Better Trades Momentum Part 2

In Part I of this article, I taught you to trade momentum that occurs after an earnings announcement. In this article, I am going to go into some of the chart patterns we can use to trade momentum that is unrelated to earnings or news. And in Momentum Part III, I will show you how to combine news and chart patterns to trade momentum. But, before I get too far ahead of myself, let me recap what momentum is and why I trade it. I love to trade options on stocks with a lot of momentum. What this means is that I want to trade those stocks, Exchange Traded Funds or Indexes that are moving fast and far. The way …

History of the Mercury Dime

The year was 1915 and there was a movement afoot to change the remainder of American coinage. With the changes to the $10 eagle, $20 double eagle, the cent and nickel, it was now time for changes to the dime, quarter and half dollar. Under 1890 law, changes could not be made to a coin design without approval from congress more frequently than every 25 years. The Barber coinage (dime, quarter and half dollar) was to reach that mark in 1916 and the mint wasted no time in making the changes, in fact starting the process before 1916. In 1915, US Mint Director Robert W. Woolley offered the opportunity to three noted sculptors, Adolph A Weinman, Albin Polasek and Herman …

Is black belt next? Asked the street kid tying his new yellow belt

I managed to keep a straight face while replying, No, there are a few colors in between. The naivet amused me. Yet in fairness, this group of 25 newly-minted yellow belts had been promoted in record timejust six weeks. It had been a special summer program for kids just out of juvenile hall, or expelled from district schools. An experiment. So, I could see how they might think the whole process would be collapsed. On the other hand, Id worked them two solid hours a day, four days a week, hour-for-hour at least the equivalent of a traditional programs three one-hour classes a week for 3-6 months. There was no gimme to it. This kid had conveniently forgotten all the …

Well Balanced Moms Have More Fun

Or should I say Well Balanced Moms Are More Fun? Let me ask you When was the last time you had lunch with some girl friends, or went on a girls night out? When was the last time you went on a romantic weekend getaway with your spouse? If you cant remember, we definitely have to talk. Its so easy to fall into the mommy guilt trap. We feel guilty if we take time for ourselves, so we end up taking care of everyone in the family but us. Its easy to lose ourselves in the quest to become SuperMom. Along the way we get stressed out and aggravated. Its important to do something just for us to stay balanced …