Best Time To Invest is November – April. Theoretically
Dec 8, 2008 Small Cap Stock Picks, Stock Market News
This was a really interesting article i just read about how statistically the the returns from november – april insanely dominate over the rest of the months in the year says the stock traders almanac dating back to 1950.
Quote:
“The best time to invest in stocks is from November to April, according to the Stock Trader’s Almanac for 2009. In fact, say authors Jeffrey and Yale Hirsch, most of the long-term gains in stocks occur in these six months.
Say an investor put $10,000 into the stocks of the Dow Jones Industrial Average (DJIA) during the six months to April 30, 1950. Then they rolled the proceeds successively into the same six months every year to 2008. The $10,000 would have gained $531,444. If they did the same thing from May 1 to Oct. 30, the $10,000 would have gained a mere $1,021. ”
Thats an astonishing # to eye witness comparing the two terms. Well, looks like we just got the shit show out of the way according to statistical history. Hopefully now we see some better opportunities arise in the market through out April. I remember the first 4 months of 2007 to be awesome, trading opportunities all over the place. Of course, We weren’t in a fucked up world of economic failure. So the circumstances are definately different by a long shot. So hopefully we’re at least a little better off than we have been the past 3 months. Thats all i ask.
Tags: DOW, market, stock traders, stocks
Day Trading Stock Picks Review 10/14/08 . Shorted Me Some PNX! Again!
Oct 14, 2008 Day Trading, Technical Analysis
Today i went for another short on PNX again and although didn’t make that much money i at least made back my small loss that we made yesterday on it. This stock has been very volatile since last friday and even jumped over 9.50 today! Currently this stock is showing a bearish shooting star candle along with the Dow creating a double bearish set up for us here on PNX which could again set up a day trade on the short side. I’m still hesitant to hold stocks over night though due to the volatility risk we have see with the gap ups and downs. Nothing to brag about here but i alerted Black Service members to go short at 7.80 and covered at 7.64 when the market appeared to be buying stocks into the close for a 2.1% gain woot! So in light of this bastardo of a stock it really hasn’t given us what we wanted yet. So lets see what it has in store for us tomorrow eh? Maybe you should test out a free trial to black service if you want to make some coin with me and my crew of traders eh?!
Technical Analysis :
Tags: buying stocks, Day Trading, DOW, gap ups, market, PNX, shooting star, stocks, trading stock
The Mother Of all Rallies. Theres A new Sherriff in Town
Oct 14, 2008 Stock Market News
So todays rally was huge, well, the mother of all rallies in fact. The Dow Jones clean sweeped the previous record, which was 603 points i think i remember them saying on CNBC today, and closed up a whopping 936 points! This was also the largest % gain since 1932 and the 5th largest % gain in the history of the stock market. This is by far one of the craziest times in the stock market that you will witness in our life time. We’re gonna look back at this time in 20 years and say remember when we would see 500 point days in the Dow as if it was normal, dow futures would rally and fall near 200 points after market hours every session, and we would break new records just about every week the largest rallies and declines in a single day? This truly is a unique time that we are in for the stock market. Even though it has been a rough trading environment, it will be fun to talk about later in life for memories and stories to tell.
The most important thing is that we come out of this unscaved and prepared to make the right trades as they arise. Don’t force any stupid trades, stay conservative in this volatile market, sure you can place big bets and win big but with the big moves we are seeing these days your gonna lose big trying to gamble this market. And i don’t want too see you have to give up on trading because you got greedy and lost all your money. Diversify!
In any regards, it was nice too see some green today. But it doesn’t really matter what direction these stocks are heading we can day trade either long or short. The fact remains that the current market conditions are still extremly volatile, thus still highly dangerous. I mean shit the dow rallied 1000 points today, the market is still highly unstable and unpredictable for holding anything trying to swing trade. Day trading and cash remains King.
Theres a new sherrif in town.. But looks like hes a little out numbered hehe.
Tags: Day Trading, DOW, dow futures, dow jones, market, rallies, single day, stock market, stocks
Where is The Bottom To This Market??
Oct 10, 2008 Stock Market News, Technical Analysis
WIth todays uplift of the short ban the dow plummeted another 678 points on continued fear and a huge downfall of financial stocks with heavy short pressure. The 31% drop in GM to its 58 year low has also weighed on the stock market.
Technically there is a a huge amount of bearish momentum with no stabilization in plane sight as the markets keep getting get slammed. From this point where we are are right now i won’t be surprised to see the DOW continue to Free fall until the next support level which is in the range of 7200 – 7800 wheres its very possible we could see some stabilization and a strong rebound in the market at least in the short term. Long term no one knows and im certainly no economists trying to predict the future. Just a short term trader who follows short term momentum. C’yall Friday.
Technical Analysis :
