Ready to Pounce

Ready to Pounce

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

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

Case-for-Bitcoin

The Case for $54,000 Bitcoin

We have looked at Bitcoin for some time at Simpler Trading, both in the rooms and individually. This year has seen Bitcoin and crypto again in the spotlight. We are seeing crypto gain attention for two reasons. The first is the continuing and never-ending money printing by central banks diluting the purchasing power of fiat … Read more

If-You-Are-Long

If You Are Long, Put Your Hedge On

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

Three is a Magic Number

One of the most important signals driving today’s market is one you may not be familiar with. Most traders begin their technical trading with daily charts. Then they branch off into intraday or weekly, maybe even monthly charts. One that’s not so often discussed is a 3 day chart. 3 is a magic number for … 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

Santa, Santa, Where Are You?

As we go into the close of 2020 and come into the holidays, the market historically looks to the sky for the Santa Rally. What is the Santa Rally? The Santa Rally is when the market typically trades higher going into the final few weeks of the year. What’s the reason for the Santa Rally? … Read more

The Case for Crypto Altcoins

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