Today we are going to talk about option order flow, a technical resource that every successful options trader must understand and use – and not just because it can help you bank HUGE profits (more on that below!). Before we dive into order flow, lets talk about technical basics. When it comes to technical analysis,…
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Today I had the privilege of welcoming Tom McClellan to our webinar, whose parents developed the eponymous McClellan Oscillator. Picking up where his parents left off, Tom runs mcoscillator.com, a really phenomenal service for sentiment readers and market timers – and one I rely on. Every day, Tom puts a report together that covers the…
DetailsCSX is one of the biggest rail companies in the world carrying some of the biggest cargoes around, including crude oil, coal, lumber, pipes, infrastructure parts, and retail goods. They have some strong competition from rivals Union Pacific, Norfolk Southern and Kansas City Southern, not to mention a couple of big railway companies in Canada.…
DetailsMarket breadth is an ideal way to gauge the temperature of the market’s health at any point and at any time. Like most indicators, it provides an idea of where price action is likely headed. Market breadth is simply how many stocks are being bought vs. being sold and how much volume is behind it. It…
DetailsToday’s webinar was packed to the gills with people eager to learn more about how to trade fat tails. Before I dove into the main topic, I spent time discussing the current market structure, including the VIX, Fed Funds Futures, and price action, which has been impressive since the last jobs report (I blogged about…
DetailsThe Yum Brands (YUM) fast food company has been a strong leader in the retail sector over the past year. Their competitors Chipotle (CMG), Jack in the Box (JACK), and Buffalo Wild Wings (BWLD) have also been strong during the same period, but I have my eye on Yum Brands because its stock price is right…
DetailsOn Apr 16 after the close, I will be talking more about this topic in depth, sign up for it here – https://attendee.gotowebinar.com/register/6841138622700438786 Famed investor George Soros once said, “The biggest profits to be made are in the fat tails.” What on Earth did he mean? Here’s everything you need to know about one of…
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During today’s webinar, I was joined by my good friend Rob Moreno, one of the industry’s top technical strategists at RightViewTrading and a colleague at RealMoney.com. Rob shared his view on the markets, including where it appears things will be headed in the near future and current areas of support and resistance. I also gave my view…
DetailsIsrael-based Teva Pharmaceuticals (TEVA) may be over 100 years old, but its product line and price action are as spry as a newborn colt. The company has two segments, Generic Medicines and Specialty Medicines. I like Teva for its Zecuity chronic migraine treatment, Copaxone for multiple sclerosis, and its portfolio of women’s health products. The…
DetailsAs an options trader, I search for certain qualities in the charts. Knowing that time is against me when I buy options, I want a chart that shows some quick price movement in a short period of time. It’s very tough to find, and when there is not a catalyst to drive a price higher…
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