Managing Member of Newton Advisors, LL, more than 20 yrs of Buy/Sell-side experience; Formerly w/ Greywolf, Diamondback, Morgan Stanley, & CBOE Equity options floor trader- Frequent commentator on CNBC, FOX Bus, Bloomberg, BNN- Opinions are my own
Stock trading is nothing but Supply & Demand. Fundamentals drive technicals but technicals trump fundamentals.
BTW Long term investing is for suckers w/ the volatility these days, I'll earn 10% this week
It's a mistake to blindly follow anyone, including "experts" and media. I've been too greedy and too fearful. Learning candlesticks, watching RSI. Mistakes can be great teachers. Disclaimer: My musings are ideas, not investment advice.
Speculation trader, my system is to bet in HIGH RISK huge reward positions buy go against horde! WARNING: You might lose or win lots of cash. My twits should be taken as educational ideas not investment advice. If I make you cash add me as a friend.