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Trading year for you so far. What are some tricks that have really been working this year . You have to differentiate between what you think is gonna happen and whats gonna happen. Now, it took me a long time to do that and i wasted a lot of money fighting what was really gonna happen versus what i thought should happen. And i think a lot of folks have started to take some money off the table worrying about the stock market continuing its march. But the fed is data dependent and we dont believe that were gonna see that data change very much. The u. S. Economy is still in trouble. Theyre still gonna accomodate loose money policies still on the table. The stocks are going to march higher. Whether you think its manipulated or not, thats just the world we live in today. How have you been handling the hedge funds . Theyve been taking these large shots at companies, making a lot of news, a lot of noise. But what have you been doing as a trader with that information . Unfortunately as a trade ....
What are some tricks that have really been working this year . You have to differentiate between what you think is gonna happen and whats gonna happen. Now, it took me a long time to do that and i wasted a lot of money fighting what was really gonna happen versus what i thought should happen. And i think a lot of folks have started to take some money off the table worrying about the stock market continuing its march. But the fed is data dependent and we dont believe that were gonna see that data change very much. The u. S. Economy is still in trouble. Theyre still gonna accomodate loose money policies still on the table. The stocks are going to march higher. Whether you think its manipulated or not, thats just the world we live in today. How have you been handling the hedge funds . Theyve been taking these large shots at companies, making a lot of news, a lot of noise. But what have you been doing as a trader with that information . Unfortunately as a trader you have to have better tim ....
S p within striking distance of alltime record highs. The nasdaq had its best close since 2000. Gold moved up 12, and oil by 82 cents as it edges closer to 104. A microsoft management shakeup is reportedly in the works. The tech company is expected to detail its largest Re Organization plan in 5 years tomorrow. Exxon mobile tops fortune magazines list as the most Profitable Company in the world with 44 billion. The oil giant is followed by apple with 41. A backtoschool spending splurge shopper trak predicts parents will spend more because the economy is stronger now than a year ago. Its exciting times once again for the stock market. Larry shover of sfg alternatives joins us now. Good morning larry. Good morning. The s p 500 cleared 1650. What will that mean to traders today . A big resistance point. Shortterm, its going to get more people off the fence and into the mark ....
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