Let me share a secret with you: trading market selloffs is the most profitable time to trade. Are you shocked? Probably, because most traders panic, make bad decisions and lose their shirts during market selloffs. During our last market selloff in late June, Trade Report members and I had some of our biggest trades of …
Crazy week last week. the markets were taken down in a very decisive manner due to all sorts of geopolitical and political headlines. This is a cash heavy market. I am currently 100% cash and very happy to. The thing about cash is that its the best hedge possible. I have no care in the …
Weekend Market Thoughts.
evening folks. Nice day in the markets thursday and friday while i was gone. At this point when market has broken key levels of support you have to assume the market is guilty till proven innocent. So any bounces toward 1300/ 50dma i will assume are reflex/relief bounces. Often a breakdown of key support after …