When we last spoke, we discussed the extended state of the market, along with how to use Phoenix to give you a heads up to time the pullback. Looking for a reversion to the mean — which is really all I’m looking for when I state ‘pullback’ can be tricky in a very strong, bullish … Read more
Have you wondered if, or when I think about hedging? During this special guest webinar with Sean Fenney, the senior managing director at the Nasdaq, we discuss a variety of Nasdaq products you can use to hedge, along with the technical moments in time where hedging can be warranted. We walk through: Nasdaq equity index … Read more
The market has been extended for almost a week. Like we talked about in my webinar with the Nasdaq last week, that’s typically a good time to hedge. However, one key piece of this is waiting for some type of trigger. Because, if you don’t, then you’re just fighting the positive momentum higher. Typically, what … Read more
The structure of the market has significantly improved in the last 3 weeks, particularly because of large macro factors. Like… Another Fed rate cut, an upcoming resolution of the trade war, market largely displaying the impeachment proceedings to be unimportant, and strong earnings. For me, I’ve been very cautious going into this earnings season, because … Read more
a follow up Last week, we discussed earnings season — and some of the opportunities it can provide. One of my favorites is the 2x move. This is when a company shocks on earnings, to the upside, and the stock moves more than twice what the market maker move was. Often times, this sets up … Read more
With earnings reports coming in over the last week and next few weeks, there’s a lot of speculation about what might happen to the market, who might report what, and how traders and investors alike can be prepared. No one wants to be on the wrong side of an earnings report. Especially when the trend … Read more
The stock market has basically been at a standstill the entire week. Volume’s been extremely low, and price has traded right around the 3,000 price point in the SPX. The news has been full of impeachment talk, Turkey, Syria, upcoming earnings, and the 2020 election cycle. Plus, after the bell, MSFT reported earnings (and a … Read more
Earnings season started this week with a bang, with bank stocks including JPMorgan (JPM) and Citigroup ©, announcing positive results that sent the market trading higher. Next, came a few transportation stocks and the first of the Nasdaq 100 components (NDX) — Netflix (NFLX). Next week, is when the real volatility will kick up, as … Read more
I just got back from Las Vegas, where I was speaking at a conference for an incredible organization, Traders4ACause. T4AC19 was the 6th edition of this hallmark conference, hosted each fall in Las Vegas. It was an amazing weekend filled with networking, educational, and motivational presentations (and plenty of social events). This conference really provides … Read more
Here’s a list… Today, I was asked in the trading room how one can scan to identify trades that are meant for a small account. Well, I don’t have a specific scan that does that — but, I can tell you my process for identifying these trades. There may be a scan out there that … Read more