Everyone has seen the recent run in Bitcoin. Bitcoin price has more than quadrupled off the lows and it seems that cryptocurrencies are now on everyone’s radar. Equally as important, we have seen institutions drive adoption like never before, from Square and PayPal allowing users to buy on the platform, to greater institutional investments in … Read more
Looking for the perfect gift is never easy. Knowing what to get your significant other, or that picky best friend who loves to trade, can be even harder. If you’re searching and scrambling to find some unique holiday gifts for a trader… look no further. We’ve got a complete list of cool gift ideas for … Read more
Hey Market Pilots, In trading we never know what the next trade will lead to because we simply don’t know the future. All we can do is take the setups we recognize and follow our rules. Last week I wrote about how the markets were shifting and setting up for perfect trading potential. This week, … Read more
2020 has certainly been a year for the history books in many aspects. We have had a worldwide pandemic that sent certain industries to a screeching halt and other sectors skyrocketing. The overall market has also had a rollercoaster of a year with a strong move down to long term support levels and then an … Read more
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
There is a setup in the markets currently that mirrors the setup just before Black Monday in 1987 that you should be aware of. This does not mean that history repeats; as traders we look at probabilities first. Let me make the case: In 1987, from June to October, the market was seeing a winning … Read more
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
One topic that’s seen a fair amount of conversation here lately is how long you should hold swing trades. By definition, a swing trade is anything held at least overnight, but there’s a big difference in holding a position for a day vs. holding for 3 months. Ultimately the correct duration has several variables, but … Read more
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
It’s easy to be a dollar bear… the buying power of the dollar seems to fall every year. The government runs a continuous and growing deficit every year regardless of who’s in control, and the Fed facilitates the largess with zero interest rates and monetization of the debt.