Why This Low-Key Bull Market in Tech Stocks Is Likely to Come Crashing Back Down
We’re looking at a low-key bull market in some mega-cap tech stocks that’s a little bit erratic and throwing people off… And I think things could start coming back down to earth as early as next week. So let’s take a look at some big macro trends so I can explain… The...
Why I Don’t Like Averaging Down in Losing Trades
Last week, I covered some of what I consider to be the most deadly trading sins. These sins won’t kill you, of course… But they can absolutely kill your trading account and should be avoided at all cost so your portfolio can live to trade another day. And today I’d...
Somethings’s Gotta Give: The Most Interesting Data Point in the Market Right Now
The stock market is closed for Good Friday, and it’s been a bit of a strange week of trading on very light volume and bad flows. For those of you who don’t know, short trading weeks like this, a lot of the big boys — institutions and Wall Street fund managers — take...
Make More Money Trading By Avoiding These Deadly Sins
I used to have a mentor who would always kid around… “Rule No. 1,” he’d say, “don’t lose money. “Rule No. 2, don’t f’ing lose money! “Rule No. 3… see rule No. 1.” It’s not realistic, of course, because every trader loses money at some point. But once you get it...
Oil Could Go Parabolic, and I See 100% Upside in This Stock — in 1 Year
It’s the end of the week and quarter, and it’s been an interesting Q1… It’s been a bit of a bumpy ride, but the Nasdaq keeps rolling higher. We’re also not totally out of the woods yet in the banking crisis… which a lot of people think we are judging by the recent...
ROKU, TQQQ, WMT: Our Top Trades This Week and Why It Pays to Fade Analysts
One of my favorite ways to trade is by fading analyst calls because they’re always so far behind the curve. In fact, I have an entire trading strategy built around going against what analysts say, One Eighty Alerts…. On Monday’s edition of Crush the Open, which you...
How I’m Making Bank on the Latest Banking Disaster
I’ve been warning how bad things could get for banks since the end of 2022… I went so far as to say it will be the worst sector in the market in the first quarter of 2023. Well, we’re five trading days away from the end of the first quarter and… That’s the Financial...
For My Money, This Is the Best Active Trading System Going
You’ve seen how volatile the market’s been for the past year or so, and that volatility isn’t going away any time soon. So it’s critical to have a “trader’s mindset,” and be active in managing positions. Active trading is where investors try to beat the market by...
The Banking Sector’s House of Cards
I’m out spending time this week with my family for spring break, so I’ll keep it brief today… Filling in for me again on Crush the Open was Jack Carter, who always brings his A-game — and a nice cigar. This morning, Lance and Jack covered the banking sector, which...