The market is closed tomorrow in observance of Memorial Day. I hope you’re enjoying the weekend and are doing something you enjoy. For some, the day off from trading is welcomed… after all, not everyone is making money in this choppy, news-driven market… (This tweet is partially responsible for the recent volatility we’ve experienced over … Read more
Don’t look now… but almost 1 out of 3 S&P 500 stocks are in bear market territory. These stocks are 20% or more off their 52-week highs. (Note: If you haven’t watched my video series on cashing in on crashing stocks then watch this). As the U.S.-China trade war heats up… I’m chomping at the bit to trade … Read more
When it comes to the money game… there is no one bigger than the Federal Reserve Bank. After all, it manages the nation’s money supply. The Reserve Banks serve the U.S. Treasury… and are often referred to as a “bankers’ bank” Now, the Federal Open Market Committee meets only eight times a year to discuss the … Read more
When it comes to trying to make money in the stock market, I don’t mess around. For example, It’s not uncommon to casually throw on options positions that have several hundred contracts. However, I’m not gambling here… I’m waiting for my money pattern to show up before getting on the offensive… And the results have … Read more
I find most of my success trading options by swing trading them. I typically rely on my money pattern for clues on which stocks to place bearish or bullish bets on with options. Nathan Bear, my partner in WMM, has a slightly different approach to trading options… but boy is he good at trading them too… Heck, … Read more
Stocks closed the week in the red, as all major stock indices closed lower. Small cap stocks were hurt the worst, as the Russell 2000 index fell by 2.4% U.S. and China trade talk headlines is what is moving stocks. That said, if you’re looking for an indication on how stock futures will open tomorrow, … Read more
Stocks lost over $1 trillion worth of wealth yesterday. Ouch… Now, if you read my article over the weekend, I laid out this piece of advice for you: “You see, stocks are reacting to headlines which means you have to be nimble and take your profits fast because sentiment and trend can change quickly.” On Friday … Read more
Stocks closed in the green on Friday in what was a wild week of volatility in the market. Of course, the big story during the week was tariffs. And on Friday, the U.S. slapped tariffs on $200B worth of Chinese goods. However, the market caught a late rally after President Trump said that his relationship … Read more
Stocks are taking a lick for the second straight session. We can blame tariffs as the catalyst, as they are set to increase to 25% on $200B of Chinese goods starting Friday, according to U.S. Trade Rep Lighthizer. However, discussions are still ongoing, and there is always a chance something changes before Friday. Stock futures … Read more
Stocks closed the week in sizzling fashion, with the Nasdaq hitting record highs and the S&P 500 nearly getting there too. The catalyst on Friday was better than expected jobs number. It’s been reported that unemployment has now reached 49-year lows and that wages are finally rising. The market also got a boost earlier this … Read more