A Special Father’s Day Gift

This past Father’s Day was a special day for me.  I have two kids, two grandkids, and a wife that has stuck with me through thick and thin.  I got an amazing gift from each of them.  I did not get an overpriced necktie, after shave that I will never use, nor a tacky...

Why I Use a Three Percent Stop Loss

In my blog last week, I was stressing the importance of placing limit orders when buying your stocks, but this week I also want to stress the importance of using stop losses.  Unlike day traders, most of us are not sitting in front of a computer all day watching the...

Why I Am Short Term Bearish on the Dow

I am a swing trader, not a day trader.  What’s the difference?  A day trader by true definition does not own a position at the beginning nor at the end of the day.  A true day trader buys and sells his stock intra-day.  A swing trader has a slightly longer time...

A Mother’s Day Wish

As I write my weekly blog, it is Mother’s Day today.  My mother and I have a strained relationship at times.  We are two completely different people.  My mother does not get me.  She does not understand my love for sports, my thoughts on religion, nor what I saw in my...

Today Starts a Bear Market As Dow Experiences the Death Cross

Three months from now if the Dow is in a downward spiral, you can look back and say that Thursday, April 17 was the day that started the Bear Market.  For technical analysts, Thursday’s close signalled what is known as a Death Cross.  That is when a short-term average...