Having spent the earlier portion of the week in Michigan and the Carolinas, I find myself back in my Ft. Lauderdale office. In looking back at the week and the various meetings I had, I’m reminded of the critical need for proper education on the subject of financial instruments. When speaking with those that work […]
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In today’s video, I discuss the market’s new highs, as well as targets for the Dow and S&P 500. In today’s world, trade wars and ever-increasing tariffs are BULLISH… who knew? Professors will have to rewrite their economic textbooks to include this wonderful new wrinkle in the markets.
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We saw some major moves in biotech/healthcare today. India Globalization Inc. (IGC) was up over 70% at its peak today, trading above $4 after opening just above $2.50 per share. While there is no pressing news behind the move, the sector has been fairly hot lately and IGC appears to be in a good position […]
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Another day of gains looks in store for U.S. equities as stocks advance across the globe, with China’s Shanghai Composite Index even closing up 2.5%. The DJIA and S&P 500 set new highs Thursday as the economic outlook got rosier: Initial jobless claims, a proxy for layoffs across the U.S., fell to the lowest level since 1969. […]
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Today I talk about ADBE and why I like the buy-side opportunity. I am focused on recent trading behavior and the value of buying the dip in a trending name. Tune in to see the price levels I am watching in the near term.
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Shares of Altimmune Inc. (ALT) rose very sharply in trading over the last 24 hours. On the surface, it was alleged that the company’s shares rose due to positive news from its pipeline developments for its phase 1 and 2 research. However, the company recently completed a 1:30 reverse split, meaning that every 30 shares […]
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China is planning to cut the average tariff rates on imports from the majority of its trading partners as soon as next month – including the U.S. – fulfilling a previous pledge as a tariff war bites into trade. Premier Li Keqiang further said his government wouldn’t devalue its currency to boost exports. We “must uphold […]
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Finding the right stocks to trade (or not to trade) is one of the most difficult jobs we have as traders. Take a sneak peek inside a real trading room to see how we approach the trading day each and every day. Follow me on Twitter @MikeShorrCBOT
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Housing numbers released today gave a pleasant surprise to a key sector of the market. Financial Intelligence Training (FIT) students will know this important sector is the financial sector and why it is such an important area to watch as it may help gauge the market’s strength or weakness. So why the lift in XLF? […]
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When trading options, position allocation is one of the keys to avoiding undue variance in your trading portfolio. Watch this short video on how to access your risk and allocate accordingly. Follow me on Twitter @MikeShorrCBOT
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