Price Patterns 101: Flags (Bearish)
After this week’s sell-off, you may find some bearish flags setting up as some stocks begin to stabilize. Identifying a potential reversal or a continuation in the trend can be extremely helpful. Here is a look at a bearish continuation pattern than may give you an entry within its bearish trend. Bear Flag Basics Rating:…
Omicron Failed to Deliver for Bears Today, but What About Tomorrow?
The Omicron variant that caused heartburn for the bulls Friday failed to follow-through today. That doesn't mean you shouldn't take it seriously as a trader. Here's how to hedge the next week and other unusual option activity opportunities…
Omicron Portfolio Hedge for This Week
Many people wonder about hedging a portfolio and the news about the Omicron variant on Friday saw that interest escalate. When you’re long stocks or if you’re a premium seller, hedging is important. Understanding when to hedge and what hedge to apply is extremely important. Many began to realize that on the Omicron news last…
NU Crash or Temporary Market Insanity?
Traders Rush for the exits----NU variant used as a catalyst to sell--Oil Crash and liquidation--Capital moves to Bonds, duck and cover stance--Crypto crush - risk asset?--dollar off with gold flat Volatility Update----VVIX explodes--vol futures Early Next Week----Monday will be scary--NQ is downright intimidating--expected moves exploded--rates tanked SPX Expected Move ----last week -- 54.75 (expected move)--next…
Are Retail Traders Moving Markets?
Stocks sell off this morning and then rallies solely on retail traders. Call options on key stocks explode sending markets higher. The rotation game continues and here's what to look for next...
Gold's Black Friday Bargain
Gold has had a history in recent years of rallying in December and January. In this video, you see how gold has performed, what's driving it's movement, and what to expect. If history is any guide, gold may have a 10% + move in the coming weeks.
Tesla’s Bump and Run Pattern Looks Like a Hit and Run
You’ve likely heard of Elon Musk selling 10% of his stake in Tesla Inc (NASDAQ: TSLA). You would think that would be bearish news, but the price has remained fairly resilient. At times, when something sounds bearish it doesn’t get discounted right away. For TSLA, that appears to be the case, but the Bump and…
Not Your Average Holiday Week: Here's How We're Playing It
If it seems like this week is "opposite week," you're not alone for feeling that way. Last week saw broad-based weakness in everything but the large-cap technology stocks and this week brings us general broad-based strength in most sectors and stocks outside technology leaders. Bonds fell; yields rallied and we're definitely not seeing the typical…
What is the Oil Market Indicating After Biden’s SPR News?
Today, the Biden administration announced that they would be releasing 50 million barrels of oil from the Strategic Petroleum Reserve (SPR). They also announced a coordinated release between the U.S., India, Japan, Republic of Korea and the U.K. That sounds really bearish for oil, right? If that’s the case, why are oil and oil stocks…
Fed Chairman Powell Retained as Investors Search for Their Happy Place
Biden announced that he will nominate current Fed chairman Jerome Powell for another term. The S&P 500 turned bidless into the close as gaming stocks fizzled (EA, ATVI) and DIS pulled their annual membership for Walt Disney World…
Recent Comments