Here is a pattern I have noticed in the market about 6 or 7 times this year: 1) The market goes on a 3-6 week run. 2) The run usually stalls when we get extended from the moving averages, bullishness increases (based on many sentiment measures), and active investment managers are aggressively long the market [...]
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 [...]
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 [...]
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, [...]
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. [...]
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 [...]
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 [...]
This is an open letter to @jack, @biz, @ev, @dickc, Twitter executives, @fredwilson, and all other Twitter investors. I originally joined Twitter for the porn and free iPad offers (they say start every speech with a joke, right?). I immediately found tremendous business advantages from it. Through @howardlindzon's StockTwits platform, he allows me to share my [...]
I wrote a blog post recently about 5 stocks that could be higher by year-end. I discussed them in this video I did for Yahoo Finance. I received many comments about this post and the most common one was: "How can you pick stocks that have already gone up so much???" Here are my thoughts: [...]
On Wednesday night (8/21/13), I sat down at my desk to start my evening stock screening. An UNUSUAL sequence of bearish events occurred: 1) I went to check email and I received 2 separate notes from clients. The first one said: Thank you for protecting my IRA during this correction so far, please continue to [...]