Many traders who post a loss often feel like a complete loser. After all, the future is uncertain – will you ever post another winner again? That is a rhetorical question, of course, but if you plan well, do your due diligence, study, focus, and make your bets accordingly, the odds are good for you.…Details
During this week’s webinar, I was pleased to welcome legendary options trader Skip Raschke to our chat. Skip has been around a long time, and he shared some great stories about how he started and how he managed to thrive over time. He also talked about his particular style of trading that uses spreads and…Details
We recently saw CHK jump out of a consolidation/base and move higher on good turnover. This chart has the makings of higher prices on the near-term horizon. I particularly like the technicals here: The setup is strong, and there is a bull re-test at hand for the momentum indicators. This presents a low-risk entry point.
Timing: As hard as we try, we don’t always get it right. This is especially true with trading, and I can tell you from personal experience that the frustration mounts if I make a good call but the timing is off. However, that frustration can be reversed by using time to my advantage. There are…Details
During this week’s webinar, Ryan Detrick, a brilliant strategist from Schaeffer’s Research, talked about current market conditions and offered some great statistics about markets and the current structure. Bob also talked about the market’s new highs, some recent plays, and the VIX and volatility. Check out the replay below!Details
In this special edition webinar, top fundamental analyst Bryan Ashenberg joined Bob Lang to discuss the Trifecta Stock Service, a phenomenal new service offering from TheStreet. In the replay below, you’ll hear more details about Trifecta, including how the three different filtering methods work together to choose the top 1% of stocks that are truly…Details
Solar City has been on FIRE lately, and Wednesday it broke out on some really strong volume. This stock has been on my radar since last week, and today was the day to jump on it. As you’ll see below, the technical picture is solid and momentum indicators are flashing bullish signals.
Below is an excellent fundamental analysis by my good friend Brian Gilmartin of Trinity Asset Management. Brian is a prolific writer for his site Fundamentalis (where the article was first posted) with a keen market sense. Around earnings season, we can count on Brian for some of the best analysis around. Per ThomsonReuters, the “forward…Details
Technical analysis is an art and a science. It is an art because we look at pictures and interpret what they represent -, specifically, past action and activity around price and volume. We also consider it a science because of the math, statistics and analysis involved with creating indicators, oscillators and graphics. The science part…Details
Nike recently posted some stellar earnings again and was thought so highly of they were included into the club of the Dow 30. The stock got very hot indeed after earnings and the recent froth has been removed, the price and technicals have been reset. Buyers look interested here at this level and I suspect…Details