Market Thoughts

Waiting on a Dip Buy in Microsoft (MSFT)

by

Hey traders! The Nasdaq is pulling back today, which, in my opinion, is a much-needed move. With the extended market, buying anything with an edge was nearly impossible. So, while pullback days aren’t as much fun as when the market is roaring (unless you’re short), I use them to identify opportunities. In this case, I’m … Read more

When a Ticker Makes Targets

by

Hey Traders! On Monday, I sent you a video about my short-term setup in Tesla, along with my $250 price target. You can check it out in the Tweet below… Since then, the squeezes I noted fired to the long side, and Tesla traded directly to my Fibonacci price target at the 1.272% extension level. … Read more

A Trade Setup in TSLA

by

Good morning, traders! The Nasdaq futures are choppy at 16,000 after making quite the run. So, what’s next? Looking for the next round of setups, of course! When tickers and indexes get sticky, squeezes will start to consolidate. Those squeezes generally occur on the lower time frames first. When those squeezes fire, they can either … Read more

Post-Earnings Momentum Trading

by

Retail Earnings Week This week, we have a slew of companies reporting earnings, including: Home Depot (HD) Target (TGT) Advanced Auto Parts (AAP) TJMaxx (TJX) Walmart (WMT) Macy’s (M) Ross (ROST) Gap (GPS) BJ’s (BJ) Regarding retail, there is a big difference between the heroes and the zeroes. Many losers are already in downtrends, have … Read more

Pre-Earnings Momentum Setups Right Now…

by

Hey traders! The Nasdaq is in the midst of a fantastic move off of the October lows. It’s broken through quite a bit of resistance, which means the likelihood of the move continuing is better than not. What is great about this move is that as the market has exploded higher the put/call ratio only … Read more

Disney: Earnings in Focus

by

Hey everyone! I hope you enjoyed the short squeeze last week. I was in Orlando speaking at the Money Show, our Simpler Summit event, and then taking a vacation with my kids and family. But now, I’m back and ready for action. This week, we have a lot of volatile tickers that will be reporting … Read more

Thank you! Here is your webinar replay…

by

Wow, we had a great turnout at the webinar last night! I am thrilled I could debut my Overnight Earnings strategy with all of you. I teach and speak about earnings regularly, but this is the first time I have put this information together in one place. If you missed it, click the image below … Read more