You know what happened to me this morning? I’m sitting here, coffee in hand, waiting for the jobs number like every other trader on the planet. And these geniuses – and I mean GENIUSES with PhDs from fancy schools – these guys are forecasting 59,000 new jobs. Fifty-nine thousand. They put that number out there
Oil just broke above $80 per barrel for the first time since January 2025. Everyone’s acting like this validates the war premium. Like we’ve finally seen the market “wake up” to geopolitical risk. I’m sitting here thinking the exact opposite. Oil breaking above $80 during the most serious military conflict we’ve seen in decades? I’ve
I just wrapped my the Big 3 segment on Schwab and had to share some contrarian thinking with viewers: Everyone’s buying this bounce. Here are three trade ideas going the other direction. When markets gap up after geopolitical chaos and everyone breathes a sigh of relief… when “defensive” plays start rolling over just as volatility
You know how you beat yourself up when your entries are garbage? When you buy the high, sell the low, and feel like you couldn’t time a traffic light correctly? I figured out the real problem. Your timing doesn’t suck because you’re bad at trading. Your timing sucks because you’re trying to trade in volatility.
You know what’s wild about this whole Iran situation? Everyone’s freaking out about missiles and oil spikes, and I’m sitting here watching NVIDIA jump $5 and Microsoft rip $7 higher while people are still parsing war headlines. Let me put this in perspective for you. Microsoft up seven bucks? With 7.4 billion shares outstanding, that’s
This morning I closed three winners and refused to touch a fourth. By noon, I had a 247% gain, a 170% gain, and a 123% gain locked in, with another butterfly sitting at 100% that I won’t touch. This Friday wrapped up what I’m calling “The Week of the Fly.” Four out of five butterflies
You know what’s funny? Everyone was convinced Nvidia earnings would rescue the market yesterday. I’m watching the market right now and seeing Nvidia’s down 4% at $187. Four percent! After crushing estimates and guiding higher. That tells you everything you need to know about where we really are. The Rotation That’s Not Working They’re
Just wrapped my Trading 360 segment on Schwab and had to break some hard truths to viewers: We’re living in pure rotation insanity. When companies are closing in on $5 trillion market caps and policy means nothing… when gold becomes “the new AI trade” because Nvidia isn’t performing… when Apple turns into a “safe
For months, the market’s been playing musical chairs. Tech. Financials. Energy. Repeat. But I’m here to tell you something nobody else is saying: The chairs are disappearing. And the music’s about to stop. I spent this morning staring at the advance/decline line, and it’s telling a story that should scare the hell out of you.
Most traders think this range-bound market is boring. They’re wrong. Dead wrong. As I write this, we just smashed through 6850 – the level I’ve been losing my mind over for weeks. The S&P is down 73 points and trading at 6835. This isn’t theory anymore. The zero DTE explosion I’ve been warning about is
