And where I’m focusing trade-wise. Remember last Friday when we talked? I called that while we initially saw a downside trigger in the transports, because the indexes hadn’t fully triggered, it was still just a slight pullback? Additionally, on Friday, Phoenix showed us how several key names (MSFT, AMZN, GOOGL) started rising after the pullbacks. … Read more
If we look at the data, this isn’t unexpected. Remember when I told you I was looking for signs of cracks in the bullish structure of the market, versus identifying a normal pullback? Well, I’m now seeing signs. You’ll want to read this (especially if you’re one of the many members who have reached out … Read more
As promised, here’s my follow-up from yesterday. What’s even better about actually taking the time to break down the technicals, and show you how I do what I do (so you can too)… is when the play I’ve been talking about continues to pan out well. You’ll see what I mean later. Remember yesterday I … Read more
as the S&P pauses at resistance. You may have noticed that the market has been a bit lackluster after the initial test of $2815 in the S&P. As a key area of resistance, in fact, one of the last major areas of resistance on the path to $3,000, it’s no surprise that the S&P is … Read more
ETSY Trade Idea and Chart Setup For my issue today, I decided to do something a little different — figured I’d wrap up the market week in a new way. So I went and made a video walking you step-by-step through my trade idea in ETSY. If you remember, I talked all about ETSY in … Read more
Time to Buy? With all the news speculation around GE’s movements, I joined ‘Boom Bust’ to discuss my take early this week. Will all this change make them a better company? What about GE for a potential buy? Are they going to be a market mover? Check out my whole section below: Personally, I think … Read more
The Case of ETSY Today’s issue is going to be similar to the case studies I’ve done in the past, but it’ll contain more of a macro view of the market. I’m going to provide you with an in-depth overview of how I identify, and then trade, an earnings move on a Five Star name. … Read more
With my recent Phoenix class winding down now, and all the awesome new members that have joined our “Five Star Trader” community, I had several people ask me about my trading journey as a whole. So for this issue, I want to get a little reflective. All about one of my first ‘aha’ moments as … Read more
Here’s where my focus lies with the trade deal on the line and another earnings week. Right now, we have a trade deal on the horizon — which, most likely will be another catalyst to move this market. Now, we don’t *know* what’ll happen, but I’m putting my money on a resolution. Neither President Trump … Read more
Myself included. Happy Friday traders! After my case study on Tuesday over how well Phoenix works, I had several people email in asking for me to give a specific example. So today, that’s what I’ll be doing. We’ll be looking at a specific case study involving my trade in TLT. I’ll also present to you … Read more