Q. Professor, with the post-election rally, what charts are you watching to signal global opportunities?
A. Last week, I featured my largest Global Economies 2016 Performance chart to identify trading opportunities when the momentum slows. It identified Brazil as the performance leader while the Italian Index was the laggard.
Some people emailed and asked how to play the then upcoming news from Italy. My answer; trade what you see and not what you think will happen. Since 2002, in my classes and seminars, I have taught thousands of students how to reduce costly mistakes and build financial wealth. The students that jumped into trades thinking they knew what would happen after an event were the first to blow out an account. More about this later.
Continue reading "David O. England: Ask the Professor Part II... December 9, 2016" »