Yesterday I grilled Keith Harwood on the best way to trade into the rate cut. The quick Eye Opener video chat was great and the folks in the room walked away with some solid tips to navigate this big trading day. Take a look at the chat:...
The scope of Oracle's jump is pretty much unprecedented. There have been few single tickers that have moved that much money in the history of the market. But as traders, we want to know where it came from and where will it go next. Sorting through that is like trying...
Let’s start the week out by looking at trade examples in the SPY. We’ll take a look at what is going on this morning, a great indicator that is effective in this situation, and why the SPY is an excellent choice for trading options. At the bottom of this email, I even...
On the weekend video i highlighted MSFT, NVDA, AMD, as the stocks that had the best chance to rally from the then current levels. Please check their performance thru the first 2 days of the week. I also think bonds have bottomed. Any pullback from here I will be...
Even though markets were a little spongy yesterday, they pushed higher and tech seemed to be fighting back the hardest. As people lock in profits we see some dips but there are others right there waiting to jump in and push stocks to new records. The key is...
Another stomach churning dip, and another recovery. How does this happen? More importantly, when will you know that this healthy, profitable cycle has ended? These rolling hills as the rally climbs are a consequence of money rotating within the sector. Trading has...
Markets seem mostly unphased by the big earnings announcement that everyone was waiting for. If anything it is looking to create a dip and buying opportunity. So where is the money moving? Blane Markham and I took a look at the charts to see what we could pick up and...
The market seems to be a headline addict right now looking for the next fix to keep it going. We almost instantaneously pivoted from the Fed news to looking at NVDA earnings. After the jump on Friday markets wobbled yesterday and eked out small gains. Everyone is on...
There will be some undeniable winners from the whiff of a rate cut possibility the Fed gave on Friday. But you don't want to wait until it is all priced in. Money is definitely shifting beneath the surface of these record high and the news from Jackson Hole opened the...
Friday is Jackson Hole and regardless of what news comes out or doesn't come out of that event, the option positioning indicates risk is to the downside. So survival would be a good day tomorrow for stocks in general. Only if the market survives the day, then a last...