How to Regain Confidence After Trading Losses – Webinar Recap Last month, I wrote about what to do if you’re stuck in a trading losing streak and received an overwhelming number of requests to cover it in a webinar. Little did I know how good my timing would be. If you’re feeling bruised and battered by…
Details
We are facing a market in distribution (another way of saying it’s undergoing a correction). Trading in this environment is tricky. While you may be tempted to buy into lower prices, you don’t want to jump on board before the bottom has been made. Because nobody rings a bell and announces, “We’re at the bottom…
Details
How to Take a Break from Trading – Webinar Recap Whether trading volume is low during the summer months or your mindset is governed by fear, it’s OK to take a break from trading. There is no reason to stare at your screen when you’re not mentally in the game or the odds are stacked…
Details
It’s getting tough to find good charts after last week’s carnage. Given the pace of selling that ensued, many names just don’t have what it takes to move higher. There is little to get excited about – but the Constellation Brands chart is an exception. This company reported solid earnings recently, and the stock moved…
Details
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…
Details
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…
Details
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.…
Details
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…
Details
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…
Details
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…
Details