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...
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Jump on The Week: August 17th
There may not be a lot of data points this week. But that doesn’t mean there aren’t plenty of obstacles. Money rotated with a vengeance from technology into small caps… ...while inflation came in hotter than expected. That’s put a crimp on the treasury run and...
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...
NKLA is so dangerous, it could do more than blow up and account
I don’t toss out words of warning lightly. But there are huge amounts of risks in trading Nikola (NKLA)...some of which most traders don’t even know... That’s why it’s important you read this carefully! Get involved in the wrong strategy...and ...You could end...
Where’s the Beef?
Have you noticed things cost a little bit more at the grocery store these days? No, it’s not your imagination, our food is getting more expensive. This past month, the price of meat, poultry, fish, and eggs jumped 10% from the prior year. And there is...
This is exactly how I set up my High Octane Trades
Well, my first set of High Octane trades produced some pretty amazing results. The very first alert for High Octane Options- A $16k Winner I quickly followed that with another win in Expedia... What is that I’m doing to knock these trades out of the...