Known as the “Oracle of Omaha,” Warren Buffett is one of the most successful investors of all-time. As one of the only billionaires to acquire their wealth solely through the stock market, Buffett truly is a master of business and finance. Even in his 80’s, he continues to shine as an active investor and philanthropist. With a net worth of $37 billion, Buffett has been one of … [Read more...]
Momentum and Short Term Analysis Indicators for Day Trading
The internal dynamics of the market are really the only thing you have to analyze the short term. These include three groups of momentum indicators: price, volume, and breadth. The most important is price, which is a quantitative measure of trend. Volume and breadth are qualitative; that is, they provide an indication of the quality of the price trend. For example, if … [Read more...]
Prediction With The Dow Theory
Technical analysts rely on the assumption that stock prices have predictable patterns. This assumption is based on the Dow Theory, named after Charles H. Dow, who founded the forerunner of the Dow Jones Industrial Average. According to the Dow Theory, the stock market averages reflect everything known by the investment community, and their trends can be predicted. The theory … [Read more...]