The truth about market correlations
We’re told that bonds and stocks trade in opposite directions. In reality, it’s not that cut and dry, despite what economists would have you believe. Over the last 20 years, the TLT and SPY have a daily correlation of -0.424. While that’s a pretty...
Catch the money pattern in action with GLD and QQQ
After weeks of watching tech and gold scream higher, both hit the pause button. Actually, gold did more than hit the pause button. GLD Hourly Chart What’s so cool about this chart, and what I want to discuss today, is how the money-pattern...
Don’t Trade GLD or SLV Before You Read This
Over the weekend, I received a question from a High Octane Options member. Some of it dealt with the crude oil price crash from a few months ago...when the futures actually traded negative. But they weren’t asking about crude oil. Instead, they wanted to know if a...
This SPY price will cause a short squeeze
Markets aren’t cheap by any traditional measure. But that hasn’t stopped bulls from trampling bears left and right. If the SPY crests $339.08 and starts closing daily above that level… Prepare for the mother of all rallies! SPY Daily Chart So far, it’s been...
Will Markets Plummet When Parents Realize Kids Are Stuck At Home?
Normally, when kids start to go back to school, it’s time for parents to celebrate. A RagingBull team member shared her excitement at what appeared like freedom at the time. Share yours on Twitter with @RagingBull with the #tradingschool This year...not...
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Is ZM setting up for an epic crash or another bull run?
Hello trader, If you bought $10,000 of ZM at the open of their IPO, you would have over $70,000 today. With an epic run of over 730%, it’s natural to ask… Are shares of Zoom Media setting up for an enormous crash? Most definitely. But that doesn’t mean I want to bet...
Which would you rather: AMZN or APPL?
A difficult choice to say the least. Amazon’s diversified revenue streams cushion it from downturns. Yet, Apple’s products and services garner incredible market share with a global presence. Between the two, I like Apple more, and here’s why. Apple could see an...
Smart money isn’t watching the jobs number and here’s why
Friday’s jobs data comes out at 8:30 am EST. With hardly any earnings or data points before then, the unemployment release should drive this week’s market. But is that actually true? We’re told that economic indicators matter...but do they really? I want to start this...
Surviving the coming market crash 101
Markets always correct, and those who play it right can reap enormous rewards. It’s not a question of IF but a question of WHEN. In a recent podcast interview, I explained why markets are set to drop no matter who wins. Now, I want to share how I plan to not...
Miss the Tesla trade? Here’s what you can do
Shares of Tesla ran higher right into Battery Day despite broader weakness in tech. Anyone who hopped on this train earned a shot at some serious profit potential. Now that Battery Day has passed, I’m on the hunt for hot new trades. And no, that...