Corporate Profits: A Lesson from an Old Trader

Chart of the Week 10 July 2015

Written by John O’Donnell, Online Trading Academy

This week I am recalling what a veteran trader told me when I was a young trader at the Chicage Board of Trade.  The essence of the advice was to remember thet “price has memory”. We will explore in this week’s discussion how that idea relates to the economy and to corporate profits.

Corporate profits are discussed in video after the Read more >> jump.

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Source: YouTube