Some of us hate the weekends. I know that sounds crazy to most nine to fivers. But for traders the weekend means time away from the market—a period where they feel alive the most. The close to the trading week can be bitter sweet. However, it can be long and dreadful if you catch yourself … Read more
Markets have decided to break up with momentum plays. They want to “see other stocks.” Hey, I still love you… …and you love me right back. You showed me your tells…taught me exactly what to look for when you’re ready to turn things around. ROKU…traders pretend you don’t exist when you slide 44% from the … Read more
What a week! Right when the market was set to make new lows—rumors of a U.S./China trade deal brought optimism back into stocks. With “Phase One” of a trade deal on the way… new all-time highs are almost certain to be the next stop. Retail sales numbers on Tuesday will set the tone for the … Read more
I’ve invested time and money testing different trading strategies…and believe me, you could spend a lifetime and still not run through them all! However, I started to pick up on common themes after studying the traits of the best traders. One strategy that I was drawn to, and still am to this day is trend … Read more
Trade tensions laid the smackdown on stocks on Friday… and that was a reminder the market is still in a fragile state — and just because we’re still close to all-time highs… it doesn’t mean the market can’t experience violent pullbacks. There have been some signs that traders are preparing for the worst: Rotation into … Read more
The stock market is in a tricky place right now… for days it’s been hovering around all-time highs… but it has yet to make its decision. A breakout and new all-time highs… A market top leading to a correction (or even worse) And while you might not feel it… you can cut the tension with … Read more