I found something really interesting about the similarities of some of the news headlines in July to that of the 1930s. Here’s news from July 24 2009 and July 24 1930. The news from today’s Wall Street Journal has been inserted and bolded to show the similarities. History doesn’t repeat, but does it rhyme? Thursday, July 24, 1930: Dow 239.33 +5.03 (2.1%) Market commentary: Market opened with large buy orders for major industrials. Many majors in early trading reached highest po

by Henri Ritand The forex market may seem daunting, don’t let that keep you away. There are trillions of dollars traded everyday from around the world. With the right tools and a little research you can be part of the forex trading market. Unlike the stock market, the forex market can be very liquid, and fast paced. You can literally trade 24 hours a day, 7 days a week if you want to, from anywhere around the globe. Several years ago Forex trading was not available to individuals. If you wer

ESU9 For 07/30/2009 Symbol R1 This is the first level of resistance that the stock may experience today.');" onmouseout="return nd();" href="javascript:void(0);"> R1 R2 This is the second and higher level of resistance that the stock may experience today.');" onmouseout="return nd();" href="javascript:void(0);"> R2 Pivot The is the level from which is the support and resistance levels are calculated. This level may serve as support or re

The market is RARELY easy. Through 2008 and the beginning of 2009, global averages melted down. The last 5 months they have melted up. Because I am mostly a momentum investor in the stock market, the last few weeks have been extremely agonizing. The breakout signals have been coming and I have been mostly passing. Too much Stocktwits and managing private investments and I have learned over the years to invest small or not at all when you can’t put in the hours. Because I don’t really ha

Good Evening: Just when market participants had grown used to the stock market’s recent pattern of falling in the morning and rising in the afternoon, U.S. share prices pulled a George Costanza and did the opposite today (if you are unsure what this “Seinfeld” reference means, click here). Higher markets overseas, some decent earnings reports, and a positive interpretation of the jobless claims figures were all factors in pushing stocks to new highs for the year this morning. Some profit taki