Anthony Welch is a founder and portfolio manager at Sarasota Capital Strategies, an investment advisory firm specializing in unique portfolio management featuring primarily Exchange Traded Funds. He has been involved in the financial industry for more than 21 years. Mr. Welch is invited to speak to financial advisor audiences around the country and has been often quoted in most major financial publications. He holds the designations of Certified Financial Planner and Chartered Financial Consultant as well as a degree in Finance from The University of South Florida. Mr. Welch is a member of the National Association of Active Investment Managers.
2012: Financially, I'm defined by decades of study and minutes of success. A walking encyclopedia of knowledge poorly put to use. But hey, life goes on. Live and learn, some more.
Update 5/25/13: Minutes of success becoming mostly days of success. Cest la 'vie. Who knows what's next??
Strictly day-trading AAPL and SPY for a few months now. In cash virtually every night and on weekends. Most success using a 1-hour (2 & 5 minute bars), 2-day (30 minute bars), 10 day and 50 day simple moving averages. Long when price is above average and short when below average. Use only 1 SMA at a time except that the next larger is used as a filter. Nothing else. Price is everything. Not exactly a Seeking Alpha type of person anymore, though it is excellent for being informed. Actually, have recently removed ALL moving averages and traded pure price even more successfully.
Also, for other accounts I manage, still a HUGE fan of Chuck Carnivale!! Thank you, Chuck. I look to you to find value and trade long-term according to the above SMA method on the 50 SMA. Teaching my kids about you and Nicolas Darvas. Huge fan of his as well.
Protect with close stops. Patience. Move stops slowly. Be willing to go short as well as long. Nothing more need be done.
I am a retired elementary school teacher teaching all subjects in grades 3-6. I am a graduate of Grand Valley State University. I completed my M.A. at Michigan State University. I started Investing in 1960 with the help of my father who was an accountant. Currently, I manage my mom's account, four of my accounts, my two children's accounts, and I advise some friends.
Retired Public Service Professional / manage my personal 401 & family portfolio.
Stocks that I either own or that are of interest to me are: AAPL, ANDE, COP, CSX, EPD, FB, HCN, JNJ, MMM, PG, SLB, SWKS, TRN, VZ, WFC, & WFSTX
Now Retired. Owned a brokerage business for about 10 years, Series 7 and all that stuff.
Prior to that owned a couple of small engineering companys in
Europe. Graduated with Industrial engineering degree way back in 1960.