During choppy markets like the one we’re experiencing now, trading can be tough. After all, stocks are experiencing a ton of back and forth action after each news headline pertaining to trade talks hits the wire. For some traders, the goal is to be at break-even and not lose too much during this tough stretch. … Read more
Target shares soared Wednesday after the retailer reported earnings and sales for its fiscal first quarter that topped analysts’ expectations, as it brought more people to its stores and convinced them to spend more money there. Target’s e-commerce sales also surged 42%, as shoppers increasingly turned to its curbside pickup service for online orders, something … Read more
U.S. stock index futures were little changed Wednesday morning, as market participants continue to monitor an intensifying trade war between the world’s two largest economies. At around 5:35 a.m. ET, Dow futures indicated a positive open of less than 10 points. Futures on the S&P and Nasdaq were both also flat. Market focus is largely … Read more
Stocks bounced back from yesterday’s drop. And with today’s move, the S&P and DOW are now positive for the week. The Trump administration and Chinese telecom company Huawei were in the spotlight again today. But this time the news was positive. Yesterday traders were worried when U.S. companies announced that they will stop business with … Read more
FREE DOWNLOAD – The Rebel’s Guide to Trading Options – How to Protect & Profit in any Market Free TheoVideo Report – for Tuesday, May 21, 2019 by Corey Rosenbloom With markets consolidating ahead of a future breakout yet to come, Corey walks you through the key set-ups and levels in play and what targets … Read more
One question I’d like to address that I often receive is: Can I use options to trade for biotech breakouts? Technical Answer: Yes My Answer: Maybe Read on to find out why it sometimes doesn’t make sense to use options for biotech breakouts, as well as, when it’s the absolute best time to buy options … Read more
When it comes to trying to make money in the stock market, I don’t mess around. For example, It’s not uncommon to casually throw on options positions that have several hundred contracts. However, I’m not gambling here… I’m waiting for my money pattern to show up before getting on the offensive… And the results have … Read more
Stocks are about to enter a very volatile period. But believe it or not, it isn’t a bad thing for us. For example, nearly most of my trades are uncorrelated to the market. What does that mean? The market could be down… and my stocks could be up. For example, stocks were weak on Friday … Read more
Alphabet Inc’s Google said Tuesday that it plans to work with China’s Huawei over the next 90 days, shortly after the U.S. temporarily eased some trade restrictions on the world’s second-largest smartphone maker. The move marks a sudden and dramatic turnabout for the U.S. tech conglomerate. On Sunday, Google said it would cut ties with … Read more
Morgan Stanley cut its bear (worst-case) forecast on Tesla’s stock from $97 to just $10 on Tuesday, citing concerns about the company’s increased debt load and geopolitical exposure. In particular, Morgan Stanley analysts said the reduction was driven by concerns around Chinese demand for Tesla products. “Our revised bear case assumes Tesla misses our current … Read more