200 SMA Moving Average Archive
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A Crazy Proposition
I read an article in CNN written by economist Steven Kyle. The article is spot-on discussing the chain of events that could happen if the United States were to default its debt. His solution is quoted below: “Were I advising a low-income country that had no choice but to listen to my advice, I would [...] -
The Short Power.
I read yesterday on Twitter that the current correction is a bear trap. A bear trap is a correction in stock prices that institutions create to purchase more shares at lower prices. The rumor is that institutions want to force prices down to the 200 day moving average line on the major indexes and then [...]