Jesse Livermore and setups

Jesse Livermore was one of the most successful speculator . During his lifetime, Livermore gained and lost several multi-million dollar fortunes. Most notably, he was worth $3 million and $100 million after the 1907 and 1929 market crashes, respectively. $100 million in 1929 was close to billion of today or more. He did not lose all his money in market, lot was lost in divorce and colorful lifestyle. He committed a suicide.

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Buying Stocks Just Got a Lot Riskier

The “Santa Claus rally” started on Monday. Now, just four days later, the S&P 500 is up 7%.

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Why Everyone Is Wrong About the American Oil Boom

This year, an army of financial analysts has come forward to estimate how big the coming boom in U.S. oil production will be.

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