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Day: April 30, 2019

Walmart Shoots Their Shot At Amazon

April 30, 2019 Published by

During Amazon quarterly earnings’ conference call last week, Brian Olsavsky, the chief financial officer said they are evolving their Prime free two-day shipping program to be a free one-day shipping program.  The news sent shock waves through the retail space after the announcement.  However, this was ultimately Amazon’s plan from day one, well not exactly day one.  Over the years, Amazon has ignored Wall Street and continued spending money building fulfillment centers.  In 2005, there were about 12 fulfillment centers.  Today there are over 100 fulfillment centers. 

To support the goal of one day shipping, Amazon started taking the logistics of

Trusting Your Gut as a Trader is Tough

April 30, 2019 Published by

When it comes to technical analysis and trading the idea of “trusting your gut” actually goes against all the rules.
Indicators and Patterns
Generally decisions are determined by the information a price chart and the indicators are giving you.  Yes, there is interpretation in that, but usually you don’t go on a feeling.
However, maybe that “gut feeling” is something that is developed after many years of actively investing.
I get that gut feeling at times and it’s usually goes against everything that the chart is telling me.
The chart of litecoin in this post is an example.  My gut was telling me to sell

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