[Must See] The Four Most Important Investment Lines
RCPeckPodcast4SupportLines.pdf Support and resistance lines are incredibly important because they show you where the buyers and sellers are waiting. When an investment hits a long-term support line, that’s an emotional price that investors remember and show up again and again to buy more of the investment. And… …if investors don’t show up to buy more shares then it’s…
Inflation Exists Ms. Yellen
When I was growing up in the Midwest there was a campaign running on TV talking about the silent killer. The silent killer according to the ad campaign was high blood pressure. You can’t see high blood pressure or feel its negative effects…that is until you fall over dead. What high blood pressure is…
A Significant Breakout Just Occurred In This Influential Asset
I have a saying on my wall… and it helps me almost everyday stay sane and be a better investor. Do you want to know what the saying is? “The Market Knows More Than You.” That’s it. I have to be reminded daily that the market knows more and that it’s much better to…
Am I Wrong?
Robert McNamara was the longest serving Secretary of Defense in US history. He worked under President Kennedy and Johnson. McNamara was also the first non-Ford to ever run the Ford Motor Company. He also served as the President of the World Bank. One of McNamara’s final works was his documentary film titled, “The Fog of War”.…
Waiting For The Signal…Is This Sector Finally Ready?
People would much rather lose money then lose opportunity.(Access to the weekend podcast is right here) We humans are wired to not want to pass up opportunity. Watching the stock market go up with out you is painful. Or watching that stock (or sector) you knew you should have bought…move higher without you is gut-wrenching That…
This Chart Says It All
So what happens when the largest central bank in the world drops rates to zero and prints trillions of dollars…?Stop me if you’ve heard this one. Well…other than making the top 1% of the top 1% even richer… It has dropped the price of oil from $110 to $50 a barrel. Thank you Mr. Greenspan,…
Gold…Is It Time?
There is only one thing that can move the price of gold up or down…and only one thing. It’s not… Money printing A zero interest rate policy in the US A negative interest rate policy in the EU Bad unemployment numbers in the US or the EU A slowing economy In China or Japan or…
You Don’t Want To See This Fall If You’re Bullish
Before technology was created, coal miners would bring canaries into the coal mine with them. The canary would die from undetected carbon monoxide first, thus giving miners the chance to exit before they died. Today, the “canary in the coal mine” is a phrase that represents early warning signs of potential bad things to come.…
Going For A Retest
The stock market is looking for reasons to rally…right here. But each time it does, it’s confronted with millions of free thinking investors wanting to get some of their money back.Not even Chairman Yellen keeping rates at zero could convince investors to buy. So now what? Join me in this weekend’s podcast when I show…
85 Years Of Crashes… Here’s The Link Between Them
What do you want to call it…? Is it a crash? Is it a fall? Is it a correction? Is it a panic? Is it a …? Whatever you or the pundits may call a stock market moving lower, one thing can be clear… People hate them. I mean they really hate them. They hate…