No Taper For a While
I recently gave a presentation at the Traders Expo. After my talk, someone came up to me and said: Back in August, you were the only person I know who said there would be no Fed taper in September. How did you know? He said everyone in the financial media said there would be a taper and it negatively affected his trading. My answer was simple. Bernanke has made it clear that there will be no taper [...]
Thankful For My New York Family
In the past month, I've had 3 people close to me pass away. The main positive I can take away from this is that you have to let your family and friends know how much you appreciate them every opportunity you get. I moved to New York over a year ago and I didn't know anyone. One thing I did know was that I had to surround myself with great people. There are close to [...]
This is NOT a Bubble!
Over the past few weeks, I've heard people discuss if this current stock market is in a bubble. Every time I hear this, I want to vomit. Here's why: 1) The financial media has nothing to talk about right now. Their job is to scare you so you stay glued to the TV. Think about it, when do you watch the Weather Channel? When a big storm is on its way and NOT when it's 75 [...]
The Biggest Lesson I Learned This Year
I've been trading for 18 years. The beautiful part about it is that I am ALWAYS learning. The second you think you know everything and have the stock market all figured out, you're dead! The lesson I am about to share is not a "new" lesson, but rather, one that has been reinforced this year. That lesson is: You have to constantly adapt to what the market gives you. As Paul Tudor Jones says: "You [...]
A Seasonally Strong Time of the Year
Nothing has changed with my Fourth Quarter Game Plan that I outlined on 9/16/13. 1) There will be no Fed taper until next year. 2) The S&P 500 could see +5-7% upside from here, but individual stocks could potentially see significantly more upside. My feeling is that individual stock pickers will be rewarded more than ETF traders. 3) Money managers will continue to chase the Big Cap names: $GOOG $AAPL $PCLN $AMZN $NFLX $V $WFM [...]
4 Yahoo Finance Videos
Back on August 23rd, I filmed 4 videos for Yahoo Finance. Here are the topic titles and video links: Do Not Buy The Ballmer Bounce: Fahmy No Fed Taper Until New Year Means New Highs: Fahmy 5 Growth Stocks Poised to Profit in the Fourth Quarter: Fahmy Scared By the Nasdaq Flash Freeze? Get Over It Says Fahmy Follow me on Twitter @jfahmy Follow me on StockTwits @jfahmy