The markets are having another moment. We have seen a steady cadence of resets along this rally, but we aren't seeing this one recover as quickly to more all time highs. It is similar to the one we saw in the beginning of October that lumbered along for a while before...
Not sure if anyone else feels like this market is a meat grinder. If you are too close it is easy to lose sight of why it is an awesome market for traders. Keith Harwood and I talked through navigating these shakeouts and he offered up some great tips and a couple...
I had that sinking feeling again. Watching gold hit new highs while I was focused on the other headlines. "Damn, I should have been in months ago!" Unfortunately this isn't the first time I have had fomo on a big move. That's why I was stoked when Blane Markham showed...
Following up on a quick 46% trade tip from Blane Markham from Monday's chat as we headed in to the shut down, he stepped back in with another Eye Opener hot pick. This one took all of the effective tools we have been using but pulled the noise of the standoff in...
There are a lot of forces at play in the market right now and, in many ways, we are in uncharted waters. But there is actually a logical and simple way to boil it down and find the right strategy (call, put, spread) that sets up a high potential win. Many are getting...
Following up on an RTX trade from last week that pulled in a quick 25%, Blane Markham jumped on a quick chat with me yesterday and talked about the rebound (again) and spotted a great set up. It wasn't in an area that I would expect but this healthcare play exploited...
For the past couple months the market cycle has been very repetitive. If you are too close to it, it is easy to miss the big advantage this offers for traders looking for income. This wash, rinse, repeat cadence of rallies to new highs, pull backs, and then another...
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...