What about the Canary? Remember in the last episode, where we discussed the short squeeze I was waiting for, along with three potential, macro, bullish catalysts? Those three catalysts being: 1) a resolution of the trade war with China without further escalation, 2) threats against Mexico not coming to fruition, and 3) a rate cut … Read more
Investing in Phoenix Stocks Despite Trade Turbulence The stock market has been volatile, particularly with constant threats of additional tariffs in the on-going trade war. However, there are many areas of the market that in all reality, aren’t being impacted by the trade war. While they may (initially) sell-off on bad news that causes … Read more
Let’s Discuss Powell, China, and the Short Squeeze Cheddar TV – June 5th, 2019 As the stock market opened higher, our key focus was on Powell’s commentary, the on-going trade war and the stock market. After trading lower throughout May, it started June with a bang. Why did this happen, and where are the opportunities … Read more
A tariff macro-theme update. New York City is awesome! While I’m jam-packed with media appearances in the Big Apple, this market is too interesting to not talk about… even from a cab stopped in Time Square traffic. Overall, I’ve viewed the indexes as oversold over the course of the past week, with the market pricing … Read more
Must come down… In my trading, I typically focus on the hot flying stocks and sectors that are outperforming the market and moving with exponential gains. Why? Because in the options market, identifying greater than expected moves is how we make our money. The problem with that, however, is recognizing that sometimes, what goes up, … Read more
The President’s inclusion of Mexico into the trade war, especially on a scaling up basis, will have a wide breath impact across the United States, including consumers and businesses. This, on top of the escalation in the trade war with China (which may end up including tariffs on retail items such as clothing and shoes) … Read more
& the other potential results of these continued tariff threats on the stock market. The news this week has taken quite the global turn, as President Trump adds tariffs to Mexico, threatens Japan, and adds more industry groups to the escalation in the trade war with China. I’ve maintained a cautiously bullish stance through the … Read more
& the weakening of the Indexes Last week, we discussed the changing market conditions, as the market began to make a steeper pullback than what it’s done previously, throughout 2019. We also discussed potential buys, only once the market bottoms out, and buyers begin coming in. We also talked about the potential break of key … Read more
For today’s letter, I wanted to do something a bit different and talk about the final result of my stock picking process. Now, you’ve heard a lot about specific picks I make, along with the tools and strategies I use. But, today I wanted to give you my watchlist. A watchlist is critical to have, … Read more
Like adapting to the weather… They always say, “Sell in May, and go away.” We hear phrases and sayings like this frequently. While we never know if they’ll come through, they’re good to keep in the back of your mind. Why? Because, to some extent, they can be a self-fulfilling prophecy. “Uh oh…it’s May! Sell … Read more