As the fourth quarter gets underway, I thought it a good time to remind you to avoid complacency and buy index put protection. With a strong economy, low inflation, low interest rates, a strong dollar, solid earnings and indices near all-time highs, it’s easy to feel a bit comfortable. Don’t. There are a host of…
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For two weeks in a row, an energy name is our chart of the week. That’s no accident, as crude is expected to continue its run higher through the end of 2018. Anadarko Petroleum is a strong, diversified oil name that has lagged the entire group, but it has an intriguing chart setup here that…
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All eyes were on the Federal Reserve Bank last week. As expected, they confirmed a September Fed rate hike – the eighth since December 2015 . This 1/4 point increase brings the Fed Funds rate to 2-2.25%. Even after such a dramatic move higher from the zero-bound level, the rate is still very accommodating to…
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Everything You Need to Know About Bollinger Bands – Webinar Recap Bollinger bands are a great technical tool that can help you determine if a trend is forming or already in place. Because so many traders use them incorrectly, we used this options trading webinar to discuss how to use it correctly and to your advantage.…
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Crude oil climbed sharply this week after the release of some very light inventory numbers last week and stronger demand estimates. With the commodity trading above $72 per barrel, many energy names got a strong boost up. No one came close to EOG Resources, which closed near its all-time high – and I don’t think…
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As a trader and investor, I study the biggest and brightest stars – aka, institutional money managers – to learn how they achieve great wealth for themselves and their clients. I read books and study methods and strategies that make them successful, because the “big money” is where the action is. So, what moves someone…
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Cloud-based application and computing names have been strong in 2018, and Adobe Systems has led the way. Powered by strong earnings and subscription growth, the company has transformed itself into a high-flying cash machine with an incredibly strong niche in this competitive industry. The chart tells the story. Note the strong uptrend of higher highs…
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If you’ve been trading for awhile, you have been stuck in at least one trading losing streak. Once you feel trapped in a negative vortex, it will feel like you’ll never make a winning trade ever again. I know – I’ve been there. We all have! And we have all broken that streak. So, how…
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How Well Do You “Know Your Options”? – Webinar Recap Bob Lang and his Editor Monika Jansen became Amazon Best Selling Authors when their book “Know Your Options” was published this past summer. It’s the only book on the market that provides background information on how options trading works, how to succeed over the long-term,…
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After slumping severely in early July following news that it would acquire CA Technologies, Broadcom has sprung to life. The company is looking so strong that it may actually light a fire among other struggling semiconductor stocks. Last week’s powerful surge higher (following a very positive Q3 earnings report) was on very high volume; many…
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