The Secret to Successful Trading
Hey Traders, My older son has his first baseball tournament of the season today. And he’s going to do well … How do I know? Because he understands the secret to successful trading. At some point this weekend, he’s probably going to strike out (hopefully swinging, if it comes to that) … BUT he’s not […]
Amped for Energy
Hey Traders The energy ETF XLE has been strong for over a month now, but especially so for the past 10 days. The recent ramp-up has been helped by a big rotation out of tech that saw the QQQ drop 8% (at the low on Tuesday). XLK, the tech ETF, closed down over 4% since […]
My Portfolio Revealed!
Hey There Traders, Changes in the market narrative come at you fast. Last week, it was all about Treasury bond yields surging and gold trading down … Now, higher inflation and money flowing into inflation hedges are the thing. It’s market whiplash at its best … I stuck it out […]
Institutional FOMO Has Entered the Bitcoin Chat
Hey There Income Hunters, Signs are pointing to a massive wave of new buyers of Bitcoin entering the market … And the harbinger is most unlikely. MicroStrategy (Ticker: MSTR) headed by entrepreneur Michael Saylor is blazing a trail for cashflow-rich companies to shift from repurchasing shares to buying Bitcoin. Companies repurchase shares as a way […]
I Survived A Texas-Sized Winter Meltdown
Hey Traders, Up until last October, I lived in Chicago for 40 of my 42 years on this planet. (I spent the other two in New York). But in the fall of 2020, my family and I made the big move to Austin, Texas, a switch that we have thoroughly enjoyed. Case-in-point … on Feb. […]
Drivers Ed … But for Options
Hey Traders, Do you know what sign this is? It’s a stop sign, obviously. But you didn’t need to see the word STOP written in all-caps to know that, right? EVERYONE needs to know that is a stop sign — even without words. Just knowing, though, doesn’t mean you’re a good driver. Or that you […]
Win Rate?
Hey Traders, “What is your win rate?” It’s a common question from those interested in Option Pit services … Personally, I’m surprised people care about this so much, because it misses the big picture. For me, it has always been about how much money I can make in total, not individual wins and losses. But […]
Sometimes You Just Buy the Stock
Hey Traders, I almost never prefer stocks over options. Why would anyone buy stock, when they can get the leverage that options create to express a long or short position. I was able to return over 90% on a $5,000 account in my Littlejohn options trading program between Nov. 1 of last year and the […]
Should You Stay or Should You Go?
Hey Traders, Trades go down sometimes … It happens to the best of us. Believe it or not, every now and again … even I put on a losing trade. In fact, this week I put on a loser in BlackBerry (Ticker: BB)! I bought puts and two things happened: The stock stopped dropping Implied […]
How the GameStop Saga Ends
Hey Traders, While the WallStreetBets community absolutely kneecapped a couple of hedge funds, those holding the stock now that the “squeeze has ended” (or are buying more) need to go back and read about how short squeezes expire. They are not a new phenomenon; they happen all the time. And the result is almost always […]