QQQ Entry But No Exit?

Hey 5-Star Trader, “Tuesday Trade” Journal: One of the most important concepts in trading is to review your work, and learn from the good and the bad. Identifying what is working is critical — to do more of it. So, to lead by example, each Tuesday, you’ll get a trade from my trading journal, in … Read more

Cautious Market Conditions

Hey 5-Star Trader, Last month the Federal Open Market Committee (FOMC) held one of their scheduled meetings and yesterday their minutes were finally released. In a typical fashion, such news always has an implication on the market. So what do we do now? Typically, directly after their meeting, I expect the market to experience back-and-forth … Read more

UHN Looks Good, Then Gaps Down

Hey 5-Star Trader, “Tuesday Trade” Journal: One of the most important concepts in trading is to review your work, and learn from the good and the bad. Identifying what is working is critical — to do more of it. So, to lead by example, each Tuesday, you’ll get a trade from my trading journal, in … Read more

Assigned… What Now?

Hey 5-Star Trader, One of the reasons I fell in love with options was because, unlike stocks, you can use leverage and risk less money for a larger payout. However, when buying options there is always a chance you will be assigned. While this rarely happens to me, I was recently assigned Campbell’s Soup (CPB) … Read more

Where Did The Momentum Days Go?

Hey 5-Star Trader, Congratulations! We have officially made it through the “Sell in May and go away” but it doesn’t appear that we are out of the woods yet. Lately, I’ve seen the indexes are running out of a catalyst to move in either direction. As a result, we are seeing consolidation all over the … Read more

Why Buy Options On Wednesdays?

Hey 5-Star Trader, “Tuesday Trade” Journal: One of the most important concepts in trading is to review your work, and learn from the good and the bad. Identifying what is working is critical — to do more of it. So, to lead by example, each Tuesday, you’ll get a trade from my trading journal, in … Read more

Double-Up On John Deere

Hey 5-Star Trader, “Tuesday Trade” Journal: One of the most important concepts in trading is to review your work, and learn from the good and the bad. Identifying what is working is critical — to do more of it. So, to lead by example, each Tuesday, you’ll get a trade from my trading journal, in … Read more

Retail Sentiment Looking Positive…

Hey 5-Star Trader, We’ve seen an explosion of interest in the retail sector as restrictions ease up across the land. It seems like everyone is excited to get back to the way things once were ― including me! Overall, I love the way the retail sector is setting up for us. The retail exchange traded … Read more

Perfect Storm For Footlocker

“Tuesday Trade” Journal: One of the most important concepts in trading is to review your work, and learn from the good and the bad. Identifying what is working is critical — to do more of it. So, to lead by example, each Tuesday, you’ll get a trade from my trading journal, in which I explain … Read more