Simple Money Management Begins with Simple Goals

Posted by Jim; Jim's Notes Archive

Simple money management starts with understanding what you want from your money. What do you want? That is my favorite question to ask investors when discussing portfolio management, or position management. Define the goal first and foremost! Then manage the money to accomplish the goal. Making money is the implementation of money management in order [...]

Finding and Trading Support

Posted by Jim ; Charting the Market Archive

Each week we find examples from the current market to illustrate the use of technical analysis for research. The chart below is the PHLX Semiconductor Index (SOX). There is plenty to learn from the chart since making a high in April at the 400 mark. Since that point the index made five attempts to hold support [...]

Gold Finds Resistance at Previous High

Posted by Jim; ETF Hubbub Archive

Can gold continue to move higher? The analyst are positive and technically the chart shows a solid move back near the high of $1258 per ounce. The resistance has been a challenge near term and a small pullback may take place before moving higher. My question is more in line with why should gold move higher?
Fear has been one [...]