The market may have bounced back from the recent sell-off, but trader Kenny Polcari isn’t confident the upward trend will last. U.S. stocks notched a 5-day win streak on Thursday after suffering a massive sell-off last week. “The speed at which we broke through every one of those technical levels … my sense is it’s … Read more
Want to know about an investment that can bring in an instant weekly income, even if the market crashes? My friend A.J. Brown has been doing just that since 1997. I’ve roped him into explaining to you what he does. In fact, in 2003, my friend A.J. picked a group of inner city high school … Read more
FREE DOWNLOAD JOHN CARTER’S EBOOK “UNDERSTANDING OPTIONS” There is a saying in the oil business that most of the best deals are the ones that didn’t go through. That’s what happened to me today on this trade. John Carter’s father was a Morgan Stanley stock broker. One day during high school, John came home from … Read more
FREE DOWNLOAD JOHN CARTER’S EBOOK “UNDERSTANDING OPTIONS” In this video, I share how to gauge the “new normal” and why today’s opening range action points to the foreseeable future being very good to daytraders. Raghee Horner started trading at 17 while still in high school. She continued her pursuit of trading through college until going … Read more
Stocks finished higher for the 5th day in a row. Although we still have a ways to go until we get back to 2018 highs (the S&P is up 2.2% for the year but 4.9% below January’s high), it’s starting to “feel” like the Bulls are regaining some control. The major indices were green heading into the open … Read more
Get Don Kaufman’s FREE eBook: The Rebel’s Guide to Options Trading Stocks continue to rally up after the abrupt sell off. In tonight’s video we look at the probability of this being a V bottom vs setting up for another move lower. Don’t trade tomorrow without watching this video!
[Ed.note: John Thomas, The Mad Hedge Fund Trader is one of today’s most successful Hedge Fund Managers and a 40 year veteran of the financial markets. He has one of the best performing newsletters and has just launched a new investment service for Investors and Traders – Mad Hedge Technology Letter.] I found a new … Read more
FREE DOWNLOAD JOHN CARTER’S EBOOK “UNDERSTANDING OPTIONS” On the 15-minute chart, this entry on NVDA looks horrible, but not when you put it in this context. John Carter’s father was a Morgan Stanley stock broker. One day during high school, John came home from the mall where he was working at a store making cookies. … Read more
Markets went crazy when CPI was released at 8:30am ET this morning. The 0.5% CPI increase (vs. a 0.3% forecast) and 0.3% Core CPI increase (vs. a 0.2% forecast) sent futures all over the place. With the increase, traders are worried about inflation all of the sudden (something they haven’t had to worry about for a while). Looking at … Read more
U.S. markets traded higher despite worry over inflation fears and weaker-than-expected economic news to extend its winning streak to 4-straight sessions. The continued follow through remains a bullish signal as the 50-day moving averages for the major indexes are back in play. The Nasdaq showed the strongest gains after zooming 1.9% and trading to an intraday … Read more