If you’re like me, and stock trading is a passion of yours, then you’ll never stop trying to learn, develop, and try to improve your skills as a trader. Heck, last year I took so many bad beats trading options I (more or less) swore them off. However, it wasn’t the options market that sucked… … Read more
Stocks moved sideways in an uneventful week of trading… that is unless you were trading IPOs… which were red-hot thanks to debuts from Chewy, Fiverr, and Crowdstrike. I’ll be looking forward to trading these stocks when options get issued on them in the coming weeks. That said, I’m really focusing in on the upcoming FOMC … Read more
Stocks are hoping to bounce back today after a two-day selloff. As the market remains fixated on trade talks, the strength of the global economy, and the Federal Reserve Bank. And up until yesterday, it’s been a frustrating market to trade. Now, success can be a double-edged sword. It can sometimes make you cocky and … Read more
The two main questions that are concerns traders now are: Will the U.S. reach a trade deal with China (and will it happen at the G-20 summit)? Is the Fed really going to cut interest rates like the market is predicting it will? Now, we could get answers to these questions by the end of … Read more
Stocks closed lower again today, after another large bank came out and said they don’t believe there will be a fed rate cut this year. “We don’t expect a rate cut soon” according to UBS global chief investment officer, Mark Haefele. It comes a day after Goldman Sachs more or less uttered the same words. … Read more
Stocks have given up their early morning gains, as it appears that the market is running out of steam. However, that should be expected, given the rally the market saw the last week. That said, I believe that the upcoming G-20 meeting (trade talks), and the FOMC announcement (interest rate decision), are going to keep … Read more
Stocks are set to open lower this morning, as it appears that the market has priced in the upcoming interest rate cuts which are expected to be made by the Fed over the next few months. That said, traders will be shifting their attention to the G-20 summit, which is set for June 28-29. Some … Read more
Stock futures are pointing to a higher open this morning. And just like that, the market appears to be making another run to all-time highs. What a wild, choppy, news-driven market its been over the last month…making it a tough market to trade. As for me, I was finally able to string some good trades … Read more
Stocks are hoping to finish in the green for a 7th straight session, as the S&P 500 is approaching its highest levels since May. And as bleak as things looked just 2-3 weeks ago, it appears that this market is going to make another run at all-time highs… But to be fair, it doesn’t really … Read more
Stocks are getting another boost today, as positive trade news dominate headlines. That said, the U.S. suspended plans to tariff Mexico over the weekend, which also gives hopes that a U.S.-China trade deal can be resolved soon. As for me, I don’t even bother that much with news except skim the headlines. Why? I don’t … Read more