Just dropped 3 trades on Schwab Network (symbols inside)
Just got off the Schwab Network Big 3 segment. Gave them three trades - two bullish, one bearish. All based on these absolutely manic rotations we're seeing right now. The symbols: • XRT • MERCK • CAT Here's what I told them: The market's going 180 mph but can't see five feet in front of…
Retail Is King of the Hill
The futures were unchanged this morning. Know what happened at cash open? The NASDAQ ripped higher the second retail could start buying calls. I've been in this business long enough to remember when S&P futures actually told you something about the trading session ahead. Not anymore. Overnight trade has not been a good indication of…
Welcome to the People's Republic of NVIDIA
You probably saw the headlines: "Dow rallies 600 points as investors see little market risk from Venezuela action." Chevron surged 4%, energy stocks celebrated, and everyone's talking about rebuilding opportunities. Look, let me put this in perspective for you. ExxonMobil - the biggest energy player, the one everyone's saying will benefit from Venezuela - has…
Overnight Futures Just Became Useless
What the hell happened this morning? I'm sitting here a couple hours into 2026, and I just watched something I haven't seen in years. The overnight futures were screaming - up huge, decent volume, everything pointing to a strong open. Then retail walked in at 9:30 and said "nope." Wiped out 10 handles like the…
Here's where I was right (and dead wrong) in 2025
Last trading day of 2025. Time for the brutal scorecard. Look, a year ago today, I sat in this exact spot - probably with six monitors instead of two like I had that morning because my setup was screwed up - and I told you to "get ready to rumble." And you know what? While…
Why Everything You Think About Silver Is Wrong
Silver shot up 7% this morning, and I watched everyone scramble to explain why. China wants delivery. Overnight futures pressure. Global demand. Inflation hedge. All wrong. By 11:30 AM, SLV had traded over 840,000 option contracts. To put that in perspective, that's almost as much as NVIDIA (630K), Microsoft (86K), and Amazon (138K) COMBINED -…
The Bubble of Everything
S&P's been range-bound for a month, hitting all-time highs while sitting dead at 50/50 advance/decline. That's not bullish - that's a setup. Look, I get it. When you see "ALL-TIME HIGH" plastered across every financial headline, your brain wants to process that as strength. But here's what those headlines aren't telling you - we've been…
I Own Zero Stocks Right Now
People keep asking what I'm buying these days. Here's the shocking thing I tell them: I don't own anything. Nothing. Not a single stock. No crypto. No mutual funds. Zero public companies in any of my accounts. And no - I'm not waiting for some perfect crash. I just think everything's priced like absolute garbage.…
Markets close, but the edge never sleeps - Happy holidays!
As we close out another year in the markets, wanted to wish everyone happy holidays - whatever you're celebrating. Christmas, Hanukkah, or just some time away from the chaos that’s called trading - the important thing is stepping back and appreciating what matters. This business never stops moving, but sometimes the best strategy is knowing…
The SLV trade everyone's getting backwards right now
I Just got off Schwab's Big 3 Show. And I had to talk about my best trades of 2025. You know how I feel about that—bad trader juju. But here's what matters for what's coming next. Tesla? Yeah, caught that ride from $300 up. Wasn't about the cars. Wasn't about the business. It was about…