We are all human and we all make mistakes, but just because we made a mistake does not mean we are a failure, quite the contrary. I have learned more from my mistakes then from my successes. So what constitutes a failure and how can we avoid it? Take a contrarian...
I have been a technical analysis fan for years. There are times when the emotions of fear and greed overtake rational thinking on the markets presenting overbought or oversold situations. These are situations you can take advantage of and profit from. So what...
I love to read and learn new things. My bookshelf at home has plenty of books on poker and baseball but also a number of books on finance and investing. A book that I have read several times and continue to review is Think and Grow Rich by Napoleon Hill. It was...
You may have heard the stock market described this way. If not, let me be the first. The stock market reflects the emotions of investors. Plain and simple. Let’s face it, when you are making money, life is good. You think you have the Midas touch. You can do no...
This past week I made a recommendation to sell a stock that was in my portfolio basket. It was C.H. Robinson Worldwide (ticker CHRW). I freely admit that the sell recommendation was not to do some profit taking but as a defensive move since the MACD line had...
Last week I told you that I am not perfect and I will freely admit when I am wrong, but I also told you that the road is paved both ways and I will tell you when I am right. Even though I have a 2 percent goal per week, there are times when the stock is climbing, and...
