Weekly Reader – Personal Finance, Money Management, and Investing

Personal Finance

  • Not a fan of Tony’s new book – MONEY Master the Game: 7 Simple Steps to Financial Freedom (Bloomberg)
  • Backtesting the All Weather Portfolio from Tony Robbins new book (A Wealth of Common Sense)

Money Management

Investing

Odds and Ends

2014 LA Auto Show Wallpaper - Jalopnik

2014 LA Auto Show Wallpaper – Jalopnik

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Safe Investing – Weekend Market Outlook

Market Outlook entering the Week of Nov 23rd = Uptrend

MOVING AVERAGES

  • Short-term (20 DMA): Uptrend
    All the major stock market averages ended the week above their 20-day moving averages.
  • Intermediate (50 DMA): Uptrend
    All the major stock market averages ended the week above their 50-day moving averages.
  • Long-term (200 DMA): Uptrend
    All the major stock market averages ended the week above their 200-day moving averages.

COMMENTARY
More price action in the markets last week, as the S&P500 was able to break-through the 2,040 level.  As mentioned above, all the indexes remain above their moving averages.

William O’Neal’s Big Picture analysis shows a confirmed uptrend with 1-2 distribution days.

Elliott wave analysis indicates that the long-awaited correction (which seemed to be taking hold in October) remains just that…long awaiting.  For now, the “uptrend that could” keeps on chugging along.

Key S&P500 price levels to watch:

  • Resistance: 2,070
  • Support: 2,019

A few weeks back, I mentioned that any uptrend in late October would be a good time to adjust your holdings (sell into the rally, so to speak)…which is what I have been doing to my personal holdings.  Safe investors are trade to make money, regardless of whether their opinions turn out to be right or wrong.  I feel very fortunate to be taking profits even though my sell signal was incorrect and to have another data point that will improve robustness of my system.

Elliott Wave Analysis from the ELLIOTT WAVE lives on by Tony Caldaro

Candlestick charts for US stock market averages

2014-11-15 – US Stock Market Averages

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Weekly Reader – Personal Finance, Money Management, and Investing

Personal Finance

  • Are you obsessed with someone else’s wealth too? (WSJ)

Money Management

  •  Adults under 35 have a savings rate of -2% ! (Yahoo)

Wall Stree Journal Savings RatesInvesting

Odds and Ends

  • Volkswagon Concept Car Looks Wicked Fast (Yahoo)
Red Volkswagon Vision GTI Roadster

Vision GTI Roadster

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Safe Investing – Weekend Market Outlook

Market Outlook entering the Week of Nov 16th = Uptrend

MOVING AVERAGES

  • Short-term (20 DMA): Uptrend
    All the major stock market averages ended the week above their 20-day moving averages.
  • Intermediate (50 DMA): Uptrend
    All the major stock market averages ended the week above their 50-day moving averages.
  • Long-term (200 DMA): Uptrend
    All the major stock market averages ended the week above their 200-day moving averages.

COMMENTARY
A quiet week for the markets.  All the indexes remain above their moving averages, William O’Neal’s Big Picture analysis shows a confirmed uptrend, and no changes on the Elliott Wave front.  Key S&P500 price levels to watch:

  • Resistance: 2,070
  • Support: 2,019

Elliott Wave Analysis from the ELLIOTT WAVE lives on by Tony Caldaro

Candlestick charts for US stock market averages

2014-11-15 – US Stock Market Averages

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Weekly Reader – Personal Finance, Money Management, and Investing

Personal Finance

  • Interview with a 27-year old millionaire (Yahoo)

Money Management

Investing

Odds and Ends

  • Not so hidden – Scientists build first map of hidden universe (Phys.org)
3D map of the cosmic web 10.8 billion light years from Earth

The Hidden Universe

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Safe Investing – Weekend Market Outlook

Market Outlook entering the Week of Nov 9th = Uptrend

MOVING AVERAGES

  • Short-term (20 DMA): Uptrend
    All the major stock market averages ended the week above their 20-day moving averages.
  • Intermediate (50 DMA): Uptrend
    All the major stock market averages ended the week above their 50-day moving averages.
  • Long-term (200 DMA): Uptrend
    All the major stock market averages ended the week above their 200-day moving averages.

COMMENTARY
The markets continue to rise.  For the week, William O’Neal’s Big Picture analysis remained in a confirmed uptrend.

Key S&P500 price levels to watch:

  • Support: 2,000 and 2,019
  • Resistance: 2,070 and 2,085

Elliott Wave Analysis from the ELLIOTT WAVE lives on by Tony Caldaro

Candlestick charts - US Stock Market Averages

2014-11-09 – US Stock Market Averages

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Weekly Reader – Personal Finance, Money Management, and Investing

Personal Finance

Money Management

Investing

  • Income Investing -  Key Ingredients for Successful Dividend Investing (Dividend Growth Investor)
  • Growth Investing – Bulls or Bears? Secular Market Update (dshort.com)

Odds and Ends

  • Customized BMW i8 (Yahoo)
lowered black BMW i8

BMW i8 – Boldride

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