This marks the end of a downtrend and the start of a new uptrend. Because as time passes, more buy stop orders would accumulate above the highs of the Neckline (from short sellers). And when you trade the Inverse Head and Shoulders Pattern in an uptrend, BOOM, you’ve just increased your odds of winning. One…
Either way, Newton sees gold prices eventually blowing well beyond those figures. In the past couple of weeks, gold futures have surged 3% and briefly breached a key psychological threshold of $2,000 per ounce on Tuesday. It’s always a good idea to carefully consider the risks of any investment before making a decision. The best…
And when you do, you can reap the many benefits of finance-driven business decisions. Unless you’re lucky enough to own space and your own equipment outright, you’ll need to pay for your infrastructure. Utilities, cooking and cooling equipment, insurance and signage are common expenses, but you’ll also need to consider maintenance costs. Remember, servicing your…
Written documents of your expenditure or use are generally better evidence than oral statements alone. Section 1.168(i)-6 of the regulations does not reflect this change in law.. The passenger automobile limits are the maximum depreciation amounts you can deduct for a passenger automobile. They are based on the date you placed the automobile in service.…
Companies with an improving current ratio may be undervalued and in the midst of a turnaround, making them potentially attractive investments. An asset is considered current if it can be converted into cash within a year or less. And current liabilities are obligations expected to be paid within one year. The company has just enough…
In fact, holding on too tightly to accounting and bookkeeping if you don’t have a financial background can actually create more issues than outsourcing it early on. There are tons of nuances around payroll taxes, and it is one of the few things – along with student loans – that can be discharged even if…
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In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA). The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action. The Fear & Greed Index can be a useful measure of Quantum Hunter investors’ sentiment,…
It’s a convenient way of seeing if a prepaid carrier’s coverage is strong in your area. If you want the benefits of AT&T’s network without the high cost an AT&T unlimited plan, try Cricket, which gives you 10GB for $40/month. Autopay enrollment saves you $5 each month, and you get 2GB of cloud storage. Electronic…
$10,000 for 30 years at 10% per years turns into $174,494.02. It showed me that something this fundamentally important bears repeating. I’ve heard more than a few coaches stress the importance of “practicing the fundamentals” in sports. Growing up, I would hear “even Magic Johnson practices dribbling and passing every day”. The same thing applies…