The two main questions that are concerns traders now are: Will the U.S. reach a trade deal with China (and will it happen at the G-20 summit)? Is the Fed really going to cut interest rates like the market is predicting it will? Now, we could get answers to these questions by the end of … Read more
Stocks have given up their early morning gains, as it appears that the market is running out of steam. However, that should be expected, given the rally the market saw the last week. That said, I believe that the upcoming G-20 meeting (trade talks), and the FOMC announcement (interest rate decision), are going to keep … Read more
Stocks are up this afternoon, as they look to close out strong, and post some of the best weekly gains we’ve seen all year. The catalyst: bad news. The jobs numbers were awful this morning… which helps the case for the Federal Reserve Bank cutting interest rates this year. As of now, the market is predicting … Read more
The stock market is looking to close green for a third straight session. However, it still remains a traders market. Stocks are still jumpy… and still reacting to trade news. That said, whenever market conditions change, you need to look at your inventory and see what’s still working and what has stopped. You see, not … Read more
Stocks opened mixed this morning… which is somewhat surprising considering how much bad news came out over the weekend regarding trade talks and fears of a global economic slowdown. It feels like the market is setting up for another leg down. However, it’s a great time to stay patient because many stocks are whipping around … Read more
Stocks got kicked around yesterday as fears of a trade war escalate. China recently came out and said that it will put soybean purchases on hold for now. And there were rumors yesterday that it might cut off supplies of rare earths- which are essential for smartphones, EVs, and other electronic devices. However, despite the … Read more
I consider myself a market junkie…someone who is curious and eager to learn new ways to beat the market. However, I’m currently on vacation and I’m not really following stocks that much this week. It doesn’t look like I’ve missed much though, markets still appear to be focused on trade talks and price action has … 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
Stocks are looking to close the week on a 4-day winning streak. I wrote this to you five days ago: “Remember, selloffs could create some buying opportunities. Whether you like it or not, chances are the stocks you’re watching will be affected by market selloffs. For example, when the market is down over 2% like it was … Read more
Trade war headlines have been the main catalysts for the volatility this week. Now, the POTUS softened his tone yesterday, causing the market to recover some of its losses from Monday. However, trade talks will be still a main catalyst, as the POTUS has until midnight Friday to decide whether the U.S. should impose car … Read more