U.S. stock index futures were marginally higher on Wednesday morning, as investors wait to hear from Federal Reserve Chairman Jerome Powell. Around 6 a.m. ET, Dow futures indicated a positive open of nearly 20 points. Futures on the S&P and Nasdaq were both slightly higher, too. There’s a special focus on the outcome of the … Read more
Stocks rallied 1.0%+ ahead of tomorrow’s Fed Statement. Usually, stocks are quiet ahead of a Fed policy decision (like yesterday). But positive trade comments, combined with the belief that the Fed is ready to cut rates this year, helped drive the major indices higher. This morning President Trump helped fuel a rally after tweeting that … Read more
We’re just one day away from an all-important FOMC meeting interest rate decision… … the two-day meeting begins today. It’s expected that after the announcement the Fed Chairman, Jerome Powell, will host a press conference. All eyes and ears are on the language the Fed will be using at this meeting. As of now, the … Read more
One of the reasons I’ve been able to score more than $2M in career trading profits has been my disciplined approach to trading. It starts the night before with my watchlist that I send out to clients every night. My watchlist consists of stocks that are “technically setting up” for a move higher. I’m looking for repeatable … Read more
Pocket Change Millionaire Summit Review – Teeka Tiwari’s FREE CBD Event Today, millions of investors across the world are making the same mistake. And I hope you aren’t one of them… You see, many people are hungry to get a foothold in the emerging recreational cannabis market. But they’re not sure what to look for. … Read more
Stocks kicked off the week with a small win today. This morning the major indices opened slightly higher, then rallied. After the positive start, trading was sideways from late morning until late afternoon. Then 30 minutes before the close stocks pulled back, giving up some of the day’s earlier gains. In the end, the S&P … Read more
In 2019, you can’t pick up a newspaper without reading about the massive growth in cannabis stocks… For instance, if you’d invested $1,000 each in the following three cannabis stocks in 2016, your return by May 2019 would’ve been: Aurora Cannabis: $19,780, a 1,878% return Canopy Growth: $20,540, a 1,954% return Cronos Group: $64,567, a … Read more
Will the trade war lead to a global economic slowdown? Or will the Federal Reserve Bank accommodate the markets and keep this bull run going? Unfortunately for me, my crystal ball is broken. Luckily though, I don’t need it to make money in this market. You see, with options trading, you can easily switch from … Read more
If you’re like me, and stock trading is a passion of yours, then you’ll never stop trying to learn, develop, and try to improve your skills as a trader. Heck, last year I took so many bad beats trading options I (more or less) swore them off. However, it wasn’t the options market that sucked… … Read more
Stocks moved sideways in an uneventful week of trading… that is unless you were trading IPOs… which were red-hot thanks to debuts from Chewy, Fiverr, and Crowdstrike. I’ll be looking forward to trading these stocks when options get issued on them in the coming weeks. That said, I’m really focusing in on the upcoming FOMC … Read more