Crude Oil Aftermath.
There are typically two modes we are in for data events: Entry or Follow-through. Patience is the key and I explain what we did and what we are looking for again to get long in crude oil in today’s update.
There are typically two modes we are in for data events: Entry or Follow-through. Patience is the key and I explain what we did and what we are looking for again to get long in crude oil in today’s update.
In this video, we discuss the quick turnaround from a big drop last week. Is this FOMO or short covering or…? Is it better to buy or sell this?
We setup a Butterfly in AMZN in yesterday’s free video, and so far the idea is holding well. Butterflies can be especially powerful around expiration, and there’s another stock that might work well with the strategy.
Over the next 3 days, I’m going to group my trades into one of two groups. Knowing these groups and their distinct management style will be helpful as we navigate March expiration and head into the second half of the month.
Wednesday is a perfect time to set up a trade for energies going into the volatility of inventory numbers. Here’s how I set this up each week.
Trends persist and so do the levels. You know the mantra: Buy at the bottom of the range and sell from the top of the range.