It is a difficult market to trade right now; Coronavirus cases spiking, stimulus package suspense, a tsunami of corporate earnings, and of course the Presidential Election coming very soon. So we just stand back and wait? Not neccesarily. I have some great trade...
It’s excruciating! Too see a perfect Bearish setup, but to be reluctant becuase of the “synthetic” forces that have impacted the market this summer. What to do? I offer my thoughts in this week’s video...
As the Wall Street Journal says, “Volatility Teaches New Investors That Stocks Go Down, Too.” In other words, some folks are getting “schooled.” But who knows, the new wave of Bullish traders may push the market up even higher. Or, as the...
Mail in ballots? In person voting? A contested result either way? The markets are getting nervous about the upcoming election. The VIX may be the highest probability play. Check out this week’s video for my analysis and...
The good news is that there is more to life than trading. The market is grinding sideways – the worst condition for a Swing Trader like me – but hey, it is summertime and it is beautiful outside. So I’ll do something fun until conditions improve. In...
Anyone else feel like “A Stranger in a Strange Land?” This Fourth of July was weird, the market is weird, it is just “Strange.” But, technical chart analysis is always grounded in reality and I offer my current, reality based, analysis in this...
If you want to have a “stimulating” conversation, ask someone about wearing a mask. I guarantee, the discussion will not be boring. I’m not here to take a position on masks, but I thought that would be good hook to get your attention. There is no...
The S&P 500 is finding resistance at a key gap level from last week. Watch this level closely! In this week’s update I review this level on the chart. I also point out a couple of very interesting articles, and the key economic reports coming out in the...
Last week the market was pretty wild! Right now, I am seeing a POTENTIAL high probability trade setup. In this week’s video, I explain it. Subscribers to my Stock/Options Picks and Live Trading Room will get the exact details, tonight. Not a subscriber? Sign...
If you have been following my weekly updates for any time, you know that I have been waiting for the market to head back down. And it has not. I was wrong (at least for now.) The good news is, it is OK to be wrong about the market. In fact, I’m wrong 40-45% of...