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Markets-Economics

Dow Soars 322 Points to New Record, Exploding Past 26,000

January 18, 2018-6:17 am Stevie 0

The Street The Dow, S&P 500 and Nasdaq all finished at new records on Wednesday. The Dow Jones Industrial Average soared by 322 points on Wednesday, Jan. 17, finishing above 26,000 and setting a new […]

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January 17 Premarket

January 17, 2018-9:16 am traderscott 1

There are new posts here, here, here. One of my mentors favorite sayings was better lucky than smart. And how to you drastically up your odds of being lucky? Hard work, and always being prepared....

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Becoming a Better Trader

Finding Supports, and Using This for Springs

January 17, 2018-8:29 am traderscott 14

The following is an example of trying to find the support areas to use for springs. The support must be a solid one, sometimes not “obvious”, but over time you start to be able to...

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Effort vs. Result

Effort vs Result – Turning Points

January 17, 2018-8:24 am traderscott 15

Effort vs result has been discussed many times. The way I use it is at turning points – only. It is corroborating evidence. I used it in December 2015 to buy gold into that huge...

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Interesting Tidbits

Bitcoin Mining Uses As Much Power As Ireland. Here’s Why That’s Not A Problem

January 17, 2018-6:07 am Stevie 0

Forbes Just a few years into the cryptocurrency revolution, bitcoin mining is already eating up an estimated 20,000 gigawatt hours of electricity per year. That’s roughly .1% of global generation, on par with the power […]

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What We're Trading

HMNY: Following a Downtrend to A Spring

January 17, 2018-12:30 am Stevie 1

The Entry Points Stevie Swai Seems like all a company must to do to raise their stock price for a couple of days is to release some news with the word ‘blockchain’ in it. Kodak […]

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January 16 Intraday Update

January 16, 2018-12:58 pm traderscott 4

A few observations and updates: On 1/9, the high day for the pot stocks, I did that intraday post about why it’s time (for me at least) to sell pot stocks: “The pot stocks are...

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January 16 Premarket

January 16, 2018-9:16 am traderscott 1

For those of you who didn’t see it, the following is yesterday’s comments, and in there are more specifics below about what I was talking about here: 1/15: There are idiotic comments coming out about...

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Internal Charts – Cryptos

January 16, 2018-8:58 am traderscott 0

I keep a lot charts internally here at the website, these are ones from this weekend with the cryptocurrencies:   Ripple Ethereum BCH Litecoin Monero  Ripple...

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Markets-Economics

Bitcoin Tumbles 20% as Fears of Cryptocurrency Crackdown Linger

January 16, 2018-7:18 am Stevie 0

Bloomberg January’s cryptocurrency selloff got fresh impetus on Tuesday when bitcoin slumped, plunging as much as 20 percent as the prospect of regulatory crackdowns appeared to spread. The largest digital coin fell 14 percent to […]

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