There’s been a lot of uneasiness in our trading room lately — from traders who have been at this for years to our new trial members that feel ‘in over their head’. It’s an unpredictable time in the market… And I feel like I’ve been using the word ‘unpredictable’ so much, someone should write it … Read more
As the year heads quickly towards an end, it always leads me into an introspective state. I must not be alone, because over the course of the past two weeks, I’ve received an increase in emails from traders reflecting the same sentiments. Here’s what they’ve said… The questions range from clarifications on trading plans, examination … Read more
Plus a super special deal As the end of the month draws to a close, I always like to reflect on what’s worked — so that I can do it all again next month. Some of my biggest winners this month have been several of these names: WMT – 79% gain TGT – 231% gain … Read more
& our Black Friday Sale starts today!! Thanksgiving has always been one of my favorite holidays. I’ve always loved cooking alongside my parents, while my brothers and sister argue over who is going to wash the dishes. In the Shay household, we definitely make Thanksgiving a weekend affair. So today I just want to say … Read more
The case for Nike NKE and HD are two of my favorites. NKE is what I would consider a regular, swing trade setup, while HD is just about to report earnings. Both have pulled back down to the 50 SMA, a key area of support, and have begun to trigger to the upside. This is … Read more
Today I wanted to talk a little bit about the areas of the market I’m going to continue to trade for the rest of 2019 and into earnings season in January of 2020. What I’ll be discussing is on the parameters that we don’t get a substantial change in market conditions. Here’s where I’m looking … Read more
When we last spoke, we discussed the extended state of the market, along with how to use Phoenix to give you a heads up to time the pullback. Looking for a reversion to the mean — which is really all I’m looking for when I state ‘pullback’ can be tricky in a very strong, bullish … Read more
Have you wondered if, or when I think about hedging? During this special guest webinar with Sean Fenney, the senior managing director at the Nasdaq, we discuss a variety of Nasdaq products you can use to hedge, along with the technical moments in time where hedging can be warranted. We walk through: Nasdaq equity index … Read more
The market has been extended for almost a week. Like we talked about in my webinar with the Nasdaq last week, that’s typically a good time to hedge. However, one key piece of this is waiting for some type of trigger. Because, if you don’t, then you’re just fighting the positive momentum higher. Typically, what … Read more
The structure of the market has significantly improved in the last 3 weeks, particularly because of large macro factors. Like… Another Fed rate cut, an upcoming resolution of the trade war, market largely displaying the impeachment proceedings to be unimportant, and strong earnings. For me, I’ve been very cautious going into this earnings season, because … Read more
a follow up Last week, we discussed earnings season — and some of the opportunities it can provide. One of my favorites is the 2x move. This is when a company shocks on earnings, to the upside, and the stock moves more than twice what the market maker move was. Often times, this sets up … Read more