Hey 5-Star Trader, Elon Musk recently made big news in furthering his lead of being the wealthiest person on the planet. Though Musk is involved in a variety of different projects, certainly Tesla (TSLA) has been a huge attributing factor to his success. Tesla has been a huge part of my life as well. After … Read more
Hey 5-Star Trader, Every savvy trader wants to buy a contract at a discount whenever possible. While the pandemic certainly forced many tickers to be on clearance, I don’t think all these opportunities were made equal. The travel sector came to a complete halt at the peak of Covid-19, which included the cruise liner industry. … Read more
Hey 5-Star Trader, “Tuesday Trade” Journal: One of the most important concepts in trading is to review your work, and learn from the good and the bad. Identifying what is working is critical — to do more of it. So, to lead by example, each Tuesday, you’ll get a trade from my trading journal, in … Read more
Hey 5-Star Trader, September left us with a lot of baggage and the first half of October was spent trying to claw our way out of the “pinball zone.” What is the “pinball zone?” I like to use the term “pinball zone” when a market is stuck in chop. This behavior occurs when a trend … Read more
Hey 5-Star Trader, “Tuesday Trade” Journal: One of the most important concepts in trading is to review your work, and learn from the good and the bad. Identifying what is working is critical — to do more of it. So, to lead by example, each Tuesday, you’ll get a trade from my trading journal, in … Read more
Hey 5-Star Trader, Earnings season is right around the corner and usually this is one of my favorite trading times of the year. However, as outlined in last week’s newsletter* there are a few outstanding factors that are making me a little nervous going into this quarter. *Recap: In case you missed last week’s newsletter, … Read more
Hey 5-Star Trader, “Tuesday Trade” Journal: One of the most important concepts in trading is to review your work, and learn from the good and the bad. Identifying what is working is critical — to do more of it. So, to lead by example, each Tuesday, you’ll get a trade from my trading journal, in … Read more
Hey 5-Star Trader, Similar to the majority of September, October market sentiment has looked weak so far. We opened the week with choppy conditions and saw some major moves to the downside. I believe there are several compounding factors that are contributing to this behavior. Covid-19 has changed a lot about the world and it … Read more
Hey 5-Star Trader, “Tuesday Trade” Journal: One of the most important concepts in trading is to review your work, and learn from the good and the bad. Identifying what is working is critical — to do more of it. So, to lead by example, each Tuesday, you’ll get a trade from my trading journal, in … Read more
Hey 5-Star Trader, Ticker’s prices fluctuate daily and it’s not uncommon for some to experience extreme action to the downside. However, of those tickers, a select few end up rallying and making incredible rebounds. It should be every trader’s goal to identify stocks of these moves before they happen so they can capitalize on the … Read more