One of the first things a coach tells you when you pick up tennis lessons is to keep your eye on the ball at all times, and not to get distracted by outside noises. If you become good enough and make it to play tournaments your coach will start telling you not to watch the… Continue reading Why investing is like playing tennis
Tag: strategy
Observation, Observation, Observation
We probably all heard the old adage: Location, Location, Location. It’s considered the number one rule in real estate investing. For stock investors there is a similar rule: Observation, Observation, Observation. Sounds simple, but what does it mean? As an investor or trader I may be using fundamental analysis, I may be using technical indicators,… Continue reading Observation, Observation, Observation
Who buys new record highs?
Last week we asked a poll question and several readers have taken the time to put in a vote. More on the results later in this post. We also have the LT wave chart for April, but first we take our customary look at the S&P 500 (click image to enlarge it): We got a… Continue reading Who buys new record highs?
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