After forming an island bottom back at the beginning of the year, IBM shot off like a rocket, running from 120 to 150. It has since worked off its overbought condition and looks ready for another move higher. Watch this video to see my technical take on the stock as well as an option trading […]
Blog
The Next Targets for Netflix (NFLX)
3 Trading Outcomes for Apple This Summer
While the broad based indexes are spitting distance from new all time highs… Things have not been as good in Apple land. If you need to “blame” something, well you’ve got a long list. Introduction of new competitors. Poor iWatch sales. Squeezing margins. Whatever the case is, the big gap down that the stock saw […]
What You Should Do While You Are Waiting For A Market Crash
Here’s Where We Sit: Since the low in 2009, the markets are nearly a triple. And to be honest… We’ve gone nowhere for well over a year. (With two pretty big corrections in between.) What’s more… It’s been years since we’ve seen a cyclical bear market. And it’s been years since we’ve seen a proper […]
How TWTR Stock Will Play Out Over The Next 5 Years
From it’s 2013 high of 74, TWTR is now a $15 stock. In this analysis piece, I’ll be focusing more on the lizard-brain side of things. Where the power of the narrative matters more than valuations. The “turnaround” story has been going on for a year or two now, and I think we’re approaching the […]
The Biggest Risk In Iron Condor Trading
Iron condor trading is an incredibly profitable option trading strategy, especially for beginning traders. Yet if you don’t know how to manage your risk, you can end up getting blown out on a trade. That’s when the honeymoon phase is over. Some traders adapt and overcome, getting over that hump and becoming even more profitable […]