and highly leveraged, so it’s not for everyone.Â