In this video I discuss my short positions and why I am shorting them as well as some potential shorts.
Length:00:07:56
Disclaimer: This is not meant to be a recommendation to buy or to sell securities nor an offer to buy or sell securities. Before selling or buying any stock or other investment you should consult ...
Disclaimer: This is not meant to be a recommendation to buy or to sell securities nor an offer to buy or sell securities. Before selling or buying any stock or other investment you should consult with a qualified broker or other financial professional. The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. The author wrote this article themselves, and it expresses their own opinions. The author has no business relationship with any company whose stock is mentioned in this article nor is receiving compensation from any of the companies mentioned.
Tim Knight has been charting and trading since 1987. His first stock trade was, in fact, on October 19, ...
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Tim Knight has been charting and trading since 1987. His first stock trade was, in fact, on October 19, 1987 – the day of the crash – which perhaps goes a long way explaining his disposition toward bearishness. He has been involved in personal computers since late 1979 and, starting at age 16, began writing a couple dozen books about using and programming computers. His most recent writing has been focused on charting and the history of financial markets, and his newest book, Panic, Prosperity, and Progress, was published in February 2014. He has been running Slope since March 29 2005 and has, during that time, written more than 15,000 posts on the blog.
In 1992 Knight founded Prophet, a web-based technical analysis company that was acquired by Investools (and, later, Ameritrade) in January 2005. Tim served as Senior Vice President of Technology for Investools from 2005 through 2010.
Knight directed his passion for the markets to fuel the innovation for which Prophet was known. In fact, Barron’s and Forbes consistently named Prophet the #1 Web Site for Technical Analysis. In his professional role as a hedge fund manager today, Tim relies on technical analysis as the primary basis for his investment decisions He also hosts a daily show on the TastyTrade network, The Last Call.
Before starting Prophet, Tim was Vice President of Technology Products at Montgomery Securities in San Francisco, where he led the development of an institutional online-trading platform. Additionally, he has held various positions in marketing management at Technical Tools and Apple Computer. He lives in Palo Alto with his wife, children, eight hens, a pond full of fish, and a trio of dogs which occupy whatever free time may be available.