This entry isn’t really about macroeconomics, it doesn’t really tippy-toe on the large picture at all. However, I do have some interesting data that can be useful during these extremely volatile times. Let’s jump in. We know we are just a few months from Summer, and things can all of a sudden get quiet for … Read more
The market is full of opportunity, so let’s dive in and I’ll show you what I’m talking about with the Top 3 names I’m following. My criteria is based on a combination of things, like a Squeeze on the hourly, 4-hour, or daily time frame. Best case scenario, all of these time frames align in … Read more
Don’t worry we aren’t going to talk about GamesStop (GME), I just need to get that out of the way just in case you were curious, it’s over – get over it. But guess what! I have my eye on so much more that could be just as shocking and exciting. I’m talking about more … Read more
So after the first and second week of November 2020, we got to see the first sample of how a market can very quickly change personalities. Not only did it grab my attention, but it was my first two consecutive weeks of very little profits. It’s a testament to the importance of never over positioning, … Read more
Let me just start out by saying, do not count out an extended rally into the new year. Bold statement? Honestly? Yes. But this is a bold-ass market with record call buying. You might say, “the Nasdaq chart has less or no structure! It’s unsupported. The PCALL and SKEW indicate I should have hedges on!” … Read more
When one ventures down to the ocean floor, what does one see? Maybe an octopus, some really rad neon fish, the occasional shark, definitely a coral reef or two. Maybe a mermaid if you’ve been drinking the sea water. Mainly the idea is that everything is pretty much living in synchronicity, a certain harmony if you will.
In recent weeks, we’ve been a slave to the tweets. Namely, two weeks ago for the FOMC meeting that had little reaction and then a 50 point move appeared after, you guessed it: Trump tweeting. And so a wave of confusion persists. Personally, I’m reminding myself that if cash is my position, then I’m naturally … Read more
Decisions, decisions. So, what shall you do in this red-hot volatile market? For options traders, I hope that sitting on your hands remains an option, but there are still opportunities out there! In 2019, I’ll be looking for stocks that are inherently valuable to America’s GDP. I’ll be looking to take advantage of America’s retail … Read more