The Robinhood Double Squeeze
GGME, AMC and, to a lesser extent, NOK are in the midst of two squeezes at once. The first is a short squeeze. A short squeeze is caused when a stock starts to rally and has TOO much short interest. This is the case with these names. Let’s use GME as an example. GME has […]
Tide Turning on Small Caps?
Ah, the art of contrarian investing … It’s an investment strategy that rewards patience, confidence and rationality with high returns. Well, the market has certainly been testing my patience lately, as valuations seem to have lost all meaning. (Hello, GME!) However, it can never shake my confidence … and I have some good firepower behind […]
Bears Are Coming Out of Hibernation …
Hey There Income Hunters, In the past couple of weeks Citi, Goldman and now Bank of America have all come out with calls for an equity market correction call in Q1 … BOFA’s “Bull & Bear” market sentiment indicator, for example, is approaching a sell signal (which happens when it exceeds 8 out of 10;…
How I Trade Little John to Lock Profits AND Ride Winners
Hey Traders, I’m coming to the end of my first quarter of trading with the Little John technology built last year by my Option Pit team. Little John allows me to organize and track Robinhood trends, and my account is up over 30% in three months … Not too bad for 90 day’s work! Friday…
The Worst Sectors for 2021
Hey Traders, Some of 2021’s biggest trends will be formed by two influences … (1.) The opening up of the economy and (2.) the Biden administration. Let’s start with opening up the economy … Good news for many. BAD news for the stay-at-home trade. While there are stocks that will be fine, like AMZN, others […]
The Biggest Bank Heist in History …
Hey There Income Hunters, People like you and me — the rare breed known as Income Hunters — have a deep need to see that numbers add up. We’re responsible people, after all! That craving for common sense makes it really difficult to wrap our heads around the Fed printing $5.5 trillion dollars out thin […]
Yellen Says Rude Things About Bitcoin
You knew it was going to happen sooner or later … You knew Bitcoin (Ticker: BTC-USD) was going to face regulatory headwinds. Well, the breeze just picked up. President Biden’s Treasury nominee Janet Yellen said cryptocurrencies are a “concern” in terrorist financing… And on Thursday, Bitcoin was down 13% to $30,492, it’s largest drop since […]
Presidents Should Affect Your Stock Picks, NOT your Exposure
Whether or not you liked Donald Trump, we can say for certain … He was good for traders and investors. The Dow set 126 new record highs in Trump’s term — which was slightly more than Obama, in half the time — and returned 56%. The S&P 500, meanwhile, was up 68% from Trump’s inauguration […]
This Index Crushed It
Traders fail to recognize how NOT diversified the NDX (QQQ) and the SPX (SPY) are. The top 6 stocks in the NDX make up about 45% of the index. The SAME 6 stocks make up about 23% of the SPX. SO, if you own the SPX and NDX, you are ‘Texas Hedging’ On the floor […]
What!! How Did the Market Go Up??
Politics seem to be everywhere right now. The Capitol Building was stormed…. Democrats have swept both houses of congress…. President Trump has been banned from Twitter….. The S&P 500 rallied just under 2% this week. How is that possible with everything going on in Washington DC. The answer is simple: Only certain kinds of politics […]