Did last week’s market correction catch you off guard? It surprised a lot of people. Let’s talk about what to do so you’re prepared for the next one. Before we dive into specifics, please keep in mind that market corrections are a natural progression. At some point, investors take profits. When that happens, someone will…
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Why, How and When to Buy Put Protection – Webinar Recap When the stock market plunged 800 points yesterday, did you panic? If you didn’t have puts to protect your portfolio, you probably did. I have been saying for years that put protection is just as important as life, health, car and house insurance. It’s not…
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If you’re looking for a tasty chart, look no further than the fast food brand Wingstop. Just look at that chart! Notice the incredible surge in August and the recent pause, which is what we like to see after a big move upward. The consolidation is positive as the stock bases at a higher level.…
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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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