If the Fog of War Has You Off Balance, There’s Always Clarity in Price
Stocks are chopping around all over the place today, drifting lower overall. The energy sector, as tracked by the Energy Select Sector SPDR (XLE) ETF is absolutely ripping to the upside; it’s up more than 3.5% for the five-day and has added more than 1% today alone. A couple of names in the sector especially…
Stay Profitable on the Highway to the Danger Zone
Heads up: Don and I are going live on Wednesday to show everyone the “Squeeze Bar” strategy I used to go 18 for 18 in trades. We’ll look at some different plays tonight. You remember the movie Top Gun? When Maverick has a bogey on his six, and he hits the brakes to let the…
Helmets On! The “Invincible” Market Is Landing Hard
Mmm… Taste that? The markets this week cooked up something we haven’t had in a while: real, fast-moving, sell-side pressure. This market has felt invincible to the retail crowd for a while now, but the truth is markets are rarely that. This isn’t just about bombs dropping or crude oil spiking 7% in a single…
The Smart Way to Play These Mixed Inflation Signals
We've been talking a lot about inflation, and this week gave us even more to chew on in terms of CPI and PPI seeming to show a slowdown - disinflation. The textbooks will tell you that disinflation happens when inflation is still running positive but is compressing and slowing down. The data is a classic…
The Market Reversal Is Underway
We talk about markets “drifting” higher or lower, but that’s a figure of speech. Markets don’t just “drift” - momentum builds, positioning shifts, and suddenly you find yourself staring at what feels like the edge of a reversal. Like a tipping point. The S&Ps are down just 23 handles heading into the close, but don’t…
Embrace the Chop… Because the Trend Is Up
Note: Gianni’s going over his entire third-quarter playbook tomorrow in his Trinity Trade “mini-masterclass.” Stocks are hanging around in slightly positive territory today, but I'm seeing a lot of choppy price action in individual names. This tells me something interesting - that there are corrections taking place… but through time instead of price. This might…
How to Spot a “Squeezequake” Before it Erupts
These events have strange names, but the profit potential is no laughing matter. In fact, “squeezequakes,” when they happen and you spot them correctly, can be a game-changer! See, in my MasterMind class, I help traders identify what I call “Ghost Prints,” the telltale signs whales and other big market players leave behind that can…
Big Bad Bonds Are Back
Once again, we find ourselves locked in the volatility box. You remember: it’s tight, tense, and ready to snap. This time we’ve got major cracks reappearing in the bond market - the market serious traders watch but everyone else ignores until it’s on fire. Then again, serious traders understand just how systemically important bonds are,…
Jobs Miss, Markets Stall, and Consumers Are Looking Shaky
I spent the day watching a fragile market dance on a very thin tightrope. If you’ve been with me for a while, you’ll know how important I think monkey bars are; I use them constantly in selecting my trades. Well, the S&P 500 just rejected the 50% monkey bar level - more on that in…
Markets Are Under-pricing Risk (Dramatically)
As I record this, I’m watching the S&Ps drift into the cash close with all the energy and conviction of a wet sponge. This situation puts one big blip on my radar: the market is sleepwalking into risk. Yeah, we’ve had an epic run from SPX 500 to 600, but let’s not kid ourselves… Upside…