Every day, momentum stocks are popping off. I want to teach you how to identify these plays using what I believe to be 3 simple chart patterns. Once you find out what these setups are, I think you’ll be surprised at how often you see them pop up. I’ve taught these patterns for about a decade, and I believe they’re tried and true.
What a week. After a rough start to 2020, I can finally say that BOND GOT HIS GROOVE BACK. Across all of my services, I’ve made about $70,000 in realized profits this week—with a chance to make more today. Here are just SOME of my recent trades, including the HUGE week I had in Weekly Windfalls! I … Read more
For those of you who don’t know, I’m a former elementary school teacher. I got into stock and options trading out of necessity. My wife and I were drowning in student loan debt to the tune of $200,000. During that desperate time, you could find me collecting soda cans after the high school football games … Read more
Next week will be a short one for U.S. markets, with Wall Street shuttered Monday for MLK Day. Hopefully many of you get the day off and have a chance to relax. As far as this week, well… traders continue to pump up this overinflated basketball of a market, despite some cracks at the seams. It appears … Read more
Bank earnings will be a big theme this week, with JPMorgan Chase (JPM), Citigroup (C), and Wells Fargo (WFC) among the names reporting today. A handful of other financial names are slated to report later this week, too. As such, I thought I’d outline one technical indicator that can act as an alarm for trend … Read more
After a strong fourth quarter and Santa Claus rally, stocks kicked off 2020 with a bit of whiplash. Bulls were shaken up a bit to start the year, after President Donald Trump ordered the assassination of a top Iranian general. Iran then threatened “harsh revenge.” The news fueled concerns about oil supplies from the Middle … Read more
Markets got its first taste of volatility yesterday, as geopolitical tensions rise following a U.S. airstrike in Baghdad killed five members of Iran-back militia, including General Soleimani. Putting politics to the side, the spike in volatility was welcomed by most option sellers like myself—which should open a lot of opportunities in the coming weeks. But … Read more
If you’ve been trading long enough, you’ve probably heard someone throw around some stats… 95% of all traders fail. Traders who take losses just feel like just giving up… they’re exhausted from seeing trades fail repeatedly — fed up with the disappointment… ultimately, they just take themselves out of the game and become a statistic. The … Read more
As we’re closing in towards the end of 2019, I sit back and reflect. Who would have thought a year ago that I would be eating vegan, and using options to help put together my best year ever as a trader? My Weekly Windfalls strategy is completely different than anything you’ll see from a stock trading strategy. … Read more
For years I traded stocks. Options weren’t even on my radar. And whenever I did try to trade them— I would get absolutely hammered. Here I was, a successful and profitable equities trader — unable to translate it to options. Even worse, I had one of the best mentors teaching me the ropes, Jeff Bishop. … Read more