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Head & Shoulders Pattern on the SPX

Head and shoulders reversal chart pattern, the big jobs report coming out July 2, be cautious in your trading that this point. By Carl Anderson

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Wild & Crazy Day!

May 6 will be a day that I will always remember in the stock market. A group of stock coaches and I were watching the market fall by sums of 100. Within 10 minutes or so the market fell over 700 points! It nearly reached a thousand points down, which is the largest one day point swing in market history. It was amazing to watch. There have been many theories as to what caused this crash but as of right now no one really knows what actually happened. I came […]

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Finally!

The Greek crisis continues to plague the market. Goldman Sachs probe widens, and gold prices silently back on the move upward By Carl Anderson

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How High Will this Market Go!?

How high can we go? As I sit and look at the market at the time of this blog I see the Dow is up just over 10907 and the S&P is @ 1173.27, and Nasdaq at 2410.69. I like to pride myself on being an optimistic investor and trader and want to stay positive and say things like: “It’s all going to be ok”, or “Just hang in there it will work out for you”. The frustrating part of that is that as optimistic as you can be we […]

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