JetBlue Business Credit Card from American Express

Exclusive benefit for JetBlue Business Cardmembers: 5% savings on JetBlue® flights purchased directly from JetBlue, using your Card*
50 TrueBlue® points, worth 1/2 of a free flight, after your first purchase*
Double Award Dollars on JetBlue purchases, gas, wireless phone charges, and more*
Automatic discounts at leading merchants through the OPEN Savings® program*
Your TrueBlue® points do not expire when you use your Card*
Protection when you travel: Car Rental Loss and Damage Insurance, Baggage Insurance, and more*

Jet Blue Business Card Rewards
A Business Card that earns free flights on JetBlue. After your first purchase, receive:

• Exclusive benefit for JetBlue Business Cardmembers: 5% savings on JetBlue® flights purchased directly from JetBlue, using your Card*
  
• 50 TrueBlue® points, worth 1/2 of a free flight, after your first purchase*
  
• Double Award Dollars on JetBlue purchases, gas, wireless phone charges, and more*
  
• Automatic discounts at leading merchants through the OPEN Savings® program*
  
• Your TrueBlue® points do not expire when you use your Card*
  
• Protection when you travel: Car Rental Loss and Damage Insurance, Baggage Insurance, and more*
  

Jet Blue Business Card

• OPENSM the small business team from American Express is available 24/7/365 for billing inquiries, emergency Card replacement, and more
  
• Comprehensive insurance protection for you and Additional Cardmembers when you travel, including Car Rental Loss and Damage Insurance and Baggage Insurance
  
• Coverage for eligible Card purchases, including the Purchase Protection Plan, the Buyer's Assurance Plan, and the Fraud Protection Guarantee
  
  

DID YOU KNOW?

	Homeowners that neglect doing their homework and shopping around for a mortgage end up paying more for refinancing or taking out a 2nd mortgage than is necessary. If you don’t understand exactly what to look for as far as terms, interest rates, and fees, how will you know what a good deal looks like? Lenders are out to give you a mortgage with the highest fees and interest rates possible. Before you start applying for loans consider the following mortgage basics. Mortgage Interest Rates The mortgage interest rate you choose when refinancing your mortgage loan is an extremely important factor. Mortgage rates can vary as much as 3-4% or more from one lender to the next. If you have a poor credit rating you can expect a higher interest rate than a homeowner with good credit; however, with a little legwork you may be able to match that interest rate or come close to it. Which Term Length For Your Mortgage? The “Term” of the mortgage is the length of time you have to repay the loan. Term lengths vary from 1 year to as much as 40 years. By selecting a term with a shorter length such as 15 years your monthly payment will be higher but you will build equity in your home faster. Term lengths of 30 or 40 years offer lower monthly payments; however, you will pay more to interest and less to equity in the early years of the mortgage. Long term loans come with higher interest rates; short term mortgage loans come with lower interest rates. Expect Closing Costs Whenever you refinance your mortgage, or take out a 2nd mortgage, expect to pay fees at closing. These fees will vary from one lender to the next, so consider closing cost as part of your comparison shopping. These costs include administrative fees, title search, surveys, appraisals, inspections, and points. The Annual Percentage Rate your lender is required by law to disclose factors many of these costs together; this can be a useful factor when comparison shopping.

Those of you who have been trading for a while will be familiar with Pivot Points. During this lesson I want to go over how to find a Pivot Point and also a slightly different method of using them. First let's look at how you calculate a Pivot Point.

Using a bar chart you will observe that each bar has an Open, High, Low and Close. This information represents all price activity during that particular period. In the case of the following example we shall use a daily bar for XYZ. To calculate the pivot point all you need to do is add the High, Low and Close. Once this has been done you next divide the total by three to get the Pivot Point.

OK, so far so good, but what do you do with this information. Well, one technique I like to use intraday is to use the pivot point as a trend indicator. If we already know that the Pivot Point for XYZ was 64.10, we will use this the next day as an intraday trend indicator. If the price is above 64.10, then we would only be long and if it were below 64.10, we would only be short.

As price can fluctuate around any given point we also add a further proviso. If we have support close to 64.10 we will first wait for the price to pass through 64.10 and support before entering short. If we have resistance close to 64.10 we will first wait for the price to move through the Pivot Point and resistance before entering long. This method becomes even more powerful when the Pivot Point is close to the opening price. If for example the opening price is 74.10, the Pivot Point is 64.10 and we eventually go short at 63.55 we can stay short the whole day as long as it does not go above the Pivot Point. Once in a position we normally have a very tight stop to begin with and then will follow the market with a trailing stop to lock in profits.

Another way we like to add Pivot Points to our analysis is for more long-term projections. We will use the Pivot Point of a Yearly, Monthly and Weekly chart. In this case it would be the High, Low and Close of the previous Year, Month and Week. We like to think of the weekly Pivot Point as the short-term trend, the monthly as the medium term trend and the Yearly as the long-term trend. If we are below the yearly, monthly and weekly Pivot Point we know we are in a strong down trend and we can scale into multiple positions over time. The same holds true for long positions.

The point is there are many ways to determine trend. Experiment with Pivot Points and see if it suits your trading style. At the very least it is always handy to know where they are and it may help you decide which side of the market you should be trading from.