Tuesday, July 17, 2018

Why Spotify ($SPOT) Should Be On Your Radar

I normally don't trade IPOs, but Spotify has definitely caught my attention and will be looking to buy on a nice pullback if one ever occurs. Here's a good video explaining the bull case for this new IPO.

Wednesday, May 16, 2018

Norwegian OSEAX Forecasts and Predictions for 2018

The Norwegian OSEAX which is commonly referred to as Oslo Bors. It is an independent stock exchange which has over the years grown into one of the sturdiest exchanges in the world. Oslo Bors has hundreds of companies listed on it and this serves to make it very vibrant and important in the stock market. It is important to note that all trading on OSEAX is done through computer networks and trading ends at 1630 hours having started at 0900 hours (local time.

The performance of OSEAX so far

In the past 12 months preceding May 2018, OSEAX experienced a rather volatile period. At one point, the OSEAX points dropped to 690.8. Given that the market’s points were at a high of 884 on May 13th, 2018, it means that a rise of more than 22% was experienced in the past 12 months.

When we look at YTD - year-to-date, statistics, OSEAX has gained 7.90%, at least since the year started. Over the few past months of 2018, OSEAX has touched a low of 770 points. It is in the month of May 2018 (11th May) when OSEAX reached its all-time high of 1,002.41 points. This is a big contrast to January 1983 when an all-time low of 13.97 was touched.

Saturday, May 5, 2018

How To Exploit Chart Patterns to Make Money

By Jay Delaworth

Chart patterns can provide a rare signal of clarity in the daily noise of market price action. And no matter what security or asset class you’re trading, chart patterns can help you make sense of the numbers and interpret random information into actionable insights. In my experience, this is especially true for trend followers and other types of traders who have price action at the heart of their trading strategy.

That’s why I wanted to write this short article to share exactly how I use different reversal and continuation chart patterns to orient myself in any market environment. So by the time you’re done reading, hopefully, you’ll have a much deeper understanding of how chart patterns can be one more valuable resource in your technical analysis toolbox. So where do we start?