Stocks are looking at a modest open this morning after a brutal sell-off in large-cap tech stocks on Monday… Tech giants like Amazon (-4.6%), Alphabet (-6.1%) and Facebook (-7.5%) all took a hit after it was reported that the government might be looking into these companies, their business practices, and if they’re in any violation … Read more
Despite a short trading week (4 days), there was plenty of damage done to stocks by Friday’s close. That said, the S&P 500 posted its first monthly loss of the year, and the Dow Industrial’s has now declined for six straight weeks. We went from having fears of a trade war into being in one. … Read more
Stocks are under pressure today… But this isn’t one of those buy the dip moments… You see, last night, the Death Line in the S&P 500 was breached… a sign that bears may have taken control for good. Now, markets consist of both buyers and sellers. When stocks get bid up, we say that the buyers are … Read more
The markets are closed today in observance of Memorial Day. However, it should be an exciting start to the trading week tomorrow. Now, one thing I notice after a 3-day break like the one we just had… is that some traders sometimes come in too relaxed and not focused on enough risk management… … or they get too … Read more
Don’t look now… but almost 1 out of 3 S&P 500 stocks are in bear market territory. These stocks are 20% or more off their 52-week highs. (Note: If you haven’t watched my video series on cashing in on crashing stocks then watch this). As the U.S.-China trade war heats up… I’m chomping at the bit to trade … Read more
When it comes to the money game… there is no one bigger than the Federal Reserve Bank. After all, it manages the nation’s money supply. The Reserve Banks serve the U.S. Treasury… and are often referred to as a “bankers’ bank” Now, the Federal Open Market Committee meets only eight times a year to discuss the … 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
I find most of my success trading options by swing trading them. I typically rely on my money pattern for clues on which stocks to place bearish or bullish bets on with options. Nathan Bear, my partner in WMM, has a slightly different approach to trading options… but boy is he good at trading them too… Heck, … Read more
Stocks closed the week in the red, as all major stock indices closed lower. Small cap stocks were hurt the worst, as the Russell 2000 index fell by 2.4% U.S. and China trade talk headlines is what is moving stocks. That said, if you’re looking for an indication on how stock futures will open tomorrow, … Read more
Stocks lost over $1 trillion worth of wealth yesterday. Ouch… Now, if you read my article over the weekend, I laid out this piece of advice for you: “You see, stocks are reacting to headlines which means you have to be nimble and take your profits fast because sentiment and trend can change quickly.” On Friday … Read more