Amazon reports earnings in just a few days, so I wanted to share my thoughts on the stock and a potential trade for you to consider. This is an "earnings trade," meaning that it's a more risky kind of setup because of the event risk surrounding the stock. But that's why we are here, right?
I guess it's time to throw my hat into the ring. I've tried my very, very best to keep to the trend, but we're now seeing many, many signs in this market that lead me to believe that a near term top will come about within the next week. The market is undergoing a parabolic
This tech stock has started to see early signs of weakness before the rest of the market. Given how well it led in 2017, and the kind of price action it's currently seeing, I would keep a close eye on how it trades over the next month to get a feel for how the rest
As I was doing my market analysis over the weekend, I stumbled onto a long term "trend" statistic that shocked me. We've not seen this kind of reading since the 2008 market crash. I'd like to share this with you, as well as an invitation to a training I'll be having this upcoming Thursday. Register
I was going to start this letter to you a little differently, but some news just flashed across my screen... "North Korea fires another missile." Seems pretty scary, right? Well... so far it's a tiny blip in the markets. We'll see how we close today. Yet that headline leads me to ask you this question...
It's official. Volatility is dead. Markets are grinding higher, and the VIX can barely stay above 10. Extreme complacency, right? If nobody is buying protection then it clearly means that the collective market zeitgeist expect the market to go higher. You've also got a TON of traders loaded to the gills with short volatility products.