Strip Clubs in North Dakota. That could have been the easiest "indicator" telling us that the oil market was running hot. Starting in 2010, new oil exploration and extraction tech started to come into play. Oil shale fields that, once dormant, were now a massive source of oil wealth through fracking. With the Bakken oil [...]
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VIDEO: Large Cap Tech Is Ready For a Big Move
The Second Worst Statistic In Options Trading
It's dangerous. It blows out accounts. And you've gotta see the massive blindspot that option "gurus" are avoiding when they talk about this statistic. Sure, it makes sense when you look at the fancy charts but once you put it into practice, you end up with one or two bad trades that ruin your month [...]
Three Stock Breakout Candidates to Watch This Month
After a full month of consolidation, the markets are hitting all time highs: This is a chart of the QQQ - the ETF for the Nasdaq 100 Index. The market has seen a breakout above the near term trendline, and also put in a "3 white soldiers" candlestick pattern, indicating aggressive buying interest in the [...]
How to Win At Iron Condor Trading
Breaking Down a Winning Breakout Trade in Citigroup
If you want to be a profitable option trader on the "buy" side, you need to know a few things. First, you should try your best to let winners run. I know it's hard... because options have a decay element to them, you're already at a disadvantage. Yet if you can find a way to [...]