Using options trading activity as an indicator for impending price moves is difficult, subjective, and unreliable. That said, it can help confirm other indicators and raise the probability of a profitable trade. [$19 SALE] Try out the concierge...
Read MoreStocks are still mostly meandering around as I focus today on managing the Options360 Concierge Trading Service’s open positions. Some are mechanical, i.e. with limit orders to close positions once hitting a profit target, others are defensive...
Read MoreI love Labor Day. I love celebrating the work ethic that made the US the great nation that it is today. Remember, I was born in NYC and I was instilled with a respect and admiration for the “working man,” even though my father was a...
Read MoreI’m not a “Polly Anna.” You know the type, someone who tries to put a sugary sweet spin on everything. As a matter of fact – even though I am a long-term optimist – I tend to be a short-term pessimist. What I mean is that I assume...
Read MoreAs the old saying goes, “those that can’t do, teach.” While I’m sure this has been an irritant to teachers ever since George Bernard Shaw coined the 1903 phrase, it certainly has some validity; especially in the investing/trading world. ...
Read MoreMonday I sent an email that talked about the opportunity in the market thanks to Powell’s presentation Friday. Wow, less than a week and it seems like ancient history at this point. There’s so much going on in the news cycle that it’s...
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RoboStreet – September 2, 2021 Key Jobs Data And The Fed There are numerous bullish and bearish market catalysts that can fuel further upside or trigger a sharp and well-overdue correction that has a lot of sideline money waiting in the wings...
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