Facebook (FB) appears to be at a major decision point: Will it move up or down as it closes in on its apex? While this stock can move with the markets, it mostly runs on its own news and events. The wedge in place (see the chart below) shows support in the area of 56;…
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During this week’s webinar, Suz and I discussed the importance of option flow and tracking the volume of options trading. We’ve been experiencing strong flow lately, but what does it mean? When it comes to option flow, the trick is interpreting it correctly. I pulled in Dave Attardi, a chat room member from the beginning,…
DetailsEveryone has an opinion on the markets right now, especially around where they should (or will) go. I wish I had a dime for every reason or excuse the markets will go up or down, because I would have millions in the bank already. The pundits, experts, analysts and talking heads want to dazzle you…
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In this very challenging market, we must stay on top of our game and be ready for any opportunity. If we want to live to fight another day, we need to have more than just survival tactics in place. We need great options trading strategies. One of the best and most critical for option traders…
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Want to know the options trading strategies experts are using during a highly volatile market? Good news! Jill Malandrino of optionsprofits.com and I discussed some great ideas during this week’s webinar. In fact, Jill provided a thorough overview of markets and options trading strategies, touching on the recent market volatility, complacency, and some very good…
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During our monthly Trifecta Stocks webinar, Bryan Ashenberg and I covered a recap of some names and ideas we are currently excited about and discussed the current portfolio make up. I spent some time talking about technicals and how our names have weathered the recent market volatility. We both took questions from the audience before…
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Boeing has been a favorite for quite a while despite a setback this winter. The chart took a hit in late January when the company missed earnings; this led to a brief market pullback. However, the 120 level held strong, and since then it has enjoyed a series of higher lows. Currently, the stock price…
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There’s a real conundrum in the market. Interest rates have fallen to ultra-low levels, yet the housing market seems to be doing poorly. That doesn’t make sense to Jim Cramer – falling rates should boost housing stocks. What gives? For insights, the Mad Money host turned to my technical analysis – watch below! Lang believes…
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During the last few years, I have been following the breadth trends and using the McClellan Oscillators as my guide to uncover short term reversals. I look for extreme high or low readings, which have proven to be dependable markers. (Generally speaking, this is not my game, but I absolutely listen to the markets when…
DetailsHalf of the battle every successful stock picker faces is being in the favored sector at the right time. One of the favored sectors right now is energy, and after the huge run-up in most of the energy names I came across, C&J Energy Services (CJES) takes the cake. CJES has already reported earnings, so…
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