There is lots of talk about how this incredible rally from the beginning of the year and even from last Oct 3 is just a mirage, that it cannot last. We often hear this from those less fortunate – those on the sidelines. Of course, much of that chatter is coming from those who have…
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Have you missed this tremendous bull run? Since Oct 3 the SPX has put on some weight, a robust 330 points (30%) from 1070. Nasdaq has blasted forward past 3K, a number not seen in more than a dozen years. The Dow Industrials is positioned above 13K now, up a solid 8.3% for the year. …
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This week saw something we hadn’t seen in a few months – a big down day and no dip buyers in sight. Was it time to panic? Well, not totally – but it certainly raised an eyebrow. Remember, going up is a slow, methodical process. Going down is quick and vicious. The old saying, you…
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There is just a ton of information out there on the web about stocks, trading and investing. I have wandered to many sites looking for the right information that will quickly get me what I need. I am always looking for the best information to pass along to readers. One that stands out to me…
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March. My favorite time of year. Flowers blooming, weather getting warmer, daylight savings time and the best event in sports – the NCAA basketball tourney (March Madness – time to fill out those brackets!). The thrills, chills, excitement and buzzer beaters are unparalleled through the two week tournament. I also love the action in markets…
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Not much love these days in commentary and chart analysis for the small cap index. I can understand the concern but not the ‘hate’. I would not consider this a leading index of the economy, stock market or trends. It is not a sign of a slowdown, either. The divergence of the small caps with…
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Many have been trying to figure me out for years, what is the secret to trading options, finding plays and how/why to stay with a play longer than most would think practical. It’s nearly impossible to replicate what I do – you just don’t see charts, technicals and patterns the same way. That’s not to…
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Who likes this market? Raise your hand. Hmmm…looking around, not seeing many hands raised. Ok, that makes sense. Since the beginning of the year markets have continued their upward climb started since the frightening dip in early October, and all I hear and read are complaints: why won’t this market pull back? why can’t I…
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I wanted to share how we carefully managed risk around an options trade for subscribers in Explosive Options today for Herbalife that left us with profits and a risk-free trade into earnings. On Feb 2, we bought calls on Herbalife (HLF) as the technical picture had improved. Knowing competitor WTW was due for earnings in…
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Be clear about your goal but be flexible about the process of achieving it. (Brian Tracy) It can be challenging to change our way of thinking. Naturally, we form opinions about people, events and expectations and move forward based on our own logical answers. But, what if we are wrong? Is that defeating? Are we…
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