U.S. stock futures were slightly higher on Wednesday, following a parliamentary defeat for British Prime Minister Theresa May’s Brexit deal. Dow futures were 76 points higher as of 2:12 a.m. ET, indicating a 26 point rise at the open, while S&P 500 and Nasdaq futures were also higher. Traders were digesting news that the U.K. … Read more
The major indices began the day slightly higher after China pledged more fiscal stimulus to stabilize their slowing economy. The rally continued in early trading but right around 10:00am stocks pulled back. Trading was sideways until a lunch rally pushed the major indices to session highs. Then around 2pm ET, the major indices pulled back … Read more
While stocks are enjoying a nice rally today after some decent earnings and positive news out of China… we were feasting before it was even lunchtime… banking on penny stocks of all things. I’m up about $80K in trading profits this year. But most importantly, many of my clients are starting to turn the corner … Read more
Yesterday, I locked up a lot of profits. The live-streaming account was up over $40,000 and I think it was my best trading day of the year so far. I am still short a lot of stocks right now with put options on them, but I am very cautious here. I am not making very big bets … Read more
An extra $100 billion in new sales is up for grabs on Amazon this year in 2019. Whether you’re just getting started on Amazon or already sell multiple millions of dollars per year, you need to attend this event. SellerCon 2019 by Amazing is June 21-23, 2019 in Las Vegas, Nevada. Thousands of top Amazon … Read more
We’re just two weeks into 2019 — and many people actually believe the sky is falling. Especially in the financial markets. Yes, we’re more than three weeks into a partial government shutdown in the U.S. Global economic growth projections have fallen as the trade war drags on. But I promise you, things are NOT as … Read more
U.S. stock futures pared most of their gains Tuesday following the release of weaker-than-expected earnings from banking titan J.P. Morgan Chase. Dow Jones Industrial Average and S&P 500 futures erased their gains and pointed to a slight decline, while Nasdaq 100 futures indicated a small rise at the open. J.P. Morgan Chase shares fell 2.1 … Read more
Stocks start the week of with a loss after a back and forth trading session. This morning the major indices opened lower after weak Chinese trade data (exports declined 4.4% year-over-year in December and imports decline 7.6%). Stocks continued to drop in the first 10 minutes of the day, then started to rally. The major … Read more
FREE DOWNLOAD – The Rebel’s Guide to Trading Options – How to Protect & Profit in any Market Is this the calm before the storm? Markets have seen volatile price action the last few months and then suddenly quiet right before earnings season. In this video we look at key earnings announcements and the kind … Read more
Two weeks of trading are in the books. So far, stocks are holding up well, as all major indices are positive in 2019. Led by the Russell 2000, which is up over 7% As for me, I’ve already knocked down two +100% winning trades… thanks to some Fed comments and my iPhone. And you know what? … Read more