Hunting for fractals can find beautiful patterns, and great returns… We talk a lot about fractals here. In fact, we like the principle of fractals so much we created our trading strategy around them. Rich Clifford, our founder and MD, even named...
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The Tale of the Tape: AAXN has key support at $50. A trader could enter a long position at or around $50 with a stop placed under the level. If the stock were to break below the support, a short position could be entered instead. Axon...
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There is no way to sugar-coat the current trading landscape. It’s damaged and in need of serious short-term repair. The market is extremely oversold and a solid earnings season should see the selling dry up and buyers return. Much of the downward...
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Stocks have been suffering the past few days, but it seems we might have reached a short term washout or capitulation point. So today, I’ll explain how to use options trading to take advantage of the current environment. We’re already getting...
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Stocks are getting a big boost on news of a NAFTA deal. But is Wall Street being too optimistic? The U.S. and Canada reached an 11th-hour deal to salvage the North American Free Trade Agreement on Sunday, overcoming deep divisions to keep the...
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With the major indices pushing to all-time highs, and some of the many names sitting large double digit percentage, it can difficult not only holding on, but climbing aboard even the bluest chip names like Amazon (AMZN) and Microsoft (MSFT) at...
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The bullish camp is mounting a serious campaign for staging a pre-midterm election rally that could really sizzle. Second quarter real GDP growth was 4.2% on an annualized basis and the Atlanta Fed’s GDPNow Model is estimating 4.1% real GDP growth...
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