It’s a Collab!
Hey Shoppers, It’s a collab! You know when two greats partner up to create something even greater? Like Supreme and Louis Vuitton … Adidas and Bathing Ape … Gucci and Disney … Well, maybe I am getting carried away, but I am super excited for my new collaboration with Mark Sebastian. You see, we […]
A Walmart Doji?
Hi Shoppers, I haven’t given a candle lesson here in a while. That changes now! Let’s talk about my favorite candle formation: the doji. The doji is my favorite because it can be found at the top of an uptrend and at the bottom of a downtrend. It signals the possibility of a change in […]
Together At Last
Hi Shoppers, I need to be short and sweet here today because all of us from Option Pit are in Chicago for a few days IN PERSON … after working remotely for almost two years now. So cool to be back together! The energy is contagious (but that’s the only thing). Let’s go straight to […]
Friday the 13th
Hey There Shoppers, Today is Friday the 13th. Whooooaaa … It has always been a good day for me, as my birthday is on the 13th. But apparently, the number 13 has largely been seen as bad luck for centuries. With 12 being such a perfect number, 13 gets a bad rap. The Code of […]
A Pretty Penny
Hi Shoppers, Who doesn’t love artwork? I love art shows and any art museum. One of my favorite classes in interior design school was art history. Interior design, you ask? Yes, after my son was born, I thought I would use the other side of my brain and went to interior design school four nights […]
It’s Our Day
Hi Shoppers, Happy Mother’s Day to all of you Moms out there. It’s our day to be waited on and do whatever we want, right? It is very sweet to see our family members taking special care to be extra nice today. And for the kids to be “available” to hang out with you a […]
What Do the Charts Say?
Hey Shoppers, And we thought last week was nuts! Let’s go back to the charts – because there’s great info … And grab a new trade idea while you’re there. On the Charts The charts below have something in common … SPDR S&P 500 ETF (Ticker: SPY): Invesco QQQ Trust (Ticker: QQQ): iShares Russell 2000 […]
Give ‘Em An Inch …
Hi Shoppers, Have you heard the latest? The US Department of Homeland Security is creating a Disinformation Governance Board. Is there any competent government bureaucracy? Name one! According to the DHS, the new board’s aim, “is protecting national security by combating foreign misinformation and disinformation.” We are supposed to trust and blindly follow these so-called […]
Chart Check!
Hi Shoppers, WOW! WHAT A MARKET! In my last letter on Wednesday, I showed all the support levels being hit on the major indexes. Let’s take a look at where they are now, two days later … Plus get my new trade idea in Proshares Ultrapro Short QQQ (Ticker: QQQ). […]
How Low Will We Go?
Hi Shoppers, Wow … what a week! And it’s only Wednesday morning! Let’s take a look at a few charts … Plus stick around for a new trade idea in British Petroleum (Ticker: BP). Down on the Charts S&P 500 Index (Ticker: SPX) down 7.5% in four days: SPDR S&P 500 ETF Trust (TIcker: SPY) […]