Relative Strength in Consumer Staples Tech darlings remain weak, as is typical for September seasonality, which causes me to search for relative strength elsewhere. Consumer staples are at all-time highs, as relative strength in this space continues to be strong. Of course, I don’t want to buy something already at high, but I want to … Read more
September is here, and its entrance is dashing hopes that September seasonality came early. As of this writing, the Nasdaq futures are down 2.25%, and the S&P is down 1.37%. What’s interesting about the summer pullback is that semiconductor and technology stocks led it lower. This is critical to mention because these are typically the … Read more
Trade Review I love using butterflies for low-cost earnings trades! This low-risk trade cost me $155, and I traded this ticker directly to my target overnight, making a triple on my debit. This earnings trade in CHWY had the following: Pre-earnings short squeeze candidate A ticker with an earnings turn around story Extremely low risk … Read more
Earnings reports can provide trading opportunities, particularly when stocks with high short interest, such as Gap (GAP) and Peloton (PTON). I joined Dominic Chu to discuss my short squeeze trade in PTON, a potential reversal in Paypal (PYPL), a pre + post-earnings trade in GAP, and my pessimistic take on NKE.
Sometimes, the indexes are chopping around and seem to be doing a whole lot of nothing. If you know what to look for, this can be a great moment to sell premium in the options market! In this trade review video, I go over my SPX 0 DTE iron fly, where I sold premium in … Read more
FOMO Rallies as a Catalyst The market’s correction was swift, and what was initially a short squeeze off the lows shifted into a FOMO-induced (FOMO = fear of missing out) buying rally. This is one of my favorite kinds of lows! Why? It may start with extreme fear (as evidenced by the put/call ratio), but … Read more
Hey traders! This market correction has been swift, but it’s clinging to support with a high put/call ratio. That means we could get a short squeeze coming soon! Check out my video with the critical zones outlined for the Nasdaq futures, along with my favorite stock in which I can’t wait to buy the dip, … Read more
Hey traders! Welcome to another exciting and arguably most crucial week of earnings this quarter. We will hear reports from Microsoft (MSFT), Meta Platforms (META), Amazon (AMZN), and Apple (AAPL) this week. Check out my analysis on all four using the Earnings Hot Zone below!
Delta Airlines is struggling to recover from last week’s Crowdstrike outage, and I’m betting that this event will impact the stock for longer than most anticipate. I’m also loving the stock sale in the #Nasdaq. Microsoft, Meta, Amazon, and Apple earnings are coming next week and may provide me with more opportunities to buy. Additionally, … Read more
NVDA pulled back perfectly, and has a bevy of buy setups to go along with the pullback. Let’s look at three ways to trade this ticker in the options market, along with the technical setups. If you want to learn more, join me in the Simpler Trading Simpler Central Room HERE.