The emergence of a bearish candlestick the following day affirms that momentum had changed from bullish to bearish on bears overpowering the bulls. Additionally, there are some characteristics of a shooting star formation that, if they occur, make the signal of a possible market reversal to the downside stronger. A price close that is below […]
I would not like to have a significant percentage of my net worth invested in tobacco businesses. The economy of the business may be fine, but that doesn’t mean it has a bright future. The American Express shares, which were purchased shortly before, are selling for more than double the price Buffett paid for them. Buffett’s use […]