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
The stock market closed scorching hot on Friday…and finished with its best weekly gains of 2019. The S&P 500 surged by 4.4% and the Dow gained over 1300 points on the week. Thanks to a dovish Fed and some weak economic numbers. Now, I like to brag about how momentum stocks often trade on their … Read more
Who could have expected it? On Monday stocks were on the verge of collapse when it appeared that we would have a full out trade war… … and the government was rumored to be probing some of tech’s most prominent companies for possible antitrust violations…a move that nearly sunk the Nasdaq. However, hope was in … Read more
What a wild week of trading it’s been and it’s only Wednesday… Stocks were on the brink of collapse on Monday…. But yesterday… the plunge protection team jumped in and said that they are ready to facilitate this market and cut interest rates if need be… Now, I’m not a big macro guy. I stick … Read more
On Wednesday, the Death Line in the S&P 500 was breached, and since then stocks have been tumbling fast and hard. For example, the Dow Jones Industrials is going through its worst losing streak in 8 years (six straight weeks of closing in the red). As for me, I started the week up $7K but found a … Read more
The market is getting rocked in the pre-market this morning… and it’s all related trade. The peso is crashing after President Trump announced that he might impose tariffs on Mexico. And to make matters worse… China has come out and said it plans a “major” retaliation… and potentially blacklist thousands of U.S. firms… Do you … Read more
During choppy markets like the one we’re experiencing now, trading can be tough. After all, stocks are experiencing a ton of back and forth action after each news headline pertaining to trade talks hits the wire. For some traders, the goal is to be at break-even and not lose too much during this tough stretch. … Read more
On Thursday, May 23rd at 8PM ET, The Freedom Trader will be broadcasted live. This is the ultimate system to make money on-the-go, and to do so with the utmost certainty each time you place a trade. How, you ask? With ONE simple line that allows you to see everything clearly. There’s no reason to … Read more
The S&P 500 and Nasdaq are now trading above their 50-day moving average…and are now gunning for a 4-day winning streak. However, the market is What’s been working and yielding results? For me, it’s been using the combination of patterns, catalysts, and value. For example, I trade only a handful of setups… Why? Because that’s all you … Read more
Like an old school Rocky movie, stocks get knocked down and then climb back up. That’s what happens when we’re in a news-driven market. For example, tweets like this one helped push the Dow down by 700 points yesterday. However, President Trump said that a deal with China could “absolutely happen” and that its current … Read more