The Impeccable Stock Software's Blog
Effectively Use Analysts To Profit From The Market
Learn how to use analysts to validate your market opinion
According to research by TipRanks, the average success rate of the 25 best performing analysts, measured as the percentage of profitable recommendations over a year, was 67.6%, and their average returns from 2011-2020 outperformed the S&P 500 by 21%.
What does this mean? This means if you follow the top 25 analysts, you'll be able to outperform the overall market. You can view what the top analysts think of any stock for free by visiting our main site.
This free tool is provided by the Impeccable Stock Software to help people have access to everything they need to make educated trade plans and decisions. Please use this free resource and share it with friends! [Read more...]
One Of The Best Swing Trading Indicators Ever
This Indicator Will Help You Catch Tops and Bottoms With Ease!
Swing trading and trend following is one of the best approaches to the stock market that you can use because it helps you capitalize on the big market moves without being suck in the market during crashes. However, there are so many different strategies you can use for this approach.
Here is one of the best swing trading indicators that you can use. The indicator is called the Moving Average Convergence Divergence or MACD for short. The strategy is called MACD Divergence plays.
MACD Divergence is classified as opposing trend directions between MACD and the stock chart near a support or resistance level. If MACD is headed in a downwards direction while the stock is trending up, then it is indicative of a reversal. The same is true of the inverse, if the MACD is trending up and the stock is trending down near a support level, a reversal is indicative.
A pet peeve of mine in the trading education industry is when people share strategies without sharing what markets the strategy works best in. The MACD Divergence strategy works best in range bound markets when the market is very sideways and up and down. This strategy doesn't work well when the market is trending: either up or down.
If you want to quickly and easily identify MACD divergence plays, grab your free trial to the Impeccable Stock Software. The software will not only alert you if the stock you are looking at is likely to breakout or reverse, but it will alert you to that for any stock on the market that matches that criteria. Grab your free trial (no credit card required) today! [Read more...]
All Swing Traders Must Use This Secret Hack
Having the right tools will make your job 100x easier
4 Simple Steps To Master Trend Following
Price Action And Trend Trading 101
Most Anticipated Earnings This Week
May 16th, 2022
These are the top stocks with earnings this week! They will be good to watch and bring extra volatility to the market. Just a reminder that earnings are a 50/50 bet, so go all in on an earnings play. More times than not, the trend before the earnings day will continue after the spike in volatility. [Read more...]