Monday, February 25, 2013

Death Cross for Gold

For technical traders, a death cross is definitely a sell sign. A death cross occurs when a shorter term moving average (such as the 50 day) crosses a longer term moving average (such as the 200 day) to the downside. Gold recently experienced such an event. However, fundamental traders are often at odds with this belief. (See article here, Yahoo Finance.)

Tuesday, February 5, 2013

If you don't want to be an engineer....

Recent surveys suggest that engineers (chemical, mechanical, etc.) are the highest earning undergraduate majors -- most in the $60-65K range. Finance is the next highest, at $57,600. So, it seems you have made a good investment by selecting finance as your major. (See article here, Fox Business / Business News Daily.)