May 30, 2019

Q1 GDP Revisions a Bit of a Mixed Bag

A bit of good news, bad news. Bad news…Q1 GDP was revised lower from 3.2% to 3.1%. Good news…consensus expectations were targeting a revision down to 3.0%. The fear was that the current US administration’s escalation of trade war and tariffs would hit the economy harder than it did but the US consumer came in to save the day. Consumer spending, which accounts for the majority of the economy, grew 1.3%, topping projections for an unrevised 1.2% though still the slowest in a year.

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about the author:

Mike Shorr

Since 1994, Michael has been an on-the-floor market maker, Vice-President of Interest Rate Derivatives for Knight Financial Products and Director of Education and Options Instructor at Trading Advantage. He makes the oftentimes complex world of options and trading accessible to the novice and advanced trader alike. Michael has a Bachelor of Science degree in Statistics and Finance from the University of Illinois Champaign-Urbana. He presently is Director, Trader Education at ProsperTradingAcademy.

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April 6, 2026

Q1 Earnings Season Preview: What To Expect

As we start a brand new quarter in 2026, it also resets the earnings cycle for companies to report their quarterly results — and I believe that Q1 Earnings Season could have a lot in store. Q4 earnings season at the start of the year gave traders a lot to process. It also set the […]

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April 3, 2026

March 2026 Jobs Report: The Good, Bad, & Unexpected

The March 2026 Jobs Report was among the most anticipated ones in recent memory. Right now, the economy is being shaped by a number of factors: These current circumstances — combined with February’s bad jobs report — had traders preparing for the worst. Fortunately, the March 2026 Jobs Report looked much better than expected…at least […]

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January 21, 2026

Could Penny Stocks Be The Big Play In 2026?

Written By: Howard Greenberg As everyday traders put their trading plans into action for 2026, penny stocks might not be on many of their radars. It’s totally understandable why penny stocks may not appeal to the more calculated seasoned traders. Their reputations for susceptibility to manipulation, extreme volatility, and low liquidity make them way too […]

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May 15, 2026

Mike Shorr Calls OUST Before It Popped 30 Percent

Have you ever heard of a stock called Ouster Inc. (OUST)? It’s a lidar sensor company that focuses on autonomous driving, robotics, and smart infrastructure. The stock is up over 47% in 2026. It’s a lesser-known name that usually flies under most trader’s radars (or in OUST’s case, lidar), so you probably missed its big […]

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May 15, 2026

Charlie Moon Nails The Dip In ASTS

On Thursday, Charlie Moon highlighted two setups in his daily watchlist that his AI Trade Finder spotted in AST SpaceMobile Inc. (ASTS): Charlie went with the “Buy the Dip” trade idea, and released a trade signal for it in his room. He wound up closing it that same day – for a 50%* win. Here’s […]

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May 14, 2026

BABA Stock: How Mike Phased Out Post-Earnings Noise

Alibaba (BABA) reported earnings this week…and the numbers looked ugly at first. Core profits cratered. EPS missed by a mile. While most traders headed for the hills, Mike Shorr saw something hiding beneath the headlines. Mike reveals what he spotted in BABA on the Schwab Network, and how he leveraged his findings in a timely […]

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