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May 24, 2012 issue of Financial Times says ‘Death of Equities?’. It says no one wants stocks. The last time a major publication came out with a similar headline was Business Week on August 13, 1979. This is how Dow Jones Industrial Averages performed since then: [...] Today, May 18th, Dow made a down day, which was the 13th down day in the previous three weeks or 15 days. Since 1970 Dow has had such a losing streak only 24 times (excluding the current one). Out of these, 11 times Dow had a positive day next day and 14 times it went [...] On May 9th Dow extended its losing streak to six days. History says that the probability of a bounce now is quite high – 79%. Since 1970, Dow has seen a losing streak of six days 58 times (excluding current streak). Of these, 43 times the streak went beyond six days. However, when Dow was [...] |
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 Forex for Beginners: A Comprehensive Guide to Profiting from the Global Currency Markets"Backed by a comprehensive list of studies, this book is a brilliant contribution on the connections between exchange rates and economics."—F... Read More >  Technical Analysis from A to Z, 2nd EditionMillions of traders participating in today’s financial markets have shot interest and involvement in technical analysis to an all-time high. This up... Read More >
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