- Stocks Climb as Investors Look to China-U.S. Trade Talks (New York Times)
- Annual Tech Show To Tout 5G Wireless (Investor’s Business Daily)
- Larry Ellison invest $1Billion in Tesla (Bloomberg)
- Saudis Plan New Export Cuts in Hopes of Lifting Oil to $80 a Barrel (Wall Street Journal)
- Investors Are Counting on the ‘January Effect’ to Revive the Bull Market (Barron’s)
Zweig up/down bottoming indicator triggered
In his book “Winning on Wall Street,” the legendary Marty Zweig explained the value of volume ratios. A ratio of 9:1 or greater of up/down volume is considered to be very bullish and 9:1 down/up volume is considered to be very bearish. Continue reading “Zweig up/down bottoming indicator triggered”
Insider Buying
David Steiner, a Director of FedEx (FDX) did some bargain shopping last week – picking up 7000 shares of FedEx in the bargain bin. Wall Street is one of the few places that when they hold a big sale, no one shows up! David Steiner did and bet $1,140,446 of his own money that the future is a lot brighter than the street thought in December.
What I’m reading today…
- Four Low P/E Stocks That Look Like Good Bets (Barron’s)
- The 4 Most Important Things for the Stock Market This Year (Barron’s)
- More First-Time Home Buyers Are Turning to the Bank of Mom and Dad (WSJ)
- Apple’s Biggest Problem? My Mom (NY Times)
- Who Wants a Market Downturn? These Investors Actually Do (NY Times)
- Beijing says both sides have expressed a desire to hammer out a deal (CNBC)
Inspiration
As I embark on this additional chapter in my professional career, I am reminded of one of the proddings from an early life mentor of mine, Mr. Jim Rohn. Jim Rohn was a world renowned business philosopher Continue reading “Inspiration”