Archive for July, 2009

Market Review – Week Ending 07/24/09

Two weeks in my weekly stock market review I mentioned that I was looking for a push up out of an ABC down formation(also known as a complex correction or Power Buy). Well, we got our push and it was quite a ride. Last week, the S&P500 jumped over +4%. That’s on top of the move last week of +7%.
It was a nice push up out of the ABC resulting in new highs which is the profit target for this type of formation. I sent out tweet during the week mentioning that the formation achieved it’s objective. If you are not following me on Twitter you can do so here.

Link Love: I Am Neda Edition

The Big Book of Everything – is a notebook filled with all of the information anyone could possibly need to know about you. The idea is that in our lives we have countless things that we are involved in. On rare occasions, other people need this information and no one knows how to get it. That’s where the Big Book comes in. By filling this out and keeping it current, you can simplify the effort others have to take on your behalf.

* Passwords and logins
* Bank accounts
* Insurance policies
* Tax records
* Debt obligations
* and more…

The Winding Road

It seems simple enough.

A little girl who wants to be a doctor is told:
“Go to college, get good grades, go to Med School”

A little girl who wants to be a lawyer is told:
“Go to college, get good grades, go to Law School”

What about the little girl who wants to invest for her retirement?

Market Review – Week Ending 07/17/09

Last week in my weekly stock market review I mentioned that I was looking for a push up out of an ABC down formation(also known as a complex correction).

Well, we certainly got that push. Last week, the S&P500 spiked up almost 7%. That’s a lot for one week and we are now very overbought.