It doesn’t matter if you traded currencies, precious metals, bonds, or stocks— it was a wild week of action in the financial markets…many are blaming the trade war as the catalyst… but I’ve been around the block long enough to know it’s never one thing. And despite the Dow Jones experiencing its fourth-largest loss ever … Read more
Stock futures are pointing to a higher open this morning, but despite the bullish price action– there has been significant structural damage done to the market that we need to talk about. So much so… that I wouldn’t be surprised if the market reverses and even goes negative today. And according to the world’s largest … Read more
The market’s fear index, the VIX, exploded on Monday, rising nearly 17% and closing at 21.07. Now, the more investors experience panic and fear– the higher the VIX goes. And according to this sentiment indicator, yesterday was the sixth scariest close of the year. But do you know what else was alarming? Global bond yields … Read more
When it was all said and done this week, here are what the final numbers looked like: Dow (-0.7%), S&P 500 (-0.5%), Nasdaq (-0.6%). And while all major indices posted a modest decline, those numbers don’t tell us how wacky and wild it was for traders. We can thank the ongoing trade war between the … Read more
Welcome to the wild and wacky world of trading…where the fate of the financial markets is often determined by itchy twitter fingers. Remarkably, the Dow has dropped approximately 1,500 points since President Trump’s tweet on Thursday. And while the futures are trading higher this morning… we can not ignore the damage that was done yesterday— … Read more
The stock market is brushing up against all-time highs, and the biggest week of earnings season is here, but I want to shift the focus to something that traders aren’t talking about yet. What am I referring to? The upcoming Federal Open Market Committee (FOMC) meeting on July 30 and 31, which I believe, will … Read more
There’s something you should know about Dave and the strategy he’s is ready to share with you… And I can’t believe I’m even saying this… It is a system that changes everything you thought you knew about trading. You see, we already know the concerns you have that may be holding you back from managing … Read more
Stocks settled slightly lower on the week, as traders continue to digest Q2 earnings numbers. And despite releases from Netflix ( which dropped -15.58%), Microsoft, JPMorgan, and Goldman Sachs… … overall, stocks traded in a tight range, with the S&P 500 closing down 1.23%, the Dow 0.65%, and the Nasdaq falling by 1.18%. However, I’m … Read more
President Trump gave the markets something to think about it when he told reporters yesterday that the U.S. has a long way to go to secure a trade deal with China, and even hinted at imposing further tariffs on them. And while that is bound to get some attention from traders for the next few … Read more
I love trading options… There is no other instrument I’ve found that can give you the type of fast and steady returns they do. For example, here are two trades I had from last week that would be life-changing for most folks: And… Sure, speculating with options can be awesome. But you could also use … Read more