Michael Silva

Documenting the ups & downs of this lifelong wealth building journey. Follow along as I navigate the Stock Market through the lens of Technical Analysis.

Stock Market Brief 7/1

Lots of green on the screen today, but the larger market cap names made it difficult for this market to get some continued traction. This had to happen eventually as names like NVDA, MSFT, META had been going straight up. (pictures below), Today we...

rule of 72

Time to Returns: Your Guide to Using the Rule of 72

Do you want to watch your money grow quickly? If so, you should know about the Rule of 72.  It can help you double your money in 9 years. The Rule of 72 is a simple way to calculate the time it will take to double an investment with a fixed...

how to build wealth in your 20s

How To Build Wealth in Your 20S

Almost 85% of young adults believe buying a home is much harder for them than it was for their parents. Paying for college also fell into this category. This isn’t surprising as 17.3 million Americans under 30 have student loan debt. It may...

personal finance rules

5 Personal Finance Rules School Doesn’t Teach You

60% of people surveyed said they had no idea how much money they spent during the previous month. Many people would say they not only don’t have a monthly budget, but they also don’t really know how to create one either.  If...

Watching FAANG Stocks… and Tesla

In today’s daily stock market brief I turn my attention to the “FAANG MAN STOCKS” plus tesla. I will also discuss the current rise in the dollar and yields. That may have an impact on the equities market if the rise continues...

(VIDEO) Keep Your Eyes Wide Open

In today’s daily stock market brief I will be going over some concerns I have around the weekly hanging man candles, and yields spiking higher. I go over the correlation between the 10 year yield and look at some long term charts to walk you...

Breakout Or Bull Trap?

Is the Stock market breakout signifying that this is just the beginning stages of a massive bull rally? Or is the stock market performing a massive bull trap that inevitably leads to a crash. In today’s daily stock market brief we look at both...