IBM has been a tough name for years so when it ripped 10% recently, people started to take notice. Now the stock is arguably more interesting as 2 key things are aligning.
Continue Reading -->
BYND had a huge move to start the year and it’s been chopping around for a few weeks. One of my favorite patterns is beginning to take shape and it may be signalling another big move soon.
Continue Reading -->
Traders are always trying to determine whether they should rely on a simple or exponential moving average, but Sami Abusaad believes that simple is always the way to go. In this video, Sami explains: – Why traders shouldn’t use both simple and exponential moving averages – When the 200 ma is strongest – What you should do when a chart drops to the 200 ma on multiple time frames – How to use the 200 ma with gaps – When the 200 ma signals a buy or sell opportunity
Continue Reading -->
Find yourself getting spun around trading too much on a day when the market is choppy and/or consolidating? I have a rule I use to help me gauge when to be more active or less active during the day.
Continue Reading -->
Utilities, REIT’s and Staples – they aren’t worth trading right?? Well, not exactly – there can be some great option setups on the boring yield sectors.
Continue Reading -->
In a little over a week, the market saw a big sell-off, followed by a rebound. This week could prove to be a turning point, so traders should be cautious. In this video, Sami explains: – Which sectors are showing weakness in 2020 – Why he thinks the market could pull back soon – How traders profited from Bitcoin – What ANAB could do on Monday – Which pattern makes CDLX look strong
Continue Reading -->
We are through the heart of earnings season but there are still many volatile names scheduled to report. Expect a busy week of Software and Tech prints.
Continue Reading -->
A setup can be great but that doesn’t mean the move will happen according to plan. PTON was one of the more interesting trades this week but the stock is having a smaller than expected reaction to earnings.
Continue Reading -->
If you follow me, you know my weekdays are long. I’m up at 4:45 a.m. ET because I have so much to do. Trading is a full-time job, and it’s a hard one that takes a lot of energy. But that’s not all I do. I also write a 1,200+ word Morning Note and record videos for Redler All-Access subscribers. I manage two active Twitter accounts, and I broadcast live on the VTF. Plus, I have to get to the gym every day, and of course — spend time with my family. So on Saturdays, I do what I call “feeding the brain” with videos that re-energize me. Here are some of my favorites. It all starts with the classic “Why Do We Fall” compilation: And you probably know I love Rocky. Here’s a memorial to the great Burgess Meredith, who played Rocky’s trainer Mickey: And here is Admiral William H. McRaven’s University of Texas at Austin 2014 Commencement Address: This is the Death Crawl Scene from ‘Facing the Giants’ — a testament to the importance of doing your best. Ray Lewis tells he story behind his #52 jersey number, and the power of effort: And finally, here’s a video not many people have seen. It’s a tribute to Spartacus, as played by Andy Whitfield: And if you want to feed your brain with some trading information, here are two options: My Free Moving Averages eBook My interview with Investor’s Business Daily:
Continue Reading -->
The correlation calculator is an awesome free tool that is very helpful during earnings season. I use this for specific trade ideas and hedging also.
Continue Reading -->