In the Media
The spring home-buying season took a bit of a hit, which is an outcome that some of us could’ve expected. Why? Because sellers didn’t want potentially COVID-19 positive people in their homes during a worldwide pandemic. It makes sense, I’d feel the same way. However, we’re at a point now where parts of the country … Read more
One of my favorite moves at market open is looking for honey badgers. What’s a honey badger? It’s a stock that defies the relative strength of the market because they’re benefiting from this world-wide pandemic, which makes them explosion candidates going into earnings. When I have my eye on one in particular, I’ll first wait … Read more
There’s no doubt there are sectors in the market that’ve been hit harder than others during this pandemic, but for me, cruise lines are the ones who’ve been hit the hardest, even worse than airlines. Why? For starters, they’re basically floating Petri dishes making consumers unwilling to entertain the idea of vacationing on one of … Read more
Lately, my primary trading focus has been on relative strength winners that’re benefiting from COVID-19. One of my favorite trading setups is the rally prior to an earnings report on bullish anticipation of the actual report. Typically, I start this trade about 7-14 days prior and/or when it hits key support levels. Last week, Amazon … Read more