The Monday Kickoff

Hey Traders!

It’s only Tuesday, yet so much has already occurred in the market.

Bank news rattled the markets last week and continued rattling them over the weekend.

CPI data hit this morning, and it was in line with expectations. I view that as a positive because anything other than an inline reading could have been disastrous for the market after last week’s bank stress.

The Fed has another policy meeting next week, and now, in addition to inflation, they have bank stress to worry about.

There are so many macro forces influencing price right now, which means that the big picture needs attention now more than ever!

I stopped by TraderTV Live on Monday for my usual Monday segment to discuss. Check out the segment to learn more below! I even had a special guest visitor.


I’ll also point out that the put/call ratio is still extremely extended. This means that a short squeeze could occur at any moment.

What are you watching this week? Let us know in the comments below the video!

Good trading,


Up Next...

A Sorely Needed Pullback…

Hey traders! The market is finally pulling back today after what has been a phenomenal run. While pullback days aren’t very enjoyable when you’re long, ideally, you’ve been taking profits on the way up and trimming positions at market extensions. As I was on vacation, I have been flat, minus a small position I entered … Read more

Read More

Top Hot Zone Tickers Today…

Hey Traders! I’m back from vacation and ready to locate some setups. Whenever I come back from a break, I have a regular process I do to identify spots to focus on. It goes something like this… Start with the major indexes (Nasdaq, S&P) and the Magnificent 7 stocks (Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta, … Read more

Read More

Happy 4th of July!

I hope everyone is enjoying their summer so far and looking forward to the shortened week! If you’re here in the United States, I hope your holiday is safe and enjoyable. I will personally be taking some time off this week to spend time with family and enjoy the holidays. I love cooking with my … Read more

Read More

Subscribe Today!

Want my up-to-date analysis, setups, top trading tips, and more? Be a Five Star trader, and join my free newsletter today!

Sign Up Now