This has been a wild market, and you can make money on both the long and the short side. I'd like to share with you two trades we put on at IncomeLab. The first is a bet on long volatility using the VXX, and the second was a breakout bet in NET. These setups were
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Big Water, Small Hose
The Russell 2000 index is over 20% above its 50 day moving average. I checked the past 20 years, and this hasn't happened. The selloff in March was extraordinary, but the v-rally we've seen has mirrored just how wild the market has become. We can chalk it up to lots of fundamental reasons... the better-than-expected
Does Zoom Pass The Smell Test?
Zoom reports earnings after the close, and the stock is on an absolute tear higher into the number. Question now is... how much of it is currently justified? Before we go down the rabbit hole, keep in mind that I'm a paying customer of the company. It's a very good product. I've also made plenty
The Biggest Risk In The Markets And The Economy
Earlier this week, I made a very clear and public call that the markets will not retest the lows. It's a hard call to make! Most capitulatory bottoms are followed by a retest of the lows. Market history flies in the face of what I think will happen. And it might. If anything it would