Ultimate Smart Money Has Moved

Ultimate Smart Money has a new domain name. 

www.ultimatesmartmoney.com 

 

I hope to see you there soon!  

Don't forget to bookmark.

Ultimate Smart Money By APPLE For Releasing iPhone 4S

Last week Apple launched iPhone 4S, which was a big disappointment by many people and I was one of those people.  I was confident  that Apple would release iPhone 5, but instead I heard about iPhone 4S.  I was very disappointed because I was going to get one.   Instead, I will have to wait until iPhone 5 eventually gets released probably sometime next year.  I am currently a Blackberry Torch owner so it would have been a nice upgrade if I had switched to iPhone 5.  So, why did Apple take this risk and not release iPhone 5 knowing full well that there will be many disappointments? 

BIDU Has Reached Resistance, Now What?

Today the stock market rallied more than 3% mainly because European promises to help the banks.  One stock that contributed to today's rally was BIDU as it rose almost 4.5% closing at $124.54.  In fact, in its last 5 trading days, BIDU surged about 20%!  Will BIDU be able to continue this strong rally this week?

Learn About Iraqi Dinar Currency Investment

DinarBanker reported recently that there is a big sales increase of the Iraqi Dinar. On October 20, 2009 “Mad Money with Jim Cramer” came on MSNBC and strongly recommended investing in Iraqi Dinar. He said that other currency such as Kuwaiti Dinar had a significant growth years after the Gulf War ended. If Iraqi Dinar follows past history of Kuwaiti Dinar, then there is a great chance that Iraqi Dinar could be a smart play in this market.

Identifying Opportunities in the Stock Market

I have been following S&P 500 very closely past several months keeping track of support and resistance levels.  I have also been trading, mostly Option trading, using the support and resistance levels.  It’s been a roller coaster for past two months, which is great for Option trading.  I will discuss in more details later in this post but first I would like to share S&P 500 three month chart below.