When stocks are trading at their highs, traders become complacent and market volatility sinks like a rock. In fact, there are specific strategies that you can execute for extraordinary returns in a low vol market. There is nothing worse than trading a great option strategy at the wrong time— it’s not only frustrating but you … Read more
The market is stalling at all-time highs… and traders are still trying to piece together the puzzle… However, I’m not one of those traders. Why? I’m focused on trading biotech stocks — they offer explosive opportunities and move at their own rhythm— regardless if the market is grinding higher or set to crash. You see, biotech … Read more
Could Crude Oil and Natural Gas Break Out? First, let’s start with the obvious. Energy prices were way oversold. Both Crude Oil and Natural Gas sat near record lows. Although Crude didn’t go nearly as low as it did in the winter of 2018, price remained extremely depressed. Crude Oil daily chart Crude found a … Read more
Your trading falls apart for one undeniable reason. You want it all… and you want it right away. Believe me, I was no exception — I wanted to own every market…conquer everything from trading penny stocks to futures options. It led me down a path of self-destruction… within a matter of months, I blew up … Read more
The market is at all-time highs… and the “million-dollar” question is whether you pile in short to play for a pullback… or position yourself for the Santa Claus rally? This price action has many traders confused and scrambling to find trade ideas. I don’t know about you… but I like to simplify my trading and … Read more
Continuing with my series of powerful candlestick patterns, today we are going to be looking at the Engulfing Candlestick formation. With my proficiency in technical analysis, I am choosing to share key points that find to be the most useful in real life trading… I am an avid believer in technical analysis. So I am not going … Read more
In some ways, I feel bad. Not everyone reads this newsletter or heeds its words. They laughed at my pronouncement the market would shoot higher off the Fed. And I let them… …it made their soul-crushing defeat taste all that more delicious. Yes, many traders stood aghast as the market closed Friday at all-time highs. … Read more
If you want to be an effective trader who consistently rakes in profits… the best way to go about that is by keeping your strategy simple. I know, I know… it’s a little backward when you see the so-called quants and algorithms trading hundreds of times a day. The thing is, when we’ve got so … Read more
Sometimes the best trade is no trade. Great traders set themselves apart with monk like discipline— the mastery of self. Unlike a 9 to 5 job, there is no limit on how much you can earn in the stock market. However, just because the casino is open—doesn’t mean you should be. In fact, the best … Read more
The last few minutes of Thursday’s trading session primed the pump for the Friday drag race… as it appears no one wanted to be short stocks going into the weekend. SPY 5-minute chart Traders dove into long positions with reckless abandon as panic buying ensued. A combination of FOMO— sprinkled in with some margin calls— … Read more