Is the end of the pandemic market near? This week gave us hope that the answer is yes! On Monday Pfizer announced they have developed a vaccine that is 90% effective. The market wildly over-reacted to the upside, but it was not a full blown “all systems go” market move. Certain industries popped, while others …
Read moreThe Vaccine Breakout and the Tech versus Stimulus Rotation
There is more noise than ever. Every time you check your phone. Your email. Your TV. Your computer. One analyst says to buy this stock after the election. Another says to buy this stock. One blue check Twitter handle says this industry will go to the moon if Biden wins. Another says Trump this stock …
100 tickers on your stock watch list. Bigger the watch list the better? One of them will go up 5-10% today right? Nope. Many traders mistakenly think having a big watch list means they will be more likely to find more winning trades. This is the opposite of what happens. Every successful trader I know …
We’ve seen a shift in the stock market trend the past couple of weeks. The market has been on a monster tear since the crash in March. We finally have seen a significant pullback in the markets that have failed to immediately get bought up. These market pullbacks can offer amazing opportunities to both the …
The weekend was not kind to the market as the market plunges this Monday morning off already developing bearish patterns. The meltdown is attributed to fears of another lockdown and close of the economy, along with some funny business going on in the financials sector. While we prefer a bullish continuation pattern, the meltdown has …
Day trading rules are not optional. Anyone who is serious about becoming a consistently profitable trader needs rules. Trading is high-pressure game. When money is on the line, decision making becomes difficult. Rules help you perform under pressure and ensures you make optimal decisions. A record number of retail traders have entered the markets this …