Not since King George III of England have foreigners had a greater claim on the U.S. than they do today. Tony Crescenzi A number of my best indicators point to a rebound in the economy and a continued rebound in equities. Before I opened my first brokerage account, I had the fortune of coming under the wing of mentors who drilled into me the critical importance of cutting losses.
Nothing feels better than finding a profitable setup based on a bad trade.
And Bonds Tony Crescenzi On Wall Street, one of the best ways to forecast market direction is to assess the bullishness or bearishness of the crowd. As the theory goes, if everyone is bullish, the market is likely to fall. Conversely, if everyone is bearish, the market is likely to rise. Market history is strewn with periods where this time-tested theory has proven true. It is one of the most critical elements in trading and perhaps the least understood.