Yesterday, I joined CNBC’s “The Exchange” to discuss some potential trade setups. INTC is interesting if it can get above $56. Avoid T as there are too many bag holders. If BYND can break prior highs, I’m interested in a short squeeze. Check out the segment HERE.
Hey 5-Star Trader, Happy New Year! Examining past trades is very important to every trader. It is how we learn from our mistakes. However, moving on from them is very important too! That is why this is the last week I will be reviewing my 2021 trades. Let’s hop right in so we can prepare … Read more
Hey 5-Star Trader, Just like that, 2021 is a wrap! I don’t know about you, but this time of year always has me sitting back and reflecting on all the things I’ve done. To put it simply, 2021 has been both a fulfilling and challenging year. This is the second year that has been affected … Read more
Hey 5-Star Trader, For this week’s deep-dive, I wanted to highlight my hedge in the S&P 500 (SPY)**. Hedging is not normally something I do, but I consulted my Trendstrength Turbo Candles (pictured above). They effectively communicated to me (through their red coloration) that the indexes were below resistance. That, in combination with earnings reports … Read more
Hey 5-Star Trader, Merry Christmas and Happy Holidays! No matter what holidays you celebrate, for me, the end of the year is a time to celebrate, spend time with family and friends, and enjoy the little things in life. Of course, this is generally coupled with some introspective thought, plans, and dreams for the coming … Read more
Hey 5-Star Trader, Each Tuesday I provide a glimpse into my trading journal by providing you with real examples. The whole point of this exercise is to reflect on concepts and analyze what is working and what is not. As we head into the final part of the year, I’m taking all those examples and … Read more
Hey 5-Star Trader, Once per year, the Nasdaq (NQ) adds 100 new stocks to its index in what is called the “Nasdaq 100 Rebalance.” This year, it is happening on Dec. 20. Among the new names that will be joining the Nasdaq include Palo Alto Networks (PANW), Airbnb (ABNB), Fortinet (FTNT), Lucid Group (LCID), Zscaler … Read more
Yesterday I joined CNBC’s “The Exchange” to discuss AAPL, HOG, DDOG & more. I’m bullish AAPL but not buying right now. It’s breaking the low of the high bar and needs to take a breath after this run. I’m bearish HOG: EV motorcycles won’t convince Gen Z they are cool. Check out the full segment … Read more
Hey 5-Star Trader, Typically on Tuesdays I write a “Tuesday Trade Example” and show you the ins and outs of setups I have recently taken. However, as we near closing out the end of the year, I’ve seen some atypical behavior brewing in the market. For that reason, I think it is more important to … Read more
Hey 5-Star Trader, Large-cap stocks can be categorized as any company whose market capitalizations are $10 billion or above. Earlier this week, I tweeted that Microsoft was sitting right on the daily 50 simple moving average (SMA). But why is this important? Often a large-cap’s individual health can provide clues to the overall market sentiment. … Read more