Life is Better at the LAKE?
I needed a couple new aggressive trades, and these two fit the bill perfectly. LAKE and HALO have my favorite pattern — a bullish momentum ticker with high short interest near the highs. This is how I’m trading them.
Archives: Daily Videos
Euphoria is Worse than Fear
There are setups all over the place, and the market continues to roar higher. In this options traders playground, don’t forget to check your risk. Let’s talk about CHWY, PTON, TSLA, MSFT, AAPL, LAKE, HALO, and more…
Was today’s pullback in gold enough?
There are two ways I measure whether I will buy a pullback: Volume and Volatility. Here’s how that looked on today’s low in gold.
Daytrade Bias, Gold, Copper, and Bonds
We’re sticking with the long side for the daytrades and looking for longs in gold, copper, and bonds.
Three New Picks
Good things come in threes, and I think I’ve got a trifecta of symbols that are worth your consideration. Let’s take a look!
FANGOver
Stock indexes traded through a volatile range on Friday as three members of FANG reported quarterly results. Bulls are still in charge, and while we could pull back at any time, these are the names that should continue to lead the way higher.
Copper Pullback Setup
Daily copper moving lower with equities has set up a trend following swing buy, here are the details.
Copper, Crude, and Options
This weekend will dictate whether the market is heading higher on Microsoft in talks to buy TikTok (think: Better US/China talks) and Congress coming back next with progress on the next stimulus. Add the month-end outflows and new month inflows and we have the makings of some risk appetite next week.
