Posts by Rick Pendergraft
We Aren’t Watches, So We Shouldn’t Be Timing Things
Many economists are finally starting to use the “recession” word to describe the U.S. economy. Almost daily, someone is calling the bottom of the market.
Read MoreA Company’s Misstep Can Lead You to Profits
Starbucks (SBUX) CEO Howard Schultz recently announced that the company would start offering energy drinks in its stores. He also mentioned that Starbucks would be getting into the “health and wellness business.”
Read MoreWhat Do Golf and Trading Have in Common?
Last week was Masters week, and I’ve got golf on the brain. This got me thinking about the similarities between golf – one of my favorite sports – and trading. (And, no, “They are both frustrating as hell” is not one of them.)
Read MoreA Rumor I Bought Into
I have cautioned you before against investing in rumors, regardless of the source. But I recently bought into one myself.
Read MoreWorth Their Weight in Gold
Everyone’s heard about oil going over $100 a barrel recently. Getting less publicity is the dramatic bull market in precious metals. Year to date, gold is up almost 17 percent and silver is up almost 37 percent.
Read MoreAre You Kidding Me?
You never know when the market will make an unexpected major move, up or down. That’s why I recommend being somewhat balanced between bullish and bearish positions.
Read MoreJust How Bad Is the Economy?
Report after report has come out detailing just how bad the economy is. But February’s Philly Fed Survey really put it into perspective.
Read MoreThe “S” Word – Investing During Stagflation
The financial press is a-buzz with talk about “stagflation.” But you won’t know how to handle the hype unless you know what stagflation really means for you and your portfolio.
Read MoreLearning About Charts
When it comes to short-term trading, I base most of my decisions on technical analysis, and then use sentiment analysis as a secondary driver.
Read MoreGet in on the Agriculture Bull Market
Agriculture is booming and shows no sign of slowing down. So anything agriculture-related should do well in your portfolio for the foreseeable future.
Read MoreThe Best-Laid Plans
As an investor, you’ve done your research. You’ve laid out your plans. But then some outside force comes in and changes everything. What do you do?
Read MoreETR Insider Report: My 10 Commandments of Trading
One thing I realized is that I have developed several “rules” that have helped me make significant gains over the years. For instance, there are 10 trading principles that I use to guide my trading.
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