Thirsty Finance Official Blog

Serious Weakness in the Great Bull Market

February 3, 2014, 1:25 pm

The incredible bull market rally since March 2009 shows significant signs of fatigue. Stock market participants should adopt an appropriately cautious, cash-heavy approach.

The trend is your friend...

The stock market since March 2009 has been in a terrific bull run. In the above monthly chart of the S&P 500, it can be seen that long ago, last spring, the market already surpassed its all-time highs in the fall of 2007 following the easy-money boom of the sub-prime mortgage era. The V-shaped rally since the March 2009 lows has led the market to an...

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Loud advocacy for the promise of Bitcoin

January 29, 2014, 6:36 pm

Bitcoin, the digital cryptographic currency, may be poised to shake up the world of finance. An artist's rendering of this intangible currency, above.

Might Bitcoin be for real?

Writing in the New York Times Dealbook blog, Silicon Valley venture capitalist and entrepreneur Marc Andreessen discusses why he believes bitcoin may become a permanent and transformative part of the modern financial landscape.

Andreessen, who is also known...

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China unveils homegrown China Operating System

January 24, 2014, 8:31 pm

In an effort to promote Chinese innovation and limit the influence of foreign software, the Chinese government unveiled the China Operating System on Jan 15.

Introducing the China Operating System

Unveiled on January 15, the China Operating System (COS) is billed as the first natively created operating system in China, one that supposedly does not make use of existing open source software. Based on...

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Long Stock Trade Closed: TEL

January 22, 2014, 7:20 pm

Initiated just a couple days ago, a long trade in the stock TEL today hit its target.

Closure to a trade

The activity of trading is about accepting a certain defined amount of risk in return for a potential amount of reward. In the long trade initiated in TEL, all signals aligned and the reward-to-risk ratio was favorable, thus the risk was accepted in return for the...

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Long Stock Trade: TEL

January 21, 2014, 12:07 am

This stock, TEL, appears to signal a breakout to new highs on its weekly chart, above.

Why this trade looks good

Here is a stock trade setup that has lots of great technical and fundamental traits going for it.

First and foremost, the symbol TEL has been in an undeniably strong uptrend for the past year. The best trade setups are those that allow a trader to jump on board an established trend.

Moreover, as can be seen from the weekly chart, above,...

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