John Carter made over $1,000,000 in one day trading Tesla using options strategies. And this isn’t the first time. In trading, we’re going to miss a lot of moves, but sometimes, we see opportunities where everything lines up and we do a full-court press.
Normally it would be redundant to say to technically minded traders that “news is noise” … but these are not normal times. Let’s talk about what a chart represents. A chart is a visual representation of the collective decisions and subsequent psychology of millions of market participants.
One of the greatest strengths of the human race is our ability to adapt to our environment. Not the kind of adapting where we grow fur, webbing, or a new limb, but rather, adapt mentally.
What are some safer picks to look at when trading in this uncertain market? Allison is looking at symbols and sectors that either could benefit from the coronavirus or will not be as affected by it.
This week alone, I have heard the Trade War between the US and China was both close and far from being completed. Or was that just the Phase One portion? Wait, Phase One? When did that become a thing? I have been interviewed by two different media outlets a few weeks apart and each of … Read more
Disruption continues in the world of discount brokerages with the announcement today that powerhouse Charles Schwab is buying competitor TD Ameritrade for $26 billion. The blockbuster merger of the two largest discount brokers is being watched by retail traders who are enjoying a wave of zero-commission trades triggered by Schwab in October. Eliminating basic account trade commissions disrupted the industry as it forced others to follow, including TD Ameritrade.
FAANG was the acronym created from the powerhouse stocks that lead the way for many years as they grew to huge significance in the market. It was a catchy term that helped seat them in our brains and, with a fierce term like that, probably helped them grow on aura alone. One thing we reliably … Read more
As we wrap up October and roll into November there’s one thing that always comes to mind for me – McDonald’s. Wow. McDonald’s you say? Thrilling. Are you there for the burgers or the milkshakes? Honestly neither and I’m not here to have a discussion on the food. The reason McDonald’s comes up for me … Read more
Let’s talk about the yield curve. What is it? Yield curve is a visual representation of the “spread” or difference between government bonds of different maturities. For example, if the 10yr bond has a rate of 2% and the 2yr bond has a rate of 1% that would mean the 10y/2y spread is 1%, or … Read more
It’s Fed day again! The time when markets come to a standstill as they hold their breath, waiting anxiously for nuanced words in the report, and of course, what the interest rate will be. I have covered this event before in a Simpler Blog named “Don’t Fight the Fed” so I won’t repeat all that … Read more