I wanted to give you a heads up on a setup on one of my favorite tickers — Adobe. Now that the earnings report is complete — and the stock experienced a pullback, within the expected move — I can look at it for a swing trade. Adobe is one of my favorite stocks to … Read more
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
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
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
Let’s take a look at how this earnings season has altered the market, forever. I feel like I’m beating the same drum these past few weeks… but when every major company is reporting earnings, and we haven’t seen a market like this since the 2008 recession (possibly earlier), there’s a lot to discuss. So for … Read more
I joined Bart Chilton on RT America’s show, ‘Boom Bust’ earlier today to discuss the potential results from America’s talks with China, along with what it means for the market. Check it out… First off are there any winners in the Trade War? Throughout this trade war, I think it’s safe to say that no … Read more
After both Powell’s comments last week, as well as the Trump truce with China at the G20 Summit over the weekend, the market was ever so close to breaking through one of the last areas of key resistance in the S&P futures at 2815. Yesterday, we saw a high volume gap up on news – … Read more
Black Friday is currently underway, and shoppers are ‘hard’ at work… I say that jokingly, as the Black Friday of 2018 is much different than the Black Friday 10 years ago when shoppers had to line up at 4am and fight massive crowds and insanity to get a select number of deals. I mean over … Read more