Use These Signals For A Market Bottom- SPY, VIX, VVIX

Yesterday’s market action was severe. We hadn’t seen a sell-off of that magnitude in over two years. In fact, the last time we saw a 1,000 point down move in the Dow was back in February of 2018. And believe me, that wasn’t fun for a lot of traders! What I find...

Intermarket Analysis – IWM, SMH, UUP

Many traders woke up this morning in utter dismay when they saw the DOW futures trade down by more than 740 points. The fear of coronavirus cutting into corporate revenues across the globe is now becoming a reality. Companies like Apple, FedEx, and Starbucks have...

Jump on the Week – TLT, GLD, QQQ

Is the market starting to crack or is this just one of those legendary buy the dip opportunities? Here’s my take—despite a frothy market propped up by easy money, equities aren’t as overvalued as you might think. With the current price to earnings ratio at 23.77x, it...

Which News Matters To The Market

Humans, in general, are uncomfortable with uncertainty. Instead of accepting the fact that we don’t know everything, we’d rather be spoon-fed an explanation (whether it makes sense or not). And if you follow the stock market… you’ll see it every day. One day the...

What NASCAR Can Teach Us About Trading

This past week was one of the MOST exciting in my life. I lived out a childhood dream to sponsor a NASCAR driver – #32 Corey Lajoie. Corey’s epic battle earned him a hard-fought 8th place finish (driving a backup car)! As I watched the race, I realized how well...