Some Thoughts on Failure

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...

The MACD – Simply The Most Effective Technical Tool

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...

Napoleon Hill’s Think and Grow Rich – A Must Read

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...

The Stock Market is a Function of Fear and Greed

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...

Some Thoughts on Luck

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...