To all existing students we want to say thank-you for enrolling with Major League Trader! 😁 We are always working on developing additional studies to add to your current curriculum and we think we may of found an additional method to make the current "Crossover Strategy" even more powerful! This will make the buy and sell opportunites even Easier to identify...
Wall Street Cheat Sheet — Psychology of a Market Cycle
Never underestimate the power of a momentum move... either up or down! Because once the momentum train starts going its very hard to stop it and it will keep going much further than most have anticipated so don't be that trader that try to predict the reversal! This video explains more!
This chart shows the price of Tesla and how it has traded (top pane, candles) alongside its market cap (middle pane, blue line) and quarterly revenue (bottom pane, yellow line). Tesla's market cap is now nearly $90 billion. Some investors and traders have observed that's more than the combined market cap of Ford and GM . This type of analysis can help fundamental...
I have been back testing the On Balance Volume indicator (OBV). So far, so good. I did not publish my first test (Facebook), but will publish from here on. OBV is basically an accumulation/distribution indicator. When there is divergence, it shows weakening/strengthening markets. If you are unfamiliar with OBV, look it up. Here is what I found with Tesla: OBV...
Tesla announces plan to by $MXWL: - 5 calendar days after announcing CFO departure - Amid sales crash - After 7 straight green closes with $920mm bond payment coming up There is so much going on behind the scenes in Elon Musk's empire that it is hard to keep track. Here we track the most relevant events and insider moves that impact TSLA shareholds and regulators.
Just to be 100% clear, I have not determined what Elon Musk was smoking on the Roe Jogan show. Media sources say it was pot. Video and audio evidence suggests that Musk knew or was led to believe that it was a cigar containing marijuana that about he was about to smoke. It is not clear if this was a prank. He smoked what he was offered. If it was a prank it...