There are plenty of reasons to be cautious as we head towards the finish line of 2020. Despite the uncertainty, prepare now to take advantage of a potentially strong year end rally. If you doubt we’ll see a nice rally, it’s understandable. After suffering through the worst quarter on record, the economy bounced back and…
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How to Use Momentum to Find Winning Trades – Webinar Recap Following momentum is the key to finding the biggest and best winners in the market. Because we are heading into a seasonally strong time of the trading year, I figured it’s the perfect time to cover this topic. Who doesn’t want to bank a…
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During this episode of “Off the Charts” on Mad Money, Jim Cramer dives into Bob Lang’s charts for 3 semiconductor names: LAM Research, KLA Corp and Applied Materials. By Tyler Clifford CNBC’s Jim Cramer on Tuesday presented three potential buying opportunities connected to the chipmaking industry. After reviewing chart analysis from a trusted technician, the…
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There are two schools of thought when it comes to technical analysis: Follow momentum, or try to time the markets. If you step back and look at each methodology in isolation, it is clear that momentum beats market timing when it comes to trading. My good friend and mentor, Dave Landry, is a self-proclaimed “trend…
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Uncertainty was plaguing the markets as we headed into the fall months. Between the pandemic and presidential election, worries over what’s next sent volatility sky-high. Last week, volatility crashed down. Volatility crashed down – here’s what that means For several weeks, I’ve been talking about the big premium in volatility that was priced into October…
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On the last day of October trading, I did some SPX 500 analysis. The daily and monthly charts have a lot to tell us about the short-term and long-term trends. Here’s what I found. SPX 500 analysis: daily chart is bearish With panic in the air, the daily chart is…
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The volatility index (VIX) measures fear, and right now it’s showing us that a lot of people are worried about a lot of things. The question becomes, what will happen to that fear? Will it dissipate, or will it shoot higher? People are worried about so much right now, starting with the presidential election –…
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The Benefits of Holding Cash – Webinar Recap New traders are often surprised when I tell them to hold plenty of cash. That may seem counterintuitive – don’t you need to spend money to make money? Well, yes – but only to a certain point. I often say that cash is king, and during this…
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Sentiment indicators are clearly showing that investors and traders are sporting some sweat on their brows. Bullish traders are probably in good shape but should have one hand on the exit door. Bearish traders (or anyone who just stumbled into the party) are way behind the markets and probably looking to make up ground quickly.…
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Only 21 days remain until the presidential election, and speculation on the outcome continues to run rampant. The big question on everyone’s mind is “How will the stock market react to the election?” We don’t know, of course – but the markets are offering us clues. Market volatility has been building Polls are favoring Biden,…
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