Classic Triangle Pattern: TSLA

Every chart pattern requires one key element for it to work – context. Without context, you’re driving a car at top speed unable to see the edge of the road. And we all know how that ends up… Pundits didn’t think Tesla could squeeze the shorts any harder in...

Intermarket Analysis: SPY, GLD, TLT, and more.

This week is shaping up to be another rodeo. My read on the markets…we’re just getting started. We’re in for sharp rallies and steep drops. Dow futures were up this morning, despite heavy selling pressure coming out of China, which saw its stock market...

Jump on the Week

If you didn’t feel something watching Friday’s market action, you might want to check your pulse to see if you’re still alive.   The days of calm markets are over!   Even though I warned everyone to watch for a top nearly two weeks ago, people still got...

Trade Review – ROKU Iron Condor

Buy and hold did pretty well last year. Heck, the S&P 500 returned almost 30% and the Nasdaq 100 over 40%. But what if I told you I could show you a strategy with a high win rate that is so easy to execute, you could put in your exit order alongside your entry? Of...

Midweek Market Update

The Fed came and went like a whisper no one heard. They confirmed low-rates and a commitment to higher inflation leading to a muted market response. It’s almost like we knew what they were going to say…     Back on planet Earth, the rest of us were trading...