Why Smart Traders Make Dumb Trades
Hey Traders, I’ve been talking a lot about “Smart Money” lately, and about how I use Smart Money trades to inspire my own trades (and my trades are even smarter than Smart Money!). But … some of you may be wondering … If Smart Money is so smart, and has tons of resources, and so […]
3 Stocks Feeling The Merck Aftershocks
Hey Traders, Undoubtedly the story of the week came on Friday, which helped break the September strain and give the markets a little bit of a boost going into the weekend … Merck (Ticker: MRK) reported it has developed a new COVID treatment — this time, in a pill rather than an injection. While so […]
A Smart Money Semi Spread
Hey Traders, Hopefully you were able to attend last night’s big event … And you now know why watching Big Money Flow can be a HUGE factor in your trading success! If you missed it, you can find the replay right here … and if you’re quick enough, you might even be able to […]
The (Vol) Price Is Right
Hey Traders, I’m sure you’ve noticed I spend a lot of time talking about volatility … Specifically, the CBOE Volatility Index (Ticker: VIX). The VIX measures the implied volatility of S&P 500 options. And as options traders, we tend to focus a lot on implied volatility, because it has such a profound effect on options […]
3 Stocks Slammed By Labor Shortages
Hey Trader, With all of the fuss about the Evergrande fiasco, the Fed, and booster shots, you may or may not have noticed this week’s unexpected uptick in jobless claims … It seems that even with the COVID-contingent benefits being taken away, not as many people are getting back to work as one might expect […]
2 Big Money Miner Moves
Hey Traders, Every day, I watch the market for Big Money moves … because a lot of the time, Big Money = Smart Money. I mean, if traders are willing to plunk down millions of dollars to support their trading ‘opinion’ … there’s usually a good chance they know something we don’t. Not to mention, […]
2 Big Money Miner Moves
Hey Traders, Every day, I watch the market for Big Money moves … because a lot of the time, Big Money = Smart Money. I mean, if traders are willing to plunk down millions of dollars to support their trading ‘opinion’ … there’s usually a good chance they know something we don’t. Not to mention, […]
A “Lehman Moment?”
Yo Pit Crazies, VIX was really moving on Monday. Our Pro Chat room was moving, too, and inside I will highlight some of the actionable ideas that members produced throughout the course. If you want money-making idea flow, the latest market conditions, real-time breakdowns of special situations and even old-fashioned, solid buy-write […]
Making Markets, Making Money
Hey Traders, Do you ever wonder where trades come from? Yes, you may put the order through, and pay for the options contract or stock from your account… But how do these trades actually get filled? Your broker isn’t magically matching perfect pairs of buyers and sellers within seconds for each transaction … It’s actually […]
3 Reddit Favorites On My Radar
Hey Traders, The retail crowd has certainly not lost interest in trying to provoke short squeezes, and “stick it to the man” (“the man” in this case being hedge funds and other institutional traders) … While combing through WallStreetBets is more likely to give you a migraine than a viable trade idea, it doesn’t mean […]