Posts Tagged by finance

Is the FDIC In Trouble?

The Federal Deposit Insurance Corporation is a member bank funded insurer that covers cash deposits up to $250,000. There has been talk recently that if the fund has become depleted and is in danger.  So the questions become: Are deposits at risk? And how will the FDIC rebuild its depleted reserves? The second question is…

Million Dollar Traders By Harvey Walsh

There’s a great show on British TV – Million Dollar Traders. There are two very important lessons that every trader must understand, that have been perfectly illustrated in this documentary, and I want to discuss those here. Any trader who doesn’t understand these lessons is doomed to fail, just as many of the traders in…

Stock Market Analysis – Tight Range

The Dow Jones average has slipped into a short term range, but the breakout could be significant – especially to the downside. Currently the Down Jones average is ranging between 7900 and 8300.   While volume was edging higher to form a possible bottom in the market, volume has normalized and has fallen off the recent…

Support and Resistance Tutorial

I start with these concepts because they need to be understood in order to use the day trading levels that I post each day. Support Levels are price points at which prices have had a hard time pushing down through in the past.  In other words, a support level is a level where price stopped…