I’m going to make a bold call – the market tops out here in the next two weeks. Early this week, I started seeing internal market indicators flashing warning signs. Even though the indexes kept closing higher—there were some key laggards. I told my Total Alpha Members that it was time to put my money where my … Read more
If I could give you one indicator to use for the rest of your life, it’s would be the 200-period moving average. I don’t think there’s any other indicator out there that gives you better insight into a stock or overall market. It’s what I call my ‘Gravitational Line.’ Today, I want to explain how … Read more
We are almost to the main event you’ve been waiting for… earnings season. This week we get a deluge of corporate reports starting with our financial institutions. Will the banks confirm the Fed’s rosy outlook or will they be a bunch of Debby Downers? This week’s jump begins with our favorite banks from Citigroup to Goldman Sachs … Read more
Tired? That’s what many traders thought when describing this 11-year bull market run. And with geopolitical tensions rising, it felt on Friday we might see it breakdown. Not only have stocks been able to shake-off the headlines—we’re back to all-time highs. And you know what? I positioned myself to capture gains no matter which way … Read more
Volatility is BACK. All you had to do is look at the Dow futures last night, which were down 400 points—only to see them trading flat this morning. While most of the talking heads spent the first week of 2020 comparing it to 2018, and how this market was destined to go higher—politicians had another … Read more
The best traders appear to turn profits in any type of market condition. What is the essential element all of them have? Are they better at timing the market than the rest of us? Or is it something deeper that we just can’t put our finger on? Despite being Mensa certified, nothing came easy to me when … Read more
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
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 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