Cisco Update

Cisco Update

Cisco continues to hold its 200 day moving average.  The 200 day has held three of the last five weekly lows.  Despite the huge flush this morning in the major indexes $CSCO held above the previous week’s lows.  The Dow Jones Industrial Average, of which Cisco...

Top Traders Unplugged

  Turtle Trading explained:  In 1983, legendary commodity traders Richard Dennis and William Eckhardt held the turtle experiment to prove that anyone could be taught to trade. Using his own money and trading novices, how did the experiment fare? More...
Eight Fed Hikes Later

Eight Fed Hikes Later

One year ago the 3-Month Treasury Yield was at 1.25%.  As this week comes to a close the Yield is sitting at 2.35%.  That’s an 88% rise in one year.  We call that a ‘headwind’. From the November 2011 lows(0.01%=ten year low)the 3-Month Yield is up...