|LEGG MASON INC
|LM @ Yahoo Finance
LM Option @ Yahoo Finance
- Legg Mason, Inc., through its subsidiaries, provides asset management, securities brokerage, investment banking, and related financial services to individuals, institutions, corporations, and municipalities primarily in the United States of America, the United Kingdom, and Canada. The company operates in Asset Management, Private Client, and Capital Markets segments. Its Asset Management segment provides investment advisory services to institutional and individual clients and company-sponsored investment funds. Asset Management segment consists of three divisions: Mutual Funds, Institutional, and Wealth Management. Mutual Funds encompasses investment advisory services to proprietary mutual and closed-end funds and the proprietary funds operations of the company’s other asset managers. Its Institutional division focuses on providing asset management services for institutional clients. The Wealth Management division focuses on providing asset management services for high net worth individuals and family groups and endowments. The company’s Private Client segment distributes various financial products, including equity and fixed income securities, proprietary and non-affiliated mutual funds, and annuities. Capital Markets segment consists of equity and fixed income institutional sales and trading; investment banking; syndicate; structured products; and research. The company provides its services through retail sales network, brokers, and dealers. Legg Mason, Inc. was incorporated in 1981 and is headquartered in Baltimore, Maryland.
With all the different forms of T/A available to the investment community today wouldn't it be great to know which one works the best? Welcome to site that gives you the answer.
Using a proprietary combination of technical analysis techniques, including Aroon, WM% and PPO, combined with an in depth knowledge of Elliott Wave Theory, this site provides you with charts which will make your investment life simple.
The 1-2-3 Bullish or Bearish Trend Reversal signals the "primary trend". Wave structure helps identify possible entries within the trend structure. While pattern identification keeps us in the stocks that go up the most and out of the Stocks (or short) that get hit the hardest. Its that very pattern identification that makes our pattern table page one of the most popular pages on the website. Alerting traders to a variety of setups which are also known as patterns (cup and handle, head and shoulders, ascending or descending triangles, symmetrical or inverted symmetrical triangles, leading or ending diagonals, etc…) each of these setups create target prices or pattern price projections.
Using these 3 indicators to tell you whether a trend is bullish or bearish.
AROON-Developed by Tushar Chande in 1995, Aroon is an indicator system that can be used to determine whether a stock is trending or not and how strong the trend is. "Aroon" means "Dawn's Early Light" in Sanskrit and Chande chose that name for this indicator since it is designed to reveal the beginning of a new trend.
Aroon crossover meaning the blue/down Aroon needs to cross the green/up Aroon (the green needs to go up, while the blue needs to head south or move down crossing like a x). WM%-A momentum indicator especially popular for measuring overbought and oversold levels.
The WM% needs to rise above the -50 line.
PPO-The Percentage Price Oscillator is found by subtracting the longer moving average from the shorter moving average. And then dividing the result by the longer moving average. The Price Oscillator is an indicator based on the difference between two moving averages, and is expressed as either a percentage or in absolute terms.
The PPO needs to cross above the zero line. When all these are met, we have a change in trend how long it lasts ultimately depends on the fundamentals.
Using all Three as trend direction signals can confirm what we often see as possible patterns and wave counts. But it is the "primary trend" that keeps us out of trouble and in the right stocks.
There are two modes of Elliott wave development: motive (1-2-3 Bullish Trend) and corrective (1-2-3 Bearish Trend). Motive waves have a five wave structure, while corrective waves have a three wave structure or a variation thereof. Their structures are called "motive" (Bullish Trend) because they powerfully impel the market. Corrective mode is employed by all countertrend interruptions, which include waves 2 and 4 in the figure. Their structures are called "corrective" (Bearish Trend) because they can accomplish only a partial retracement, or "correction," of the progress achieved by any preceding motive wave. Thus, the two modes are fundamentally different, both in their roles and in their construction, as will be detailed throughout this website. Learn More