Fail On The Field – Fail In Trading
Many of you know that my son plays baseball and I get to have fun coaching the team. I love baseball and loved playing it. In fact I have so many fond memories of the game. Memories that matter for winning in life and trading! I remember playing one of our worst players. The crazy […]
Tech Warning…FAANMG Alert
What a week! The “QQQ-is-overpriced-trade” got completely AAPL’d…and AMZN’d…and FB’d The only major tech firm that truly disappointed on earnings was Google. I am not sure what is going on with GOOGL, but they are in danger of being left behind. the MAGAF stocks all cleaned up on earnings….except GOOGLE The tiers for stocks used […]
How To Buy The Rumor and Sell the News
What does sell the news mean? Have you ever actually taken the time to ponder that? I know I have not as much as I should. The issue is that some news gets bought…. …Really BOUGHT…. Some news does not. What is the difference between the two? I ask this question because as I write […]
Rare – Market Delivers Punishment
We saw a really interesting trend develop among some of the mega caps last week… …they got punished for good earnings. Take a look at MSFT, they had great earnings and continue to show massive cloud growth…but the stock got slapped last week. TSLA, the darling of Robinhood and the dread of traditional investors blew […]
Am I Day Trading Berkshire?
The big news as Berkshire Hathaway was trading in the 170’s two weeks ago was that AAPL represented about 20% of the value of its holdings… Over half of its stock portfolio at the highs. Or Did it? Was Berkshire being crushed in a completely illogical way? Was its holdings of Burlington Northern Santa Fe, […]
Why I’ve Been Watching Nasdaq So Closely
I cannot believe it took THIS long. It took WEEKS longer than I was expecting for the market to TRY to normalize. For the last 6 weeks the NASDAQ 100 (aka the QQQ)… …FINNNAALLLYYY underperformed value, ie – The Dow Jones Industrial Average. The laggard of the major indexes over the first 7+ months of […]
Why I Care About TWTR…and You Should Too
Today we are going to get a strong lesson about how options may not price in ‘outlier’ events. Twitter, as you may know by now, experienced a hack of epic proportions. The hack may in fact be the worst hack in history. When I say that I do not contend it was the most people […]
THIS…Is How You Find A Top
Two years ago I was riding in the back of an Uber. I had been at a work event (when those still happened) and was on my way home. As a talker, I almost always end up striking up a conversation with my drivers. On this particular night the driver took a real interest in […]
I Told You This Is For a Reason…I’m Telling You Again
4th of July special! I had a great weekend and was so excited about my recent free webinar where my live trading produced another big winner in the VIX, that I’m extending my sale on Volatility Edge. It’s my elite trading service just for options on the VIX. Grab it now and let’s get fireworks […]
[PR] I Told My Team I’m Doing This…
I’m at it again! Last week I did a speaking gig at a special live event. And I loved it!! I told my team I’m doing it again. They wanted me to get to our regular schedule but I’m not just the “vol guy”, I’m also the “live” guy. People have always known they can […]