In the last edition, we discussed strategies to use to prepare for market pullbacks. Market pullbacks are just part of our reality as traders. For me, like I noted, I tend to stick with a swing trading approach and hold through a minor reversion to the mean. Typically, especially on a news related drop like … Read more
I was able to join Judy Hoberman on her podcast “Selling In A Skirt.” A podcast that’s near and dear to my heart as it’s put on by The Women 4 Women Network, and it’s focused on women in business both inside and outside of the home. I took the opportunity to join her for … Read more
On April 25th, in my Wrong in the Best Way episode, we talked about using Fibonacci extensions to determine when a market is too extended to the upside and needs to take a breath. While in this instance, the extended state of the market went on for seemingly forever, it’s still critical to know the … Read more
On Friday, I was able to close out a butterfly for over 1200% profit. I bought it for $1.34 per contract, and sold it for $16.30. This is the type of lotto ticket type trade in which all of my experience and analysis came together, for the perfect trade. Whenever that happens, it’s critical to … Read more
Seattle As I prepare to head back to Seattle this summer, and speak at the MoneyShow Seattle, I reflect back on all that has happened in my trading career since I first made the move to Austin and took this position, teaching my craft. It’s been a bit of a whirlwind, but I know how … Read more
Last week, I wrote to you about FAANG earnings, and I noted the volatility that this week in earnings season can cause. Now, at the end of the day, I always think it’s better to be overly cautious rather than overextended. The consequences of the latter are much worse. However, in this instance, I feel … Read more
Last week when we last spoke, I focused on the importance of acknowledging earnings season, and the volatility it tends to cause. I crossed my fingers and hoped for a market pullback on Monday and Tuesday this week, however, Mr. Market doesn’t always give me what I want… And the market continued stair-stepping higher. The … Read more
They say in trading you shouldn’t be emotional — and they’re right. However, there’s something about when you get a good zinger that makes it hard to forget. There’s such a balance between: ‘don’t be emotional’ and ‘learn from your mistakes.’ Why am I talking about this today? Well, next week is FAANG earnings. Last … Read more
The First in FAANG — Netflix Earnings Netflix reports earnings today after the bell, and the announcement today will be critical for a variety of reasons. Let me take the time to explain why (p.s. read this before market close, if you can)… First of all, it’s the first to report in the FAANG group: … Read more
Here’s what’s been happening, here’s what I’ve been looking at, and here’s how you can trade it… When we last spoke, the S&P’s were stuck below the key level of resistance at 2900. Well, we got the catalyst we were looking for… bank earnings. So why am I highlighting this, and why should you care? … Read more