Dealing with a losing trade. It’s not fun and certainly, no one looks forward to dealing with them. It’s a fact of life for a trader and you must learn to deal with them or you will never be ultimately successful. But, you also need to be informed (and thus empowered) to deal with the risks […]
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In a sea of red names during this down day, the glimmer of light is coming from the momentum names. I highlight one of my favorites $RH today. I will point out the key levels of support and the potential upside levels of interest. For those that like the momentum plays, check out what I […]
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It’s another dark day for stocks across the globe as Canadian officials arrested Huawei CFO Meng Wanzhou for allegedly violating U.S. sanctions with Iran. Meng, who is also the daughter of the company’s founder, may now face extradition to the U.S.; a hearing is set for Friday. The news raises fresh doubts over a 90-day trade […]
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The market selloff was startling to see. The bears came out with claws exposed and hammered the markets down. Is there even a glimmer of hope in sight for the bulls? Tune in to see the levels I am watching for a reaction.
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The market selloff was startling to see. The bears came out with claws exposed and hammered the markets down. Is there even a glimmer of hope in sight for the bulls? Tune in to see the levels I am watching for a reaction.
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The rapprochement between President Trump and Xi Jinping fired up markets on Monday, but skepticism crept into investing sentiment overnight, weighing on equity markets. None of the commitments that U.S. officials said had been given by China were agreed to in writing, while there was initial confusion on when the three-month negotiating window would start. Meanwhile, […]
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Just because an option is in the money does not mean that one should exercise (or be concerned about being assigned). Click the video below to find out why. Follow me on Twitter: @cboesib
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There are many ways to approach day trading. The ones I tend to rely on are dependent on price movement and volume. Without movement, there’s no opportunity to make money and without volume, there are not enough people with skin in the game to sustain a move. Here is an example of one of my favorite […]
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How do you want to fly? This is one airline I like in more ways than one. On the charts especially at the moment. Tune in to see why I like this name and the true potential in the short term IF the stock really breaks out. I like $ALK and it may be the […]
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Crude prices have dropped below $50 a barrel for the first time since October 2017, amid data from the EIA showing U.S. crude stockpiles increasing for the tenth consecutive week. All eyes are now on this weekend’s G20 summit, where Russia and Saudi Arabia will likely discuss how to coordinate oil policy. Shielded by a budget […]
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