Hey 5-Star Trader, Today I joined CNBC’s “Exchange” to discuss Disney (DIS) and its earnings report. Overall, I do not like how much consumers are willing to spend at the moment, so ultimately I am still bearish. Check out the full segment HERE!
Hey 5-Star Trader, The image below sums up the reason why the current bear market in the Nasdaq could potentially be catastrophic. After a 13-year long bull market, especially on in which was filled with peak exuberance near the middle to end of 2021, this chart demonstrates why there is the potential for this market … Read more
Hey 5-Star Trader, Last Friday I joined CNBC to discuss how the Nasdaq market-leading stocks would determine the direction and they have led the way lower, here is the full breakdown or something The image below sums up the reason why the current bear market in the Nasdaq could potentially be catastrophic. After a 13-year … Read more
Hey 5-Star Trader, I joined “TraderTV Live” to discuss my take on potential setups on the “Covid Darlings” such as Teladoc(TDOC) and Roku(ROKU). I also talk about what I’m looking for in this upcoming Earnings Season, Scalping Options, and the FED Rally. Catch the segment HERE.
Hey 5-Star Trader, We’ve made it through the very highly anticipated FOMC meeting, and at this juncture, trading price action is all about the post-Fed reaction. There have been so many known quantities that have kept the market down, including: Worst inflation in 40 years The current war in Ukraine and potential additional aggression COVID … Read more
Hey 5-Star Trader, We’ve made it through a variety of landmines, including most large-cap technology leaders reporting earnings. I went into FAANG earnings week bearish, as I felt that the move lower in Tesla (TSLA) post-report was a bad omen for the rest of the market. My hypothesis was that there were so many macro … Read more
Hey 5-Star Trader, Today I joined CNBC’s exchange to discuss more earnings “misses” and where I’m looking for my next short. Check out the full segment HERE!
Hey 5-Star Trader, We are more than halfway through the landmines we talked about on Tuesday, but the VIX is above 30, the indexes are still clinging to their yearly lows, and buying in masse has remained unseen. Of course, we could always get a short squeeze due to the high put/call ratio, but those … Read more
Hey 5-Star Trader, Today I joined CNBC’s exchange to discuss Facebook (FB) and its earnings report. Overall, I remain short on Facebook and fear that they are not as innovative as they once were. Check out the full segment HERE!
Hey 5-Star Trader, Technology earnings week, otherwise known as FAANG earnings week (Facebook, Apple, Amazon, Netflix and Google), is historically one of the most volatile weeks of the year. Even in nice, bullish, trending market environments like we once knew and loved, this week could easily send shockwaves throughout the market, ripping it from one … Read more