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) […]
(Inverted) Hammer Time
Hi Shoppers, Did you know there’s a new holiday out? It’s called Inverted Hammer Sunday. And we’re celebrating it today! Check it out … An inverted hammer is found at the bottom of a downtrend and could potentially be signaling an end to the trend. It looks like this: It is an upside down […]
Friday Trading Treats
Hi Shoppers, Happy Friday – I have several goodies here for you: Absolutely do not miss Mark and Andrew on Tuesday April 26 at 8 p.m. ET for their no cost live event showing you how to become a long term successful trader. Register here. Once you sign up for #1, you will receive INSTANT […]
Your Key to Success … Long Term
Hi Shoppers, You know I love a good quote or anecdote. Sort of like this one .. “Success seems to be connected with action. Successful people keep moving. They make mistakes, but they don’t quit.” – Conrad Hilton Here at Option Pit we strive for your success every day. Our goal is to teach you […]
Memorize This!
Hi Shoppers, You know the marshmallow candy Peeps? They’re the garishly colored, bird-shaped treats found in Easter baskets across the country. (Weirdly, no one I know actually likes them, but that’s neither here nor there.) And the ingredients list is a real who’s who: sugar, corn syrup, gelatin, various food dyes and salt. They all […]