Weekly Roundup: New Time, Spring Cleaning & Power Moves
Hey Influence Traders, It’s the weekend, which means it’s time for the Weekly Roundup. It was a BIG Week! K Street and Wall Street both made #PowerMoves. And so did I … On Thursday, Option Pit CEO Mark Sebastian and I did a wide launch of the Power Moves newsletter and Power Moves portfolio. Live […]
By the Numbers: Millennials, Meme Stocks, and Stimulus 3.0
Stimmy Stats Most Americans received their CARES Act stimulus check in April 2020, about a month into the global pandemic/homeschool hell. After subsequent months of partisan politics and a stalemate in Washington, D.C., the second round of stimulus (albeit smaller) went out in early January 2021. You can see the correlating spikes in disposable personal […]
A Bullish Call … Sale!?
Hey Traders, General Electric (Ticker: GE) closed at $14 on Tuesday, off .17 from the day before. That stumble aside, the trend in GE has been almost straight up. Since the beginning of 2021, GE has risen from $10.80 to $14. That’s a gain of 3.20, or nearly 30%, on the year. For a storied […]
The 10-Year Repo Squeeze That Wasn’t
<iframe src=”https://player.vimeo.com/video/520364843″ width=”640″ height=”564″ frameborder=”0″ allow=”autoplay; fullscreen” allowfullscreen></iframe> Hey There Income Hunters, Well the banks tried to pull a fast one — and it failed even harder than the 10-year Treasury debacle this week. The banks also don’t seem to realize that Fed Chairman Jerome Powell is no longer calling the shots … […]
We Have Reached Peak Meme
Hey Traders, It was an incredibly ugly week for “meme” stocks, so-called because Redditors love to create memes around their favorite securities. Here’s an example for Gamestop (Ticker: GME): The punchline is, everyone knows if you sell a winner you’re a miserable quitter … according to the denizens of Reddit, at the very least. While […]
Ripples, Ripples, Ripples — and Lessons
Hey Influence Traders, Both K Street and Wall Street are making ripples this week …. – The Senate confirmed and denied multiple candidates for Biden’s key posts – The Senate is working to get the next relief bill passed – The markets are moving … in all directions – RIPPLES ARE FORMING Elsewhere, in “it’s […]
The Rocket Crash Landed, But You Can Clean Up
[kc_row use_container=”yes” force=”no” column_align=”middle” video_mute=”no” _id=”693993″][kc_column width=”12/12″ video_mute=”no” _id=”128880″][kc_column_text _id=”752582″] Hey There Income Hunters, We saw another incredible day of volatility on Wednesday … You have to love how the macro themes of growth, inflation and higher rates continue to impact the same sectors the same way. And it’s all driven by interest rates … […]
Is This Meme Stock About to Go Bust?
Hey Traders, Since meme stocks started blowing up, I have put on winner after winner in our Robinhood Trader program (AMC, NOK, BB) … Same in our Trading Legion mentoring service, where we put together a sweet RKT trade yesterday during our OP Markets Show. I keep waiting for the bottom to drop out on […]
TODAY: Turn the Key on Profits at the Open
Hey There Income Hunters, Can you hear that? I am REVVED up about Ford (Ticker: F). I’ve been looking for a good consumer discretionary stock to buy that can capitalize on the massive growth spurt the economy will see when it reopens in the coming months … Speaking of, can you BELIEVE Texas has been […]
Spike or Swell: Part 2
Hey Traders, The last time the VIX actually experienced a swell was way back in August. Notice below how the VIX started to rally in the middle of August — ALONG WITH the S&P 500: Over the next few weeks, once the VIX popped, the S&P 500 sold off beyond its initial drop. It bottomed […]