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...
Intermarket Analysis – GLD, XLF, USO and More!

Intermarket Analysis – GLD, XLF, USO and More!

The year started off with equities, bonds, and gold all racing higher. An upcoming election painted uncertainty. Yet, Fed policy actions indicated that investors had nothing to worry about. That was 2008… the peak before the Great Recession. But what about the...