A move from 178 to 181 doesn't sound all that exciting. 1.5% isn't shabby for two days but you won't see that example in too many headlines. But when you use the right tools, like we did with GLD just a couple days ago, that 1.5% can turn into 50% or more. The key is...
Keith Harwood has been a steady flow of great tips on stocks that are setting up to breakout and that are not the ones most traders are looking at. We talked about the set up he spotted in LUV, and that was just one of a handful he has thrown our way. We were able to...
Southwest Airlines (LUV) has been more like a rocket ship than an airplane. Since the beginning of June, it has been on an absolute tear. Lucky for Market Wealth Daily readers, we were tipped off multiple times during the run. Even luckier for us we are going to be...
Even though it may not feel like it, the market has been on a solid climb since March. But that run is showing signs of exhaustion and creating some interesting potential trades. The first red light we see flashing is the spike in the VIX. When volatility jumps it...
The signs are there and now the jobs numbers and the Fed are poking a bear market to wake it up. We talked about it a couple weeks ago and the signals are just getting louder. After the last sign of a sharp move through the 10 day moving average, there was a snap...
Spotting strong momentum can be the key to unlock a stream of lucrative trades. If a stock is pushing hard it makes it easier to set up rich options trades as that move drives on. We spotted some solid momentum in IDRV not to long ago and it has landed on a bullseye....
If you have ever wondered why it is critical to wait for confirmation, the trade we looked at on Friday is a great example. "This will only work if we see a sharp move down today at the open." We definitely did not see that sharp move and the put trade opportunity...
On Monday we spotted a shift in TSLA indicating a potential reversal. Check it out here. It played out for a quick move but may still have more to offer. Let's take a look at the move, how we spotted it and what to watch next. Here is an updated chart. TSLA is a high...
A critical pivot point is being established on Disney's chart. After taking a brutal beating all through 2022 it has been fighting to find support and have set up a level that could indicate a very big next move. As stocks get pulled by those expecting them to go...
A couple weeks ago we looked at a biotech stock PODD that we watched on the way down and spotted a reversal. You can check out the article here. We noticed that it had found support and confirmed a reversal. The giveaway was our favorite indicator, the MACD Crossover....