The last 5 weeks of trading have been intense. It seems almost like I’ve done a year’s worth of trading during that time, but ironically, I’ve only done a handful of trades — quite a change from trading upwards of 20 swing setups a week. Why the change…? Because I had to. “The secret of … Read more
Oil prices have recently dropped to under $20 per barrel– a price point the market has not seen since 2001. Naturally, some companies will not be able to make it through this as they need barrels to cost around $20-$30 more in order to be able to make ends meet. That’s why I’m picking companies … Read more
Countries all around the world are reacting to the Coronavirus by taking major precautions in order to help stop the spread of germs. Some are closing their boarders, others are shutting down schools, and most have some type of restriction when it comes to retailers keeping their doors open. With very strict rules on store … Read more
As this year continues on, I’m sure you’ve noticed a lot has changed in the world. The market’s volatility is at an all-time high and the moves (in both directions) have been historic. Due to this, the market’s heavily favoring traders who can be “in-the-know” and are armed with real-time information. For this reason, I … Read more
There is no doubt countless businesses have been suffering from the affects of the Coronavirus. Many have been forced to temporarily shut down and most of those still in operation have seen dramatically lower customer volume. Essentially, on the whole, most of our economy has been reeling from Covid-19. With that being said, there are … Read more
The market has a natural ebb and flow nature. We expect it to change, correct, and occasion even crash. It’s just how it works. However, this year has been unprecedented. Never before have we seen such high volatility in such a short amount of time. It is literally making history. Because of this, … Read more
The price action that we’ve seen in the stock market the last three weeks, is largely driven based on emotion — and at least initially, wasn’t driven on fundamentals. At this point, we’ve seen multiple limit down (and up) days, where the market has paused trading due to hitting circuit breakers, meant to curb extreme … Read more
In case you haven’t noticed, the market has been incredibly volatile for the last three weeks. On Friday the S&P closed up 8% on the day, after being down 9.5% on the previous day — the worst day in the stock market since the October 1987 crash on Black Monday. It was a pretty historical … Read more
Flights being slashed, events canceled, businesses quarantined, and the government’s trying to come up with measures to stop the slowing of the economy (like a potential stimulus and Fed rate cuts). But let’s look back… this damage began during the trade war. The Fed began slashing rates during the trade war, and ongoing back and … Read more
After an incredibly strong, bull run — the longest in history, that lasted 11 years, the S&P and Dow hit bear market territory. This fall from the sky was the quickest the market has ever gone from an all-time high to bear market territory. It has investors and traders everywhere asking, “What happened?!” I discussed … Read more