Don’t Short a Quiet Market? The quiet we have seen in the market over the course of the past week has come across as incredibly out of character for 2022. The VIX has finally fallen below 25, which, by the way, is the first time it’s seen a level that low since April 22nd, 2022. … Read more
Hey Traders! I’m so happy that so many of you were able to join me last evening for my webinar. Being able to connect with traders, and pass along what I’ve learned over the years is one of the most rewarding aspects of my role here at Simpler Trading! If you weren’t able to … Read more
Well, it finally happened – the infamous Bear Market rally decided to grace us with its presence. It usually occurs when sentiment gets so bleak, the put/call ratio gets so high, and it seems nothing can save that market that it will quickly shift higher, catching bears in its trap. In the stock market, especially … Read more
Hey 5-Star Trader, The end of May is around the corner, and with that in addition to the fact that the stock market has had the longest weekly losing streak since the 1930s, you’d think the indexes could at least find some footing. On one hand, it’s just so rare for the indexes to continue … Read more
Hey 5-Star Trader, This year, we’ve seen a significant amount of volatility, and at this juncture, most sectors and indexes remain in a bear market. However, over the course of the past two trading days, we have seen the indexes bounce, and key mega-cap stocks like Microsoft (MSFT) and Apple (AAPL) have begun moving higher. … Read more
Hey 5-Star Trader, Last Friday, the indexes ripped higher – giving bulls hope that it was finally time to ‘buy the dip.’ Let me first tell you that using the phrase ‘buy the dip’ in a bear market is incredibly dangerous, as, in all reality, this is not in any way shape, or form a … Read more
Hey 5-Star Trader, As a self-made trader, I understand firsthand the power of collaboration. Throughout the years, I’ve had the opportunity to learn from a great, John Carter, and was even asked to join his team of seasoned traders! For this week’s episode, I’m calling on another great, fellow Simpler Trading team member, Mary Ellen … Read more
Hey 5-Star Trader, Wow! It’s only Thursday, but it’s already been a very long week. This week, we had so many topics in focus, from my long list of earnings destruction candidates to the critical levels in market-leading stock I was eyeing, to the daily new lows for the year in the S&P and Nasdaq. … Read more
Hey 5-Star Trader, The image below sums up the reason why the current bear market in the Nasdaq could potentially be catastrophic. After a 13-year long bull market, especially on in which was filled with peak exuberance near the middle to end of 2021, this chart demonstrates why there is the potential for this market … Read more
Hey 5-Star Trader, We’ve made it through the very highly anticipated FOMC meeting, and at this juncture, trading price action is all about the post-Fed reaction. There have been so many known quantities that have kept the market down, including: Worst inflation in 40 years The current war in Ukraine and potential additional aggression COVID … Read more