The Four Types of People in this Market
1) The first type is the investor who is sitting out, mostly in cash, barely invested, or refuses to participate. They either feel the market is overvalued or we are about to crash any day. It’s impossible to help these people because they have already made up their mind about what the market SHOULD do rather than focusing on what it is ACTUALLY doing. For example, a potential client I spoke to said he wouldn’t [...]
Three Reasons for the Strength in Biotech
I screen the market every night looking for strong fundamental and technical stocks. One thing I try to identify is themes and leading sectors. Over the past two months, I have noticed more and more Biotech stocks showing up on my screens. Not only are they setting up technically, but they are also breaking out and producing strong gains. There are three main reasons for this: 1) During the Presidential election, both sides discussed lowering [...]
VIDEO: Yahoo Finance Final Round Show 9/20/17
Here is the video clip from my Yahoo Finance appearance on their Final Round show on 9/20/17. I joined host Jen Rogers and Yahoo Finance Editor-in-Chief Andy Serwer for the first half of the show. I can be reached at: jfahmy@zorcapital.com
How Trump Is Going To Shock The World…Again!
No one thought he was going to run for President, and he did. No one thought he would ever get the Republican nomination, and he did. No one sure as heck ever thought he would win the Presidency, and he did. When he did win, the majority of pundits thought the stock market would crash, and it did just the opposite. Now, President Trump will shock the world and the financial markets again because no [...]
Paul Tudor Jones on Jesse Livermore
One of the greatest trading books ever written is Reminiscences of a Stock Operator. The original book was published in 1923, but in 2010, an Annotated Edition was produced by Jon Markman. This edition reveals the truth about Jesse Livermore and provides colorful, historically accurate commentary on the characters, places, and events that have made Reminiscences such an enjoyable and educational read for generations. The foreward to the Annotated Edition is written by legendary trader Paul [...]
Go Ask 10 People
There is an area of the stock market that very few people talk about: Psychology. While fundamentals and technicals are important, one could argue that psychology is even more important because the market tends to fool the majority. In other words, it is important to know what the majority of people are thinking and to make sure you're not thinking the same way. Over the last 100 years, companies have come and gone, but the [...]