Am I still buying Tech?

Last week we started a mini-series talking about the tech industry and its recent activity in the market. This week, I’m explaining why (despite its slow-down) I’m still (cautiously) optimistic about this sector. Should we panic over the slow-down?… While I’m not viewing the price action as abnormal under current circumstances, that doesn’t mean this … Read more

One month to the election

Hey Five Star Traders, As I’m sure you’re aware by now, some huge news broke early Friday morning (10/2/2020). President Trump tweeted that him and First Lady Melania have tested positive for COVID-19. This of course, was an unexpected announcement and will no doubt have a rippling effect on many things including the market. Of … Read more

No time to travel

The travel industry has been in serious trouble this year. With COVID continuing to be a threat, traveling is the last thing on people’s minds (me included). Because of this, I do not like travel stocks here at all, and I think they will get worse before they get better, despite Americans somewhat getting back to … Read more

What’s up with the Tech Sector?

The Tech industry has been hot this year, with some stocks valuation at nearly two-decade highs. For a while, it looked like this sector had been unwavering in this bullish market, but as we all know… change can happen on a dime. More recently, it seems like the market’s bullish run may be waning, so … Read more

A good, but not perfect, fly

A Tuesday Trade Edition: One of the most important concepts in trading is to review your work, and learn from the good and the bad. It’s critical to identify what’s working — to do more of it. Each week, you’ll get a trade from my trading journal, in which I explain my whole thought process … Read more