Bank stocks trying to tell us something?
Bank stocks have by and large seen big gains since the last November but this week may be raising an initial red flag. Watch the VLOG Stay tuned for my new course on trading gaps. Coming out mid-March 2017.
Breakout or no Breakout?
‘Chart breakouts’ as they are called are many a trader’s go-to trade. After all these years however I still see this as one of the most ill-timed trades of all. In this video I discuss how to correctly trade ‘chart breakouts’ with a current example of a major stock index. Follow me on Instagram: Instagram.com/steadytrader […]
Is this the top…?
After one of the lowest September – October periods for the US stock market the S&P 500 may already have seen its version of the year-end rally. Selectivity is likely to increase. Join me for the ‘4th Quarter Investing and Trading Themes Update webinar: Monday June 6th. Register here: https://thesteadytrader.lpages.co/4th-quarter-11-6/
Facebook Stock in Lofty Territory
One of my golden rule is not to ‘chase’ stocks higher…particularly not ones that are exhibiting exceedingly steep charts. Facebook (FB) stock to me currently qualifies as one such stock not to chase. Watch today’s VLOG Try a better way to make money from the stock market: Take a 30-Day trial of my Clubhouse Membership […]
Things that make me go hmmm: Nasdaq 100 versus Implied Volatility
Over the past month and a half the Nasdaq 100 (QQQ) has continued to ramp higher in an ever so giddy fashion, while the implied volatility index of the Nasdaq 100 (VXN) is quietly making a higher low. In other words…some people are buying protection… Try a better way to make money from the stock […]
Bitcoin Buy/Sell Indicator…
Bitcoin and other digital currencies remain very much in wild west territory where wild swings are a daily occurrence. That’s exactly why I like to use an indicator to guide my entries and exits.
BABA stock’s path of least resistance is…
Shares of Alibaba (BABA) have largely trotted sideways in recent weeks but increasingly look ripe for a better directional move to the upside. Watch the video for the trade idea and possible next upside price target.
The Trade in AAPL Stock is …
Apple (AAPL) reported earnings on January 31st and the stock is flying after the news. The stock however looks increasingly exhausted on the upside. Here are my thoughts around the highest probability trade in AAPL stock at this juncture. Follow me on Instagram: Instagram.com/steadytrader
Biotechnology Stocks Rollercoaster
Biotechnology stocks as a group are big laggards for 2016. But will a year-end Santa Claus rally come to the rescue? Watch today’s VLOG Help me grow my #youtube channel. Please subscribe to the channel and like the video. THANK YOU! Follow me on Instagram: Instagram.com/steadytrader
The Biggest Risk to This Stock Market
The still ultra-low interest rate environment is pushing investors of all sorts into more and more risky assets in search for yield. Institutional investors with deep pockets are getting more creative and ‘diversifying’ (as they call it) or piling into risky assets. Wanna know where they are piling into and why this could be the […]