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An Apology To My Dad On Father’s Day
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Happy Father’s Day to all the dads out there, you make us who we are!!
In your honor, we’re having a Father’s Day sale with savings up to 56% off all annual newsletters on Profitly HERE
Also to honor this great trader whose made $2+ million & taught thousands of students, click HERE to save 40% off select DVD study guides.
Both blowout sales will only last a few days so grab the savings now!
Now onto the subject at hand which is much more difficult for me to write about because it’s my biggest regret/failure in life.
This morning I posted these pictures of my dad Joel & I with the caption:
Happy Fathers Day to my dad Joel, the absolute BEST dad in the world…my best friend, business partner, my everything…many more courtside seats & jet skiing adventures to come! #thebestmaniknow #bigjew
http://www.timothysykes.com/2014/06/apology-dad-fathers-day/
Leading, lagging and coincident indicators
May 21, 2014 // by Profitly // Features, Profitly // No Comments
One of the first things you’ll hear about in any sort of economics course is the different types of indicators. You may be thinking that this isn’t important for penny stock traders to know, but you would be 100% wrong. Why?
Macro economics trends impact the general direction of the stock market and the sectors within it. If you are trying to short a stock when the market is up 5% that day due to a great jobs report number, you’re chances of having a great trade are far less than if the market was down 5% due to a horrible jobs report. Even if you have the best penny stock to trade, thinking it will be a great short since it’s a horrible company, you may time it poorly if you do not pay attention to the overall economy and market. This is a big part of learning how to trade penny stocks and earn a lot of money trading penny stocks as well.
http://blog.profit.ly/
So, what are these indicators that I’m talking about? First of all, they are all free to obtain and most of the major news outlets will cover them to a certain extent. Policy making outlets like the Federal Reserve and others use these indicators to determine where the economy is headed and at what pace it is moving in that direction. The Federal Reserve even tied the unemployment rate to their bond buying and interest rate policies. The data points are each released at a specific time that does not change, such as the unemployment report coming out the first Friday of every month.
An indicator is anything that can be used to predict future financial or economic trends. I’ve talked about the unemployment rate a lot since that is probably the most well known indicator, but other examples of the most important ones according to Investopedia are: the Beige Book released at 2pm two Wednesdays before every Federal Open Market (FOMC) meeting; the Business Outlook Survey released at 12pm the third Thursday of every month; the Consumer Confidence Index (CCI) released at 10am on the last Tuesday of the month; the Consumer Credit Report released at 3pm about five weeks after the month’s end; the Consumer Price Index (CPI) released at 8:30am at mid-month; the Durable Goods Report released at 8:30am around the 20th of the month; the Employee Cost Index (ECI) released at 8:30am on the last Thursday of January, April, June and November; the Employee Situation Report released at 8:30am on the first Friday of every month; the Existing Home Sales released at 8:30am during the fourth week of the month; the Factory Orders Report released at 8:30am during the first week of the month; the Gross Domestic Product (GDP) released at 8:30am four weeks after the quarter ends and three months after the quarter ends (revised release); Housing Starts released at 8:30am on or around the 17th of the month; Industrial Production released at 9:15am on or around the 16th of the month; the Jobless Claims Report released at 8:30am on Thursdays; the Money Supply released at 4:30pm on Thursdays; Mutual Fund Flows released during market hours every month; the Non-Manufacturing Report released at 10am on the third business day of the month; Personal Income and Outlays released at 8:30am four to five weeks after the months end; the Producer Price Index (PPI) released at 8:30am during the second or third week of the month; the Productivity Report released at 8:30am approximately five weeks after the previous quarter’s end; the Purchasing Managers Index (PMI) released at 10am on the first business day of the month; the Retail Sales Report released at 8:30am on or around the 13th of the month; the Trade Balance Report released at 8:30am on or around the 19th of the month; and the Wholesale Trade Report released at 10am on or around the 9th of the month.
Wow, I bet you never knew there was that much news that could impact the market!
So, now let’s break them down between leading, lagging and coincident.
First, what is a leading indicator? These types of indicators signal future events and are typically defined as quantifiable economic factors that change before the economy starts to follow a specific trend. One basic was to think of this is referring to how a yellow traffic light indicates that the red light is coming. Leading indicators work this way, except they are not as accurate as the traffic light. Bond yields are typically considered a good leading indicator of the market. This is because traders anticipate and speculate trends in the economy which impacts bond yields. Other leading indicators include market returns, as the stock market usually begins to decline before the economy as a whole declines and usually begins to improve before the general economy begins to recover, as well as the index of consumer expectations, building permits and the money supply.
And lagging indicators? They are measurable economic factors that change after the economy has already begun to follow a specific trend. Going back to our traffic light example, think of how that same yellow light comes after the green light. Since these indicators lag the price of the asset, a significant move will largely occur before the indicator is able to provide a signal. They confirm trends, rather than signal the trends are forthcoming. Examples include the unemployment rate, corporate profits and interest rates. Think of how the unemployment rate signals that the economy has slumped in previous months and has caused employers to lay off some of their employees.
Finally, what are coincident indicators? These indicators show the current standing of economic activity. They change at the same time as the economy. Going back to the traffic light again, the green light would be a coincident indicator of the pedestrian walk signal. Examples include personal income, average weekly work hours and Gross Domestic Product (GDP).
UMNG Long Stockbyngsteve85
Entry comments: buy
Posted: May 23, 10:22 AM
http://profit.ly/trades/open
NWGC Long Stockbyngsteve85
Entry comments: buy
Posted: May 23, 11:06 AM
http://profit.ly/trades/open
I will be updating the IBOX soon just trying to organize my content!
Good picks bud I will take a look
RENG and OMRX both reinstated and ready to run...Sykes approved for you!
Thanks bud just marked you back.
Just did and followed you
Board mark me at least lol
Because he knows I'm right weeeeeeedee
he had admin delete is comment I can`t restore it lol wow.
Wow thanks I cannot believe you commented lol. It seems you have a lot of jealousy for your success. I have been following your strategies and your DVD learning sets I found on the internet. I am soon going to sign up for your paid service. I like that You tell it how it is some people cannot handle that. Keep up the good work!
How is Jason and the rest of the crew doing, you pump stocks just like everyone of the other promoters its just in a different manner. Don't lie about it, I'll give it to you, you make big money at least. However the ego is a little much, here is a tip though ORFG has a 101 million shares to be dumped and converted end of month, join us as we short this pig into oblivion
Weekly Roundup: May 5-May 9
May 13, 2014 // by Profitly // Profitly, Profitly Weekly // No Comments
Time for another weekly roundup of guru trades on Profitly! Remember that we aren’t going to write about every single trade in this post, since that would be extremely boring. We are just covering the big, exciting trades that you all want to learn from.
First up we have a bunch of great trades from Tim!
Let’s start with a $3,036 profit on IDN. Tim bought 50,000 shares at $0.63 on the 9th and sold them the same day at $0.69. Here are his comments: Entry comments: Bought this former runner on a dip due to their releasing Fugitive Finder app http://tim.ly/1oxws7Z already got some press, I expect more over the weekend, earnings next week, expect them to hype it up, I wanna make 10-20-30% if this catches a bid, low risk given the rop from $1/share. Exit comments: Grrrr as I type this it just broke through .69 so I played it too safe…oh well, anyway I’m out, here’s my commentary: Got a nice spike off the news, but it can’t seem to break .69, May 2nd resistance, I thought it could at least get up to .75ish resistance, perhaps I’m playing it too safe, perhaps its just the overall market…speculative play though, I’ll rebuy on any big dip or breakout…gotta respect intraday double tops though.
Value vs. Growth Stocks
http://blog.profit.ly/2014/05/16/value-vs-growth-stocks/
Not all stocks are created equally. There are two distinct groups of stocks that people often talk about: value and growth. So what’s the difference and how can you pick the best ones to trade? Penny stock traders should know the difference even though this isn’t distinctly penny stock research. It can still help you find the best penny stocks to watch.
Well, a growth stock is a company whose earnings are expected to grow at an above-average rate relative to the market. Since they tend to reinvest their earnings into company projects, they do not typically pay dividends. The newer stocks in the tech sector like Twitter would be known as more growth stocks. Something like Google on the other hand wouldn’t be as much of a growth stock since it does pay dividends. Recently there has been a debate on whether Apple is a growth or value stock.
So how do people trade these stocks? Growth investors believe in buying stocks with above-average earnings growth and disregard the current price of the stock. The guiding principle of growth investing is to look for companies that keep reinvesting into themselves to produce new products and technology, in other words, they focus a lot of their capital on research and development.
On the other hand, a value stock has a tendency to trade at a lower price relative to its fundamentals. The fundamentals could be things like earnings or sales. This causes the stock to be considered undervalued by a value investor. The common characteristics of these stocks are: a high dividend yield, low price-to-book ratio and/or low price-to-earnings ratio. A value investor has the belief that the market isn’t always perfectly efficient and that finding companies trading for less than they are worth is a possibility.
Value investors look exclusively for stocks that are trading at a discount to their usual valuation or what people calculate they should be worth based on things like future earnings projections. It’s important to know the difference between growth and value because they react differently in economic situations. A value stock’s earnings typically fluctuate with the economy and tend to do well when the economy is accelerating out of a recession.
Something else that separates traders looking at value from growth is how they view the market. Growth investors are very forward looking while value investors tend to look at history. People trading growth stocks propose that companies with above average growth rates will generate returns that are also above average. The problem with this strategy arises with the realization of that growth. In order for the price of the stock to rise, the company needs to achieve those growth expectations. Traders looking at value stocks take a lot of time to examine financial statements to estimate the value of the stock to compare it to the current trading price. If the calculated value is a significant amount lower than the current trading price, the investor will buy the stock. The problem arises in getting people to agree on what the calculated value should be.
There are studies that show your returns benefit over time when you buy stocks that are cheap relative to others, aka a value stock. To explain this, think of price to earnings ratios. Suppose stock XYZ typically trades with a P/E ratio of 15 to 25. If you buy XYZ when it is trading at a P/E of 16, and then it goes to 22, you can sell it when the P/E ratio starts to fall back towards the lower end of that increment. This isn’t a risk free investment. If it were, everyone would follow this strategy. Risk becomes involved since you face the possibility that XYZ’s P/E has fallen because the company no longer justified at that level due to various reasons such as business outlook or macroeconomic factors.
Almost all penny stocks are more likely to be growth since hardly any of them will pay dividends. I mean, if a company is worth so little, it’s unlikely they are going to be able to pay out dividends or buy back stock. They’re probably too busy paying their promoters to send money to penny stock traders. Remember that most penny stocks are pump and dump penny stocks.
Taking both of these strategies into account, you might ask why people don’t simply invest in a stock that has a low P/E and a rapid rate of earnings growth. Well, this is because these situations are rare. Any hint of growth attracts investors and increases the stock price. This doesn’t mean that these situations never happen, you just have to do a lot of research and be prepared to act quickly. People make and lose money with each of these strategies, so it is more or less about finding out which is right for you and then adjusting accordingly.
Not at all. Have a good one
I don't take opinions to heart as long as it's not a personal attack to me :) life is to short...
Not saying anything bad about you bud but the guy is not an honest person. Strategy is strategy so i will give you that. Anyway have a good weekend
I like his trading strategy and he gives a lot of good info think what you want. You are in titled to your opinion.
The guys dad trades for him. He pumps stocks. Clearly you are unaware of the truth of Sykes and his publishing companies
Hey this is your opinion I let negative comments and opinions even if they are ridiculous.
People are fans of this guy? What a joke he is a POS
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Timothy Sykes is an unofficial fan message board, made by a fan for other fans of Timothy Sykes . I have no connection or contact with Timothy Sykes, His family, or his management. Please do not contact me thinking I am Timothy Sykes because I am not, and I cannot forward anything to him.
No copyright infringement is ever intended through the use of items on this site. Picture copyright is owned by the respective photographers and I claim no copyright ownership of the images on this site. This site is for fan entertainment and information only. If you own the copyright to any of the photos or text within this site and would like to see them removed please contact me and they will be removed immediately upon receipt of the email.
No this is a Unofficial board created to talk about his methods and theory's.
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