Hey 5-Star Trader, today I joined “TraderTV Live” to discuss my options ideas on Tesla (TSLA) as well as my thoughts on the recent news from Elon. I also cover what I’m looking for in FedEx (FDX) and Snowflake (SNOW), and my thoughts on the overall market. Check the segment out HERE.
The Summertime Lull Typically, June trade can be a little quiet and slow. We wrap up a seasonally weak May, along with earnings season, and then enter into summertime season where traders take vacations, kids are out of school and volatility can slow down. This year, it has played out a bit differently as we … Read more
Hey 5-Star Trader, I joined @KellyCNBC during CNBC’s “The Exchange” to discuss potential opportunities to short Kb Home (KBH) and Darden Restaurants (DRI) during their earnings. Check the segment out HERE.
Well, another 3-day weekend has come and gone, and the indexes opened up Tuesday morning with a bang. I have to say I am a little surprised, just because historically, especially in this market environment, sentiment over long weekends has been weak which has meant for weak opens. With the bitcoin rout this weekend, and … Read more
Inflation, the Fed, and More New Lows in the Indexes Yesterday, after yet another shocking CPI number last Friday, the Federal Reserve made a historic decision to raise interest rates by 75 bps. In the time frame between when the CPI data came out last Friday morning, and when the Federal Reserve announced their June … Read more
Hey 5-Star Trader, today I joined “TraderTV Live” to discuss the Fed rally, my thoughts on Teladoc (TDOC), and Post Fed Options Wrap-up. Check the segment out HERE.
Hey 5-Star Trader, I joined CNBC’s “The Exchange” to discuss why I think the NASDAQ will hit previous 2020 levels and which names I’m looking to short/trade during this sell-off. Check the segment out HERE.
Hey traders! Monday was a key and pivotal day in the stock market for a variety of reasons. We experienced: The S&P officially closing in bear market territory New 2022 lows in the S&P, Nasdaq, & the Dow Tesla (TSLA) fell by -7.01% in the first cash session after announcing their next 3:1 split Microsoft … Read more
Don’t Short a Quiet Market? The quiet we have seen in the market over the course of the past week has come across as incredibly out of character for 2022. The VIX has finally fallen below 25, which, by the way, is the first time it’s seen a level that low since April 22nd, 2022. … Read more
Hey Traders! Well, the day finally arrived. Amazon (AMZN) split its stock price, by 20:1. for a long time, it seemed as though a split was never going to happen. One of the primary reasons for this was because Jeff Bezos was at the helm, and he famously rejected the idea of a stock … Read more