The summertime rally has been strong and sweet, but unfortunately, I think Jerome Powell put an end to that on Friday. The market has rallied largely off of hopes and dreams that lower inflationary data in July would lead to the Fed slowing down and potentially cutting rates come early 2023. However, I think after Powell’s … Read more
Danielle joined TraderTV Live to discuss her thoughts on earnings for SalesForce(CRM), her direction on the energy sector (XLE), and key levels on Tesla(TSLA). A special guest also appears to give additional input on his favorite stock! Watch the full video HERE.
A Bullish Stock in a Bear Market Despite the rally we have seen the past several weeks, the underlying cracks in the market remain, many of which have become even more apparent on earnings. However, that hasn’t been the case for all companies. In fact, many companies within the energy and consumer staples spaces have … Read more
The Sector SPDR Trust Energy ETF – XLE There isn’t much I like here on the buy side, even after this pullback, but I do have a keen focus on the energy sector for a couple of different reasons. The sector has been exhibiting relative strength all year, it has experienced a solid pullback and … Read more
Danielle joined TraderTV Live to discuss the choppy market conditions and her thoughts on Walmart(WLMT) recent news prior to earnings. She also discusses her thoughts on next weeks earnings. Check the segment out here.
Earnings Results vs. Reactions When Results and Reactions Don’t Match Going into earnings season, investors (myself included) were weighed down by the pervasiveness of negative fundamental data that was surely going to have a negative impact on earnings season. We knew that inflation was high. We knew that consumers were getting squeezed by that in … Read more
A Rising Market into Retail Earnings The Strength of the Consumer Discretionary Sector It wasn’t that long ago that Walmart (WMT) pre-announced negative earnings revisions (July 26th to be exact), and we saw WMT stock gap down 10% overnight on the news, and take all retail stocks with it. That pre-announcement that initially looked like … Read more
Hey traders! This week, I wanted to highlight analysis from my friend and well-respected colleague, Mary Ellen McGonagle! She primarily focuses on stocks with a 2-week to 9-month horizon depending on market conditions. She has some great tips on how to capitalize on the current uptrend taking place! Check out her guest newsletter below to learn … Read more
Hey traders! This week, I wanted to highlight analysis from my friend and well-respected colleague, Mary Ellen McGonagle! She primarily focuses on stocks with a 2-week to 9-month horizon depending on market conditions. She has some great tips on how to capitalize on the current uptrend taking place! Check out her guest newsletter below to … Read more
For today’s Five Star episode, I wanted to highlight what my colleague and fantastic trader, Allison Ostrander has been up to. She has been crushing it in our Simpler Options trading room, and her own Mastery service, using day trading butterflies on the SPX. I’ve loved watching what she’s doing, especially because, as you know, … Read more