Stay Sharp

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

Two Day Trade?

Right now, I’m feeling like I’m stuck between a rock and a hard place. I took two small trades, which if they work, might only go for two days. The SPY is near all-time highs as it keeps bumping along the Daily 50 SMA. On the surface, this should be fine, but I just am … Read more

How to Trade Around FED News

When the FED makes an announcement, the markets listen. Many new traders who are unaware of this announcement can find themselves hurting on their shorter dated trades, and newer intraday traders can find themselves from a profit to a loss within seconds due to the volatility surrounding the news. I often get asked by traders … Read more

Place your bets!

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

Sleeping Tech-Giants?

As the market has continued its bullish trend over the last few months, we’ve seen many stocks benefit from this momentum, making impressive moves alongside the indexes. While $MSFT, $GOOGL, and (at times) $AAPL have all seen strength in recent months, there are two tech-giants who have continued to trade sideways: $AMZN and $FB. While … Read more

Year-of-Gamma

2021 – The Year of Gamma

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

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

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

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