Like an old school Rocky movie, stocks get knocked down and then climb back up. That’s what happens when we’re in a news-driven market. For example, tweets like this one helped push the Dow down by 700 points yesterday. However, President Trump said that a deal with China could “absolutely happen” and that its current … Read more
President Trump made trading great again. His tweets last Sunday pushed the futures lower and brought volatility back into the market. The VIX, the market’s fear barometer, hit levels we haven’t seen since January. So far this year, stocks have been grinding higher…however, with this added volatility it gives us more options in terms of … Read more
Following Sunday afternoon’s tweet from POTUS, the markets across the world opened on Monday to a horde of panicked investors. At times when the volatility index (VIX) spikes up, I am reminded of the first line of Kipling’s poem: “If you can keep your head when all about you are losing theirs…” – Rudyard Kipling … Read more
Stocks are off to a slow start ahead of what’s expected to be a busy week of earnings and economic data. However, instead of focusing on “mainstream stocks” I’m looking for under the radar gems. The type of stocks that can shoot up 20% or more in a matter of days if the right catalyst … Read more
Stocks are mixed today after Dow component 3M disappointed Wall Street with its latest quarterly earnings release. However, large-cap tech stocks like Facebook and Microsoft are helping the Nasdaq out. Now, if you know anything about me, I stay in my lane… I focus on penny stocks that have the potential to move 15-20% (or … Read more
Stocks are trading pretty flat today, ahead of another busy earnings release date after the close. Stocks reporting their quarterly results include Facebook, Visa, Tesla, PayPal, and others. However, I could care less about trading these stocks… They are dead money in my eyes. Wall Street firms hire teams of analysts to cover large-cap stocks … Read more
Stocks have been trading in a pretty tight range this week, which is actually a good thing for us. Why? Because the type of trades we focus on are penny stocks that have catalysts. If the rest of the market gets dull, traders who typically trade mid and large caps will start jumping into small-caps … Read more
Stocks are experiencing some volatility today, as the S&P 500 is in jeopardy of snapping its 7-day winning streak. However, my focus is on penny stocks today… this morning I was looking at: WTR, PHUN, and FRED for possible swing trade setups. On these type of trades I’m hoping for them to return anywhere between … Read more
Stocks closed the week near all-time highs on Friday, as some analysts are now calling this a goldilocks economy. Without knowing you personally, I’d guess your trading is either flat, profitable or losing money… Some of you might be thinking… I missed this entire move up (FOMO), and have probably lost my chances of making … Read more
Stocks are off to a good start this morning, as all major indices are pointing higher. However, this is what some traders would call a “dull market”. After all, the VIX, the market’s fear index is now below 13 (it was 36 last December)… But you know what? This is actually great for us. Why? … Read more