Trading Tips

Larry Connors is a name you may not know, but he developed a technical indicator and trading strategy you should know: RSI-2. Now you may remember RSI, or Relative Strength Index, from a much earlier TradingTips.com episode. In fact, it was featured in Episode #10. RSI-2 isn’t really a new indicator, but a particular application [...]

Every so often a life changing opportunity comes along. A hidden law in the “Obamacare” act will produce just such an opportunity. Buried deep within the 906 page healthcare act is a little-known law that will give biotech firms (“penny stock” biotechs in particular) an opportunity to capitalize on a $110-billion windfall. Investors who are [...]

The market hasn’t been doing so hot the past couple of weeks, but a pair of hot new IPO’s have posted big gains for their shareholders, nonetheless. Of which two IPO’s do I speak? Well, one is a housing-market stock, and the other is a Mexican casual-dining chain. Think they’re about as far apart as [...]

Every investor should have a bookkeeper or accountant to keep their books straight. If you’re really lucky, you might even find an accountant like Ralph Nelson Elliott — an unassuming number cruncher who really outdid himself by developing the Elliott Wave Theory. What is the Elliott Wave Theory? Well, it deals with two seemingly unrelated [...]

On the surface, Heikin-Ashi candlesticks look just like regular candlesticks. Each candlestick represents four prices within a given period: The open, the high, the low, and the close. However, Heikin-Ashi candlesticks don’t use straight values — they use modified data to produce candlesticks that are smoother and more readable. You get more good information and [...]

It’s a cliche to say that you can’t succeed without a trading plan. You can. It’s just not very likely. There are always geniuses and idiot savants who are just so good at a particular thing, they can break all the rules and still have success. But unless you’re a Jordan, Hemingway, Warhol, or Rain [...]

Western civilization owes a major debt of gratitude to the East, and nowhere is this fact more evident than in the all-important-field of mathematics. Can you imagine trying to do complex calculations using Roman numerals? Just where do the digits 0-9, with the base-10 system come from? Most of us know that modern numbers are [...]

Fundamental analysts look at a company’s earnings, balance sheet, statement of cash flows, valuation metrics, important ratios, and projected growth rates, among many other things. They then compare these numbers to those of the company’s peers, but even then, they’re not finished. No, instead, they have to learn everything they can about the stock by [...]

I’m excited to present you with one of this week’s greatest stock picks from our new service Consensus Picks! Not only is this a great opportunity, but it has quite an interesting story behind it as well. It starts with Thomas Edison who jump-started the global lighting industry 133 years ago. His brilliant invention was, [...]

Over the past few years, economies worldwide have been battered by debt and credit crises, and slow GDP growth. As a result, there has been a long and relentless decline in interest rates. Right now, however, the trend is finally shifting, and interest rates are on the rise. While interest rate plays don’t usually “rip [...]