Year: 2009

TDI Podcast 121: Trading Patterns of the Pros

Guests: Toni Turner   and Fausto Pugliese discuss technical and other trading strategies of the pros. Toni and Andrew review the trading patterns the pros use as well as volume and candlestick patterns that you should know.   How to make some money in this market with charts...

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Links and Reading for August 7th

Some of the more interesting and important items for August 7th :

Bank of America lost money in U.S. in second quarter | Reuters – Hmmmm….Interesting or who cares?
Geithner asks Congress for higher U.S. debt limit – 12,000,000,000,000 is not so much
Congress Adds $2 Billion to `Cash for Clunkers’...

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Economics to know for Friday Morning

Here is how the employment numbers are shaping up:

This week we saw the ADP employment numbers and they were slightly worse than anticipated. That shook the markets on Wednesday. Then on Thursday, we saw the weekly initial jobless claims numbers and while they were better than expected (550k vs. 580k...

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TrimTabs Estimates U.S. Lost 488,000 Jobs in July

The latest from TrimTabs…..

TrimTabs Estimates U.S. Lost 488,000 Jobs in July
BLS Likely to Revise Job Loss Estimates Sharply Higher for First Half of 2009

Sausalito, CA August 5, 2009 TrimTabs Investment Research estimates that the U.S. economy lost 488,000 jobs in July, considerably more than the consensus estimate...

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