Now, no one’s calling it a debt bubble — yet. Probably because it hasn’t burst. But, we are. Why? We’re looking at the signs and remembering 2007 with the subprime mortgage crisis. It was caused by lenders giving out loans to people who really shouldn’t have qualified, and then, when they got too stretched, they … Read more
IF we get a pullback. Here’s where I’m at today. On a long term basis, I’m bullish this market. The force in which it rallied off of the June 3rd low, lead by market leaders MSFT, ADBE, AMZN. As well as, Phoenix industry groups, the cloud kings, cyber security, and credit card companies, show me … Read more
To Help You Achieve Your Goals: A Trader’s Journey It was six years ago that I first began my trading journey — when did you begin yours? I’ve always loved to learn. Even as a child, I was never satisfied with average. I always wanted more. But I wouldn’t have been able to achieve this … Read more
The S&P made new, all-time highs today, and it’s shown its resilience and strength as it catapulted off of the June 3rd lows. The manner in which it traded through overhead resistance, at the 8, 21, and 34 EMAs, and then broke and closed above the 50 SMA, was indicative of how strong the rally … Read more
As I’ve now updated my Phoenix system The last two weeks, I’ve been travelling and sharing my love of trading. I went to New York City, and now I’m currently in Seattle, as I just wrapped up The MoneyShow here. So I just wanted to take a moment to say ‘thanks’, and to include my … Read more
What about the Canary? Remember in the last episode, where we discussed the short squeeze I was waiting for, along with three potential, macro, bullish catalysts? Those three catalysts being: 1) a resolution of the trade war with China without further escalation, 2) threats against Mexico not coming to fruition, and 3) a rate cut … Read more
Investing in Phoenix Stocks Despite Trade Turbulence The stock market has been volatile, particularly with constant threats of additional tariffs in the on-going trade war. However, there are many areas of the market that in all reality, aren’t being impacted by the trade war. While they may (initially) sell-off on bad news that causes … Read more
Let’s Discuss Powell, China, and the Short Squeeze Cheddar TV – June 5th, 2019 As the stock market opened higher, our key focus was on Powell’s commentary, the on-going trade war and the stock market. After trading lower throughout May, it started June with a bang. Why did this happen, and where are the opportunities … Read more
A tariff macro-theme update. New York City is awesome! While I’m jam-packed with media appearances in the Big Apple, this market is too interesting to not talk about… even from a cab stopped in Time Square traffic. Overall, I’ve viewed the indexes as oversold over the course of the past week, with the market pricing … Read more
Must come down… In my trading, I typically focus on the hot flying stocks and sectors that are outperforming the market and moving with exponential gains. Why? Because in the options market, identifying greater than expected moves is how we make our money. The problem with that, however, is recognizing that sometimes, what goes up, … Read more