Over the past few months, there were dozens of occasions when I wanted to blog about some new government plan to rescue the economy, but I didn’t post it on StockTock because it was not directly related to trading. Well, that won’t be a problem anymore because we are launching a new site, EconomyTock.com.
EconomyTock will be for economic related content that may not have a direct relation to making money in the markets. The site has its own Social network, just like StockTock Social. If you are already a member of StockTock Social, you can use the same account to become a member of EconomyTock Social. We look forward to hearing your thoughts. It’s never been more important to let your economic voice be heard.
Find out more at EconomyTock.com.
[Updated: 6:45 AM, Feb 5]
Yesterday, after the market close, Barron’s Online had a damning article (Do Apollo Group Investors Need an Education?)on APOL which pretty much reinforces what I and the articles I have linked to have said. Excerpts:
How to participate
Share ideas using the comment box located at the bottom of the page. Please make sure comments are related to trading and add to the quality of the discussion.
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Guidelines:
- Refrain from pumping your positions without presenting a technical case that explains your rationale.
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Hot Keys
- Home key: Takes you to the top of the page.
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Charting Software
I use software by ThinkOrSwim (TOS). I use both their regular charts and their Prophet charts. You can download their software for free at their website. You will need to register to use the software. StockTock.com has no affiliation or deal with TOS. We just like their software.
The ES
The ES refers to the S&P E-Mini Futures contract, which trades 23.5 hours a day.
Moving Averages
I track the 20, 50 and 200 simple moving averages (SMA) on the ES 10-minute chart.
- 20MA: Blue
- 50MA: Pink
- 200MA: Gray
VWAP
VWAP is the abbreviation for Volume Weighted Average Price. I use VWAP on an intraday 1-minute chart. To learn more about VWAP and how to use it in ThinkOrSwim, read About Volume Weighted Average Price.
Other Terms
Check out the StockTock Glossary to look up information of other terms you are not aware of. If you cannot find it there, try a Google search or Investopedia.com.
Disclaimer
All comments made by StockTock.com are for educational and informational purposes only and should not be construed as investment advice regarding the purchase or sale of securities, or any other financial instrument of any kind. Please consult with your financial advisor before making an investment decision regarding any securities mentioned herein.
StockTock.com assumes no responsibility for your trading and investment results. All information on the website was obtained from sources believed to be reliable, but we do not warrant its completeness or accuracy, or warrant any results from the use of the information. StockTock.com and affiliated individuals may have a position or effect transactions in the securities herein and or otherwise employ trading strategies that may be consistent or inconsistent with the provided strategies. Trading of any type involves a very high degree of risk. Past results are not indicative of future results.
Volume Weighted Average Price (VWAP)
The VWAP is calculated by dividing the dollar volume of a stock by the share volume over a given period of time. Simply put, the VWAP is the average price that each share was executed over the period of time being studied.
