Mindblown: a blog about philosophy.
-
Stocks Rose for Third Day on Deal News
Stocks closed higher for the third straight day on Monday after a $12.5 billion merger offer from Google Inc. helped lure investors back into a market. The Dow Jones Industrial Average gained 213.88 points, or 1.90%, to 11,482.9. The S&P 500 gained 25.68 points, or 2.18%, to 1,204.49. The Nasdaq Composite added 47.22 points, or…
-
Volume as Secondary Indicators
Price is by far the most important. Volume is secondary in importance and is used primarily as confirming indicators. Volume is the number of entities traded during the time period under study. The level of volume measures the intensity or urgency behind the price move. Heavier volume reflects a higher degree of intensity or pressure.…
-
Stocks Opened Higher on Acquisition News
Stocks opened higher on Monday, feeding on acquisition news and brushing off weak manufacturing data. The Dow Jones Industrial Average lately gained 146.75 points to 11,415.77. The Standard & Poor’s 500 Index advanced 15.67 points to 1,194.48. The Nasdaq Composite Index added 32.16 points to 2,540.14. Google Inc. agreed to acquire Motorola Mobility Holdings Inc.…
-
Dehaier Medical Systems Limited (NASDAQ:DHRM)
Dehaier Medical Systems Limited is an emerging leader in the development, assembly, marketing and sale of medical products in China, including respiratory and oxygen homecare medical products. The company develops and assembles its own branded medical devices and homecare medical products from third-party components. The company also distributes products designed and manufactured by other companies,…
-
Tips of Using Moving Averages
The moving average is one of the most versatile and widely used of all technical indicators. It is the basis for many mechanical trend-following systems in use today. There are many questions to be considered when using moving averages. Here we address some of the more common usages of the moving average. The moving average…
-
Stocks Closed Wild Week with Subdued Gains
U.S. stocks ended higher on Friday, inspired by a strong rally in European markets, after one of the most volatile weeks in memory. The Dow Jones Industrial Average rose 125.71 points, or 1.13%, to 11,269.02 and lost 1.5% for the week. The S&P 500 gained 6.17 points, or 0.53%, to 1,178.81, down 1.7% for the…
-
Stocks Opened Up after Upbeat Retail Sales
U.S. stocks opened with robust gains on Friday after an encouraging report on retail sales in July bolstered sentiment ahead of consumer-confidence data. The Dow Jones Industrial Average lately rose 121.32 points to 11,264.63. The Standard & Poor’s 500 Index climbed 10.88 points to 1,183.52. The Nasdaq Composite Index advanced 12.34 points to 2,505.02. Retail…
-
Stocks Soar on Jobs and Cisco
U.S. stocks Thursday clocked their fourth day of massive moves, this time rising, after a drop in jobless claims and earnings from Cisco Systems Inc. swung investor sentiment higher. The Dow Jones Industrial Average surged 423.37 points, or 3.95%, to 11,143.31. The S&P 500 ended up 51.88 points, or 4.63%, to 1,172.64. The Nasdaq Composite…
-
Stocks Climb at Open after Claims Drop
U.S. stocks leapt at Thursday’s start after a surprising fall in jobless claims curbed worries about the economy. The Dow Jones Industrial Average rose 72.28 points to 10,792.22. The Standard & Poor’s 500 Index gained 8.45 points to 1,129.21. The Nasdaq Composite Index rose 21.79 points to 2,402.84. Applications for unemployment aid dropped by 7,000…
-
Some General Money Management Guidelines
The following are some general guidelines that can be helpful in allocating one’s funds and in determining the size of one’s trading commitments. These guidelines refer primarily to futures trading. 1. Total invested funds should be limited to 50% of total capital. This means that at any one time, no more than half of the…
Got any book recommendations?