The media have gotten noisy lately, haven’t they? I’m ignoring the latest economic predictions, and I urge you to do the same. For us traders and investors, our desire to know the future is insatiable. We think that there has to be a golden key to unlock the door of knowledge, so we can see…
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It’s hard to find a stronger chart than Shopify right now. This name has ripped higher off the March lows – it’s up 180% – and is up nicely for the entire year. From a fundamental perspective, they are on solid footing after inking a huge deal this week with Walmart. This helped the stock…
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It’s not easy to spot a new market trend during a volatile bear market. During a bull rally, the challenge is determining if this is the right time to buy dips (and if support levels will hold). As we have seen recently, huge rallies can and do occur within bear markets. (Yes, this is still…
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When you compare the current stock market performance to economic data, you see a major disconnect. Indices are up sharply since the March bottom, even though the unemployment, hospitality sales and retail sales data have been awful. Here’s why this is happening. Why the stock market predicts economic data will improve Well, first of all,…
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After the dark days in March when indices were battered, the current stock market trend is a huge relief (to the bulls, anyway). Traders were taken by surprise as the price action pushed indices higher for the second straight week. Markets are now up 35% or more from the lows – not too shabby! The…
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After the equities market fell 35% in one month, a balanced portfolio looked like the best thing since sliced bread. Of course, that’s always been the case. But if you were ignoring other asset classes because stocks were producing great returns, you are still in a world of hurt. Even though the markets have bounced…
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How to Manage Wins and Losses to Grow Your Portfolio – Webinar Recap Bear markets are notoriously difficult to navigate as a trader, but they still offer great opportunities. In this options trading webinar, we discussed how to manage wins and losses to grow your trading portfolio. Watch and learn: How to determine if/when to…
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Our economy is in tatters. The pandemic is far from over. Fund managers and high-performing traders are taking a bearish stance and staying away from the markets. Yet by all indications, this is a stock picker’s market. What’s going on? Top traders are still in the bearish camp What makes a fund manager, strategist or…
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During this week’s “Off the Charts” segment on “Mad Money,” Jim Cramer used Bob Lang’s charts to discuss three semiconductor stocks that are worth buying into after the stock market dropped for the second day in a row. 3 semiconductor stocks worth buying Cramer said action in the stocks of Nvidia, Advanced Micro Devices and…
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That was one ugly jobs number that came out on Friday. We knew it would be bad, but it was still a shock to confirm that 20 million jobs were lost in one month. Despite the bad news, markets went up! Thankfully, one technical indicator can help us navigate this crazy bear market. But first,…
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