Live Trading

Category: Gold

Is This Stock the Buy of the Year?

Yo, Pit Crazies, Most of the trading world is waiting for the Fed to throw Thor’s Hammer around next week. President Xi tossed his own version with the most Maoist rhetoric from a Chinese Premier in 40 years. Chinese and Hong Kong equities did not like it. They posted the lowest closes since the 2008 […]

Fed to Ease Off The Gas?

Yo Pit Crazies, Check out Mark’s Nitro Trader extravaganza in a market that has had 40 2%+ daily moves in 2022. Yes, you read that right. The Standard & Poor's 500 stock index (Ticker: SPX) has had so many 2% daily moves this year that you need eight hands to count them! There is an […]

Stocks Need a Reason to Rally

Yo Pit Crazies, Another whipsaw 2% move! The sentiment started on Wednesday morning pretty rosy with some good earnings reports from, of all places, International Business Machines Corp (Ticker: IBM) and AT&T Corp. (Ticker: T). Even Tesla Inc (Ticker: TSLA) had decent earnings, but not enough to drive a higher stock price as I alluded […]

A Mea Culpa; And TSLA Is Going to $200

First things first … Mea culpa and mon dieu! You know how sometimes when you see something and it looks a certain way even when it is not that way? My Tricida Inc. (Ticker: TCDA) straddle and stock idea from yesterday was incorrect! The breakeven is closer to $6 and not $0. I will close […]

Free Money in This Stock?

Yo Pit Crazies, In Big Money Flow, with Mark and myself, we run into some pretty crazy trades. The market is crazy enough, so I figured I would show a picture of wild pricing. What is this mystery stock? Really wild pricing. 500% volatility pricing and strangely free money? Let’s check it out. Tricida Inc. […]