Free Video Collection + Trade Idea
Hi Shoppers, I am seeing a few things in the daily Twitter (Ticker: TWTR) stock chart: On Friday, TWTR closed on its low, sitting on the support line. After Friday’s ugly close, I think the whole market will be down this week, and I think TWTR is ready to trade down to $56. That would […]
We All Remember
Hi Shoppers, Check out the daily stock chart in JP Morgan Chase (Ticker: JPM): Friday’s candle is a bearish engulfing candle — it is red and completely engulfs Thursday’s green candle. I also highlighted the gap created on August 6, when JPM opened up $2. The Japanese candle system calls a gap a window, and […]
DKNG Breakout
Hey There Shoppers, Where will you be this Thursday (tomorrow!) at happy hour? Let me clue you in … You’ll be joining Mark Sebastian and the rest of the Option Pit Team for an incredible live event starting at 7 p.m. EST. Mark will reveal the ONE key factor that separates […]
Two-Trade Monday
Hi Shoppers, I hope you’re enjoying your long Labor Day weekend. We are on our way to axe throwing today with the kids. (As opposed to my usual axe grinding in this column!) By the way, it is not an easy activity. It’s hard enough to get the axe to stick into the wood, let […]
Stock Gaming?
Hi Shoppers, After PayPal (Ticker: PYPL) reiterated on Monday that they are considering adding stock trading to their platform, the stock jumped $11. And has created a bull flag for the remainder of the week. Check it out: On top of the bull flag, Friday’s candle is a bullish engulfing candle. I think PYPL is […]
Save Money. Live Better.
Hi Shoppers, I am seeing a bullish candle in the Walmart (Ticker: WMT) stock chart: Friday’s candle completely engulfed Thursday’s red candle, which could be a signal of a bounce. And yesterday’s candle confirmed the end of this mini downtrend since Aug. 18. I think WMT will trade back up […]
Choosing the Right Expiration
Hi Shoppers, I think Coca-Cola is ready for a change in trend. Check it out: KO has been in a downtrend since its high on Aug. 17 of $57.56. It closed on Friday at $55.65. I think Friday’s candle is a doji, which can indicate a bounce or change in trend in KO back to […]
Japanese Stock Idea
Hi Shoppers, Hi Shoppers, I dug deep this weekend to find an interesting candlestick formation in the iShares MSCI Japan ETF (Ticker: EWJ). Next, I began to research current events in Japan. That, of course, led to plenty of Olympics coverage. I also read through numerous articles related to Japan’s economy […]
It Takes a Trading Village
Hi Shoppers, Check out this beauty of a stock chart shown to me by one of our Option Pit members: What is it? Why it’s General Motors (Ticker: GM). GM has been in a downtrend since its high of $64.30 on June 7, trading down to $47.07 on Monday and creating a beautiful hammer. Yesterday’s […]
Land of Opportunity
Hi Shoppers, I think Peloton (Ticker: PTON) could benefit from the latest mask mandates and vaccine regulations. Here is the stock chart: PTON has traded down from a high of $127.57 on July 20 to $108.07 on Friday’s close. That’s down 15% in just over a month. I am seeing Friday’s candle as an inverted […]