February is Seasonally Weak

February is Seasonally Weak

Hey Market Pilots, February is typically a weak month, and while that sounds like no fun or detrimental to our accounts, we should keep a few things in mind when contextualizing it. While the second half of 2020 and the beginning of 2021 have been extremely strong, we can’t expect our accounts—or the market—to go … Read more

Correction-by-Time

Correction by Time

Hey Market Pilots, The indexes have been a little difficult to read and interpret over the last few weeks. I chalk this up to back-to-back four day holiday weeks where traders are on vacation and volume is reduced, plus end of year shenanigans due to tax concerns. I wrote a newsletter the other week describing … Read more

When-to-Trade-VS-When-to-Hold

When to Trade VS When to Hold

Hey Market Pilots, Usually I am a pretty active trader, but recently there have been many names out there which have given me significant signs that I should hold on for longer. So when and how do we decide to go from trading a stock to holding a stock longer term? For trading, it’s mostly … Read more

SL: Election Day 2020

Hey Market Pilots, So we finally had the 2020 election on Tuesday, but now it’s Wednesday and we don’t have an answer. I believe this was of no surprise to the vast majority of us, as we knew this year’s election was going to be just another crazy thing to add to the list of … Read more

eeing Strength, But When?

Seeing Strength, But When?

I am starting to see a common pattern arise out there in the market which is generally bullish, but it can also hold for a long time before it finally takes off. Many tickers out there did an amazing job running up in early October, and I view this as a great sign, especially since … Read more

Covid in the Whitehouse

Covid in the Whitehouse

The last few days have shown that we have to be prepared for anything to happen in 2020. Yes, there are only about 80 more days but with the rollercoaster of the COVID pandemic now reaching President Trump himself, why shouldn’t we expect aliens to visit too? Oh wait, they apparently did. Watching the various … Read more

Follow-the-Footsteps-Blog

Follow the Footsteps

The trading days surrounding the Labor Day weekend saw the market sell off hard. This was not a surprise as we had been seeing indications that the market was getting very extended. One way that I can detect when the market is ripe for a turn is by watching the UVXY. This is a leveraged ETF of volatility and can be a tool for hedging.

Equipment Failure

Equipment Failure

Having my blog this week was very timely with ThinkorSwim breaking for not just Monday, but now Tuesday as well. Fingers crossed this doesn’t go for a third or more day. I am thankful that I was in cash for this and the Markets are basically not doing anything (except for TSLA). This made me think about our reliance on technology, and in this case, a single point of failure.