Ok guys. Today I am going to discuss the 3 major types of gaps when reading a stock chart. Just to give you an overview, a gap in a chart is when a stock opens significantly higher or lower than the previous close. The types of gaps are breakaway, continuation, and exhaustion.
Breakaway gaps are the price [...]
Potash Corporation of Saskatchewan, Inc. (PotashCorp) engages in the production and sale of fertilizers, and related industrial and feed products in North America.
As you might have guessed, this is a pretty useful business and there is a high demand for fertilizer as food prices skyrocket. I think it is also safe to say that this [...]
My current longs are (with links to when I picked them here):
Apple (AAPL) - bought 4-21-08
Excel Maritime Carriers (EXM) - bought 4-21-08
Nvidia (NVDA) - bought 5-5-08
I bought as close to $1000 as I could get in each. At this moment, here is my gain/loss:
AAPL - $120
EXM - $137
NVDA - $35
Overall, I am up almost 10%. [...]
The book I will review today is “How Charts Can Help You In The Stock Market” by William Jiler. I actually got the 1962 version off ebay for less than $10. Basically this book was one of the best I have read on technical analysis. It was short and sweet while explaining everything thoroughly.
Some [...]
NVIDIA Corporation makes graphics cards for computers domestically and internationally. I have been a fan of NVDA for a couple of years now. They have become the leader in graphics cards amongst gamers and keep coming out with better products each quarter.
I went by Best Buy this weekend and talked to a salesman, also a [...]
