Free Stock, Commodity, Forex Trading Tips & Education Articles

Owning a business

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This is the Second course in a series of  7 called ” Your financial goals”

Owning your own business is an Indian dream for many. But managing your own business takes a lot more than hard work. You need a financial plan — one that addresses financial needs and products for every stage of your business life cycle and  that takes into account your personal financial goals and dreams.

Tax strategies

As your goals and financial situation change over time, so will the strategies for managing your taxable income. A financial advisor can help you keep your financial plan aligned with your current needs.

Retirement plans and employee benefits

Offering competitive benefits are often the key to attracting and retaining good employees. As a business owner, you’ll want to develop a benefits strategy that fits your and your employees’ needs. This may include workplace financial planning.

Business valuation

A financial advisor can help you assess the value of your business and integrate that information with your personal financial situation. This will give you the comprehensive view you need to plan for a successful future.

Business succession planning

Someday you may want to sell your business or pass it on to a family member, employee or another organization. We can help you develop a detailed succession plan that meets your business and personal needs.

Business insurance and protection

We can help you develop an insurance and protection plan in the event of a disruption, such as the departure or disability of an owner or key employee.

Message for you(Trader/Investor): Google has the answers to most all of your questions, after exploring Google if you still have thoughts or questions my Email is open 24/7. Each week you will receive your Course Materials. You can print it and highlight for your life Goal.

  Your financial goals ( 7 Days – Comprehensive Course)
  1. College education India
  2. Business ownership
  3. Investment planning
  4. Estate planning
  5. Insurance
  6. Long-term health care
  7. Charitable giving
This Completes the List of Courses. Wishing you a wonderful learning experience and the continued desire to grow your knowledge. Education is an essential part of living wisely and the Experiences of life, I hope you make it fun. Learning how to profit in the Stock Market requires time and unfortunately mistakes which are called losses. Why not be profitable while you are learning?

S&P 500, Dow Jones and EURO

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Yesterday SPX fulfilled the script of a narrow range body, it’s the common candlestick (in this case a bearish Hanging Man) that usually follows a white Marubozu. It means consolidation of the previous gains and hesitation.

This pattern could evolve into a bearish reversal pattern ” Evening Doji Star” if today we get a gap down and go. But this is not my preferred scenario.

Regarding the overall count from the September 14 high, I don’t even change a comma, since I remain firmly confident that the current “countertrend” rebound will top in the target box that I have been highlighting in the last few days. Critical overhead resistance is now not far away, either 1397 or a kiss back at the previous trend line support off the October 2011 now converted into resistance.

Once/if price confirms my preferred scenario the last wave (C) down, which could match the length (89.1 points) of the previous down leg; wave (A), is expected to complete the EWP off the September 14 high, hopefully with positive divergences.

For the short term the 10 d mas = 1375.17 could be the demarcation between a mild pullback and something more bearish.

sp-500-price

Regarding the labelling of the current rebound so far we have a 3-wave up leg or a corrective variant (DZZ) therefore we have 3 options:

  • The “oversold” bounce is over ==> the wave (B) is done.
  • Price has established the wave (Y) of a larger Double ZZ.
  • Price has established the wave (A) of a larger Zig Zag.

So we need to see the internal structure of a pullback in order to increase the confidence on a count.

For the immediate time frame yesterday’s down leg after completing an Ending Diagonal suggests that there should be at least one more down leg.

sp index

As I mentioned yesterday I am watching:

1. EUR: “Since in my opinion the internal structure of the rebound off the November 13 lod is clearly suggesting that in the near future price has more business to the down side. So far bulls here are struggling to reclaim the 200 d ma, which coincides also with a strong horizontal resistance, while slightly above there is the steep declining 20 d ma. Barring “good news”, with the current weak structure, which could be shaping a bearish Flag, price should reverse in the range of the Trend line resistance in force since the October 17 high and the next horizontal resistance at 1.2876″.

So far price is maintaining the sequence of higher lows hence if price breaks above 1.2840 (trend line resistance off the October 17 high) then within the corrective pattern in progress price could extend the move towards the next resistance located at 1.2876.

euro

2. VIX: we now have to watch the trend line support and the possible “sell equity signal” that would be issued with en eod print above the Bollinger Band of the Envelope > 15.50.

Yesterday’s doji + oversold Stochastic are favouring at least a bounce attempt, although ahead of Thanksgiving holiday it may not be a reliable indicator.

sp-500-vix

I wish a wonderful Thanksgiving to US readers.

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Fiscal Cliff Navigation Tactics

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Nov 20, 2012
  1. Earlier this year, Goldman Sachs’ Peter Oppenheimer said that compared to bonds, US stocks were the cheapest in 50 years.
  2. If Peter is correct, that could be good news for your gold stocks, because there is an ongoing correlation between the Dow and most gold equities.
  3. Unfortunately, Goldman also believes that the fiscal cliff situation could drive stock markets 8% lower by year-end.
  4. You are looking at the daily chart for the Dow, and you can see that it made a small top in mid-September. It has declined about 8% from the high.
  5. Gold stocks are more volatile than the Dow. GDX declined about 18%, during the period in which the Dow fell 8%. There is a lot of symmetry between these two charts.
  6. If the Dow is set to fall another 8% from the lows of last week, GDX could fall another 18% from its recent lows. That would put GDX at about $37, and below the May-July lows.
  7. Some of the largest gold companies are already trading near their summer lows, which is somewhat alarming.
  8. If you own a home, it is wise to purchase home insurance. If you own gold stocks, carrying some cash and short positions is a form of insurance. That’s the daily chart of DUST, which is effectively a triple-leveraged bet against GDX. The performance is calculated on a daily basis. I’m a buyer, moderately, in the $28 and $22 areas.
  9. What would happen to gold stocks, if Goldman Sachs is correct about the Dow falling another 8%, and then they called for an even harder fall, instead of a rally?
  10. The situation could get quite ugly. A small position in DUST may help gold stocks investors to professionally manage fiscal cliff fear.
  11. Gold recently sold off along with the other so-called “risk on” markets, but it bottomed quickly. The daily chart shows a nice head and shoulders bottom pattern in play.
  12. The daily gold chart looks superb. The H & S pattern sits near the demand line of a beautiful rising channel.
  13. HSR (horizontal support & resistance) at $1758 is the initial upside target, and then $1800. A “price pop” to the $1825 price zone could be a game changer for gold stocks.
  14. Silver looks even better than gold. Yesterday’s price action was important, because it took silver above the neckline of a head and shoulders bottom.
  15. At this point in time, gold has yet to rise above its neckline, so silver is clearly the leader.
  16. Silver seems eager to race to $35.50, and if gold can rise above $1800, that could catapult silver into the $40 range.
  17. There’s more good news. Ben Bernanke makes a speech in New York today, and he may give more hints about ramping up QE3. Currently, QE3 is being “diluted”, because the Fed is selling short term Treasuries.
  18. There are rumours that the Fed may cut back on that practice, or even halt it, before the end of the year. If “Big Ben” speaks boldly about ending the dilution of QE3, gold and silver could spike higher, very quickly.
  19. Most investors in the gold community like speculative resource stocks. If you are looking for action, my favourite play right now is the “Global X Gold Explorers” fund.
  20. At about $8 a share, the GLDX ETF is something that is probably priced “just right”, for action-oriented investors. In contrast, GDXJ is trading at about $22.
  21. It’s a lot easier to look down from $8, than it is from $22. Aggressive investors should considering accumulating GLDX on every 25 cent decline, inside the highlighted $7-$9.75 “price box”.
  22. I like both GDXJ and GLDX, but there’s no question that GLDX is a lot easier to handle, emotionally.
  23. A move above $1800 in gold could be the catalyst that takes GLDX above $10. From there, the target would be $13, which is about 50% higher than today’s price!

Your financial goals: College education

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This is the first course in a series of  7 called “Your financial goals“

Saving for education

Are you planning to help your children or grandchildren with their education expenses? Or thinking of taking classes yourself? There are many options to help you achieve this goal.

Determine your education needs

You can begin to create a college savings plan by defining your education needs and preferences:

  • Would you prefer a private or a public school?
  • What will it cost? How much is too much? Make sure you take college inflation rates into account.
  • How long will it take, or how long do you have, to save?

The cost of college education

College costs increase at about twice the rate of inflation, from 5% to 8% per year. And these costs are already steep. According to google.com search over the India, the average tuition and fees for 2011 – 2012 for students are:

Type of college or university

Cost per year**

Two-year public college in stateRs. 1,50,000
Four-year public college/university in stateRs. 4,00,000
Four-year public college/university out of stateRs. 8,00,000 or more
Four-year private college/universityRs. 15,00,000

**In addition, you may have to pay for room and board. In 2011 – 2012, average room and board costs for a public four-year college or university full time is Rs. 4,44,350

Several other factors may also affect the cost of an education:

  • Student’s age
  • Academic record
  • Financial aid opportunities
  • Scholarships available
  • Degree goal
  • Housing costs (on- or off-campus)
  • Military service

Common college saving plan options

  • Accounts  allow you to make an irrevocable gift to a minor to an account that your child ultimately controls when he or she turns 18 or 21 (depending on state law). He or she will be able to use the funds for education and other expenses.
  • College savings plans are generally sponsored by states, state agencies or educational institutions for college tuition and expenses. These investment plans stay under your control and offer certain tax and contribution advantages.
  • Education Savings Account (ESA)  You can contribute to this investment account until children turn 18 unless the child is a special needs beneficiary. This type of account can be used for elementary, secondary and college expenses and tuition. It includes tax benefits but has a maximum contribution limit of (Find as per you state rules) per year.
  • Traditional/Roth IRAs. Penalty-free distributions are allowed from IRAs for eligible educational expenses for you, your children and your grandchildren. (Income taxes may apply to IRA and Roth IRA withdrawals). IRAs are not counted as assets for financial aid calculations, but withdrawals are considered financial aid income for parents.
  • Other options. In addition to savings, current income and borrowing, there are other ways to finance higher education:
    • Financial aid from federal and state governments
    • Work-study programs or a part-time job for the student
    • Loans from private, federal and college sources
    • Scholarships and grants from different sources
    • Family gifts

Borrowing from your retirement account to pay for education expenses

Borrowing from your home equity or retirement account — or reducing your retirement savings contributions to help pay for college — is an option. However, doing so could mean you’ll need to work longer than you planned before retiring. Encouraging your child to take out a loan for college, such as a Stafford loan, may mean that he or she will graduate with some debt. But remember that he or she will also have a much longer period of time to pay off the loan.

 

Other financial considerations for a college savings plan

As you explore college financing options and determine which program, or combination of programs, will best meet your needs, you may wish to talk to a financial advisor to guide you through the finer points such as:

  • How does saving for education fit into your financial life? How can you resolve competing needs to save for retirement and a child’s education?
  • What calculations are used by institutions in determining financial need?
  • How will a college savings plan affect your taxes, financial aid eligibility and tax credits?
  • What investment options do you have based on your risk tolerance and when the funds will be needed?
  • Which currently held funds are accessible and what are the penalties for early withdrawal?

(Note: As Per Indian, you search in google to get perfect plan while you are studying)

Message for you(Trader/Investor): Google has the answers to most all of your questions, after exploring Google if you still have thoughts or questions my Email is open 24/7. Each week you will receive your Course Materials. You can print it and highlight for your life Goal.

Your financial goals (7 Days – Comprehensive Course)

  1. College education
  2. Business ownership
  3. Investment planning
  4. Estate planning
  5. Insurance
  6. Long-term health care
  7. Charitable giving

This Completes the List of Courses.

Wishing you a wonderful learning experience and the continued desire to grow your knowledge. Education is an essential part of living wisely and the Experiences of life, I hope you make it fun.

Learning how to profit in the Stock Market requires time and unfortunately mistakes which are called losses. Why not be profitable while you are learning?

Continue reading

ALTER: Nifty future 20-11-2012 updated

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nifty-future-view

Nifty Future is trading flat range last 3-secessions. In these three secession, you will find sign of reversal. Traders can start buying 5566-5538. As mention in chart, trader can enter for long side among this range.

In case, Nifty future break 5527, then you will see free fall 5298-5232. Therefore, you must keep stoploss and follow chart with levels.

After closing 5622 or crossing, long side will be safe for more profit 5652-5669 and 5782-5800

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Gold and Silver Trading Tips Report

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gold-spot-price3

Gold-and-Silver

Arguments for lower prices:

  • 3rd attempt (within 11 months) to take out heavy resistance around US$1,790.00-1,800.00 failed and Gold clearly broke down from bearish wedge in October
  • COT Data again pretty bearish for gold and silver
  • Mining Stocks crashed down through support and 200-MA
  • US-Dollar in short term uptrend since mid of september, so far no clear trend reversal
  • Recession in Europe, slower demand from China and India

Arguments for higher prices:

  • Gold & Silver bounced impulsively from oversold levels. This price action has a very bullish character.
  • Gold clearly above 200-MA (US$1,665.66)
  • Reversal at Fibonacci retracement, this confirms “correction” within uptrend
  • Gold/Silver ratio heading lower again, creates MACD buy signal for precious metals
  • Longer term Gold in similar correction pattern like 2008/2009. Breakout to US$2,000.00 expected to happen in summer 2013
  • New uptrend in precious metals since august 2012 that should carry gold up to US$1,850.00 and 1,900.00 until spring 2013.
  • US-Dollar Death Cross (long-term 200-MA broke above its short-term 50-MA in mid of october). This signals dollar weakness!
  • November very bullish seasonals. Seasonality until spring very promising.
  • Never fight the FED. Unlimited QE -> money printing all over the world will push asset prices in all sectors higher…
  • Throughout history, periods of massive money creation have always been inflationary and this time should be no different.
  • Santa Claus/Year End Rally has probably started yesterday
  • massive tension and escalation in middle east (Israel & Gaza, maybe Egypt and other states to get involved ?)

Conclusion:

  • After the initial impulsive bounce from oversold levels Gold has been consolidating between US$1,740.00 and US$1,705.00 in a bullish fashion. Now Gold looks ready to break out above US$1,740.00 very soon. This breakout will start a heavy wave of buying/short covering and should bring gold very fast to next resistance at US$1,790.00 / US$1,800.00. Here another setback must be expected. Overall I continue to believe that Gold will move up to US$1,850.00 and around 1,900.00US$ until spring 2013.
  • Any break below US$1,705.00 and especially US$1,696.00 would be very bearish but is not expected.

Long term:

  • Nothing has changed
  • Precious Metals bull market continues and is moving step by step closer to the final parabolic phase (could start in 2013 & last for 2-3 years or maybe later)
  • Price target DowJones/Gold Ratio ca. 1:1
  • Price target Gold/Silver Ratio ca. 10:1
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