Was Trading TSLA Worth It?

Price action, heavy trading volume, and catalysts—three ingredients that make up a sexy trading opportunity.  And of course, no large-cap stock has been sexier to trade this year than Tesla.  Today I want to talk to you about two TSLA trading stories that highlight...

Midweek Market Update – QQQ, TSLA, XLE, SMH

Last Friday, markets appeared as if they lost their footing. News of the Coronavirus gripped traders with fear, sending the DOW down 600 points in a single day. Apparently all was forgiven by Monday. And since then equities have shrugged off every piece of bad news,...

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...