A strong November jobs report surprised the market on Friday and sent stocks surging higher. The surprise report showed payrolls adding 266,000 jobs in November, dropping the unemployment rate to its historic low of 3.5%. The Dow gained 300 points on the number, and Apple hit an all-time high ($270.71). The stage is now set … Read more
Make no mistake about it, there has been a lot of talk about tariffs this year—learning more about them will only make you a better trader. After all, it never hurts to understand the headlines driving the market. Why? Because trading off the wrong headline can cost you money. For example, stocks came off all-time … Read more
It doesn’t matter… you can be the world’s greatest stock-picker But if you don’t know how to manage a trade then it won’t do you any good… Proper trade management goes beyond the basic mantra: let winners run and cut your losers short. Through experience and mentorship, you’ll learn that you have specific tools at your disposal. … Read more
Congratulations, you’ve almost made it through the trading week…and what a roller coaster ride it’s been! Let’s get you squared away with where things stand after some wild market action with the midweek market update. The SPY managed to fill the gap today left open from Monday’s massive decline. That comes after a sharp reversal Tuesday that … Read more
I remember when I discovered the power of swing points… each holding more information than a library. At first, I wanted to know how to pick off the top or bottom of a reversal. Turns out I was asking the wrong question. The right question is: what can swing points tell me? The answer – … Read more
If it sounds too good to be true…well, you know the rest. But in this case. It’s even better than it sounds. “From $4,700 to $80,000…in just 2 months” – V. Fernando How, you ask? — RECOMMENDED — Generate Consistent Income Trading Options What would you buy if you can easily earn an extra $200 … Read more
As traders, we often get caught up in the internals—chart patterns, price action, volume, and volatility, etc. However, news catalysts often are what drives stocks to make the moves they make. One way you can become a faster trader is becoming more knowledgeable about the companies you trade. That is, understanding its business, how it … Read more
I wasn’t surprised to see volatility return after the signals the market was throwing last Friday – the VIX spiked over 7%, the markets had a mini-selloff, and a few stocks ran into liquidity issues on Wednesday. Traders must have realized their mistakes, as they pushed the VIX up nearly 20% at one point yesterday. … Read more
Imagine this… The moment most people dread. The alarm clock rings. It’s Monday morning. Time to shake off the weekend, get out of bed, grab some coffee and a shower… Time to rush off to that J.O.B. … again. No wonder we all hate Mondays. BUT THAT ALL CHANGES NOW!!! Now Imagine This… It’s Monday … Read more
I love it when other traders leave early on Friday. The less competition, the better…that leaves more for me! They don’t know what they’re missing. My highest profit trades often come when no one is looking—and last Friday was no exception. Despite the anemic trading volume and the slow grind we were experiencing—my money pattern pointed … Read more