Saving money is one of the most important things you can do for yourself and your family. Young investors often struggle when it comes to saving their money and knowing where to save their money. If you are looking for places to save money in your 20’s and 30’s, here are some great options to consider. Savings Account Everyone of every age needs to have a savings account. Most banks will provide you with a free savings account when you open a checking account. Having a savings account is vital … [Read more...]
Stock Market Likely to Drop 7-10% This Month
The longer the market trades in a range, the stronger the breakout is when it occurs. The S&P 500 has setup a very similar topping pattern this month as it did in August before a rapid and steep sell off. John Nyaradi of www.wall-street-sector-selector.com, created a nice chart showing this in an article he wrote on SeekingAlpha.com: As you can see the topping patterns are very similar including the Full Stochastics being overbought. However, this time, the RSI has been even more … [Read more...]