Economy: The hole in US employment By Colin Twiggs February 11th, 2014 10:30 p.m. ET (2:30 p:m AEDT) These extracts from my trading diary are for educational purposes and should not be interpreted as investment or trading advice. Full terms and conditions can be found at Terms of Use. Vanguard: Helping you reach your investing goals Liz Tammaro: So we received quite a few questions in advance when you all registered for this webcast. We're going to get started with our first question and, Jim, I'm going to give this one to you. So it makes a lot of sense before we get started, let's define what is an ETF.
Trading 101: Beware of the Gambler's Fallacy One of the most difficult aspects of trading (or investing, for that matter) is overcoming our own cognitive biases–the very flaws that are inherent within each and every one of us. In both the investing and trading world, there are numerous cognitive biases that we must overcome in order to be successful. The one that I am going to quickly focus on is known as the “gambler’s fallacy“. This is a tough one to overcome, and we see disclaimers for it almost everywhere in the Financial world. The words “past performance is not indicative of future results” really helps to illustrate this point–but it is not something that everyone seems to fully understand. Perhaps many of us do understand this, but we unknowingly ignore it when we are making our own investing/trading decisions.
Investment Products Get in touch Call, email 24/7 or visit a branch Call us: 800-454-9272Email us Trade commission–free for 60 days + get up to $600* Why Coffee Futures Could Keep Going Up [Starbucks Corporation] Coffee futures spiked big in recent months mainly on back of the news that Brazil's production could fall. The following comes from the International Coffee Organization's Monthly Report, located here: "Much of the recent price support has been due to speculation over the size of the upcoming Brazilian crop. The first estimate by Conab of the 2014/15 crop gives a forecast of 46.53 to 50.15 million bags, with an average of 48.34 million. Essential Portfolios - Robo Advisor Get in touch Call, email 24/7 or visit a branch Call us: 800-454-9272Email us
Coffee prices set to rise as Brazil drought hits bean supply Percolating: Prepare to pay more for a cup of coffee as supply costs rise. Photo: Craig Abraham The price of a morning caffeine hit is set to become more costly, rising 10¢ to 60¢ a cup, as a drought on the other side of the world threatens global coffee supplies. Arabica coffee bean prices have surged 76 per cent since the start of this year, and Australian roasters are now questioning how much of the increase they can absorb. The market hit a two-year high last week, above $US2 ($2.20) a pound. Trendlines on Logarithmic Scale Charts - All Star Charts with JC Parets Posted by JC Parets on October 18th, 2013 There is a big difference between charts with an arithmetic scale and those with a logarithmic, or log scale on the chart. Also referred to as a “percentage chart”, the logarithmic scale spaces the different between two price points according to the percent change, rather than the absolute change. In other words, the vertical distance between $5 and $10 (100% increase) would be plotted the same as a move from $50 to $100 (100% increase). In an arithmetic scale chart, the move from $5 to $10 would be barely noticed when compared to the $50 move from 50 to 100, which is a 50 point difference rather than just a $5 move.
Why Arithmetic Stock Charts Are Worthless Why Arithmetic Stock Charts Are Worthless November 10, 2009 – Comments (15) Apologies ahead of time for titling the post so stridently, but I wanted it to capture people's attention. I have seen a lot of different charts on a lot of different blogs and some use Arithmetic (or Linear) Scale Price Axis charts to a) make counts and (more dangerously) b) draw trendlines on them. I disagree agree with this pretty vehemently and I wanted to share why. You may have thought about this before, or you may have not. Trend Lines Technical analysis is built on the assumption that prices trend. Trend Lines are an important tool in technical analysis for both trend identification and confirmation. A trend line is a straight line that connects two or more price points and then extends into the future to act as a line of support or resistance. Many of the principles applicable to support and resistance levels can be applied to trend lines as well.