The Right Trades For A High Skew Environment
In this crucial weekend video newsletter update we analyze trades you may want to take in this current market environment. Don't miss this in depth analysis that can potentially make or save your account next week...
Microsoft Rallies On Great Q2 Earnings
Stocks Pull Back On Thursday Amid this strong earnings season, the stock market had a rare decline on Thursday as the S&P 500 fell 0.4% and the Nasdaq fell 0.37%. The Nasdaq will likely increase on Friday because of Microsoft’s great earnings report which I will review later in this article. The Russell 2000 was…
What Trump’s Criticism Of Powell’s Rate Hikes Means For Monetary Policy
President Trump Doesn’t Like Powell’s Rate Hikes President Trump has made his opinions on monetary policy known more than other recent presidents. During the campaign, he criticized low rates for artificially propping up the economy. He selected Powell as Fed chair and appointed other FOMC members, so some are calling this a "Trump Fed". However,…
Your Trade Plan for Key Stocks
In this video, we start with XLY and then XRT and then focus on specific price levels and breakout-or-range trades setting up right now in TGT, JWN, BBY, KORS, ROST, AEO, and of course COST. We focus on planning a future breakout or alternatively playing this range at the highs for your next swing trade…..
The S&P 500 Is Just 2% From Its Record
Stocks Inch Closer To A New Record The S&P 500 was up 0.22% to 2,815.62 on Wednesday. Each point the S&P 500 increases is technically important because it is so close to a new record high. Just because I think it will breakout because earnings growth is strong and other indexes such as the Russell…
Morgan Stanley Bolsters The Financials
Legal Costs & Trading Dog Goldman Sachs I like to review the notable earnings reports to get a closer look at the overall numbers. Earnings season looks great. Specific data from a few companies helps us understand the direction of corporate earnings. The two earnings reports I’ll discuss here are Goldman Sachs, which reported Tuesday,…
Trade Ideas For MSFT’s Earnings
In this video newsletter update we target MSFT's earnings announcement. Watch this video newsletter for the type of trade you may want to take in MSFT that could generate 4 to 6 times the investment...
12 Times More Firms Complain About Currencies Than Tariffs
Stocks Get Closer To The January Record The S&P 500 increased 0.4% on Tuesday, which means it only needs to rally 2.2% to hit the record high set in January. The S&P 500 is in great shape technically to finally break the record high because it is within striking distance, but it isn’t overbought. The…
Earnings Season Is Going Well
Big Tech Earnings Are Upcoming The next most important round of earnings results I will be following is from the major internet names which are Amazon, Apple, Alphabet, Microsoft, and Facebook. Microsoft reports on Thursday, Apple reports on July 31st, and the others report next week. They will impact the Nasdaq more than Netflix did…
Disaster Planning When Your Trading Plan Goes Wrong
In tonight's video we discuss how important it is to avoid "Deer in Headlights" when something unexpected happens to your trade. We show examples from the gap-down in Netflix (NFLX), the failed sell-swing turned big rally in /NQ and /ES along with the 'failure to bounce into breakdown' today in /GC….