We definitely focus on more short term plays in our regular articles but we also need to consider how to balance out our investments and make sure we don't have all of our eggs in one basket. In addition to looking for income trades it is a good idea to have assets in...
On Monday we spotted a very attractive setup. In just a few days it nearly doubled. We used one key element to increase it's potential. Costco (COST) caught our eye on Monday as we were keeping an eye on stocks that would get a lift as consumer prices rose. You can...
As the economy tightens up, consumers are starting to look at more ways to save. Data shows some belt tightening but there is still a long way to go. An obvious option for cutting costs on staples are the warehouse clubs. Of that group Costco (COST) has been on a tear...
This week is a big one for tech earnings announcements and it could set up some big trades. To trade earnings or not to trade earnings, that is the question. We talked about that a bit last week in an article you can read here. If you are one to trade earnings there...
One of the toughest challenges of trading is to battle FOMO (fear of missing out). We'll spend hours searching for a pattern that we like and has worked well for us. We log on every morning with the hope of seeing things heading in the direction we want, visualizing a...
The build up to the earnings call yesterday was a nail biter. It really could have gone either way. If that uncertainty doesn't fit your risk profile, you aren't alone. A line can be drawn down the middle of all traders: trade earnings vs stay on the side during...
Markets are churning as companies release numbers on how they actually did in Q4. As this stirs the pot of potential trades, Keith Harwood jumped on a quick video chat with us to shine a spotlight on biotech where he has spotted some huge setups taking shape. He gave...
The SPY turns 30 this week and celebrated yesterday with a jump above its 200 day moving average. We talk about SPY regularly and it is one of the most traded ETFs on the market. It was originally created to offer an easier way to trade the S&P EMini future...
There is one key factor that will help you find the best way to trade a crazy earnings week like we are heading into. Earnings are a wildcard that can really disrupt even the most perfect chart pattern. You can look at a chart and check off a long list of...
Just when it looking like the market might have a fighting chance, Capitol Hill throws water on the fire with the struggle to navigate the limits it placed on debt. We have seen this before where big news creates fear in markets and the selling starts. Now we are...