Kunal Desai How to Trade Intraday News Event We’ve talked before about how to trade stocks that are making big moves in the morning due to a news-based catalyst, like a new product offering or strong earnings. In fact, many of the momentum stocks we trade fall into this category. But sometimes, big news hits during the …
Flat day in the stock market today. That seems to be the norm the range has been very tight for weeks now. Part of that is seasonal as we are in the dog days of summer. Part of it is technical as we had a huge thrust to new highs and now are digesting the …
Long before there was a Bulls Bootcamp, there was the Bulls on Wall Street chat. It was this chatroom that first gave me the ability to share my trading alerts and help day and swing traders everywhere perfect their craft. Of course, over the years we’ve taken that simple little chat and added an incredible …
Second Day Play If you are trading momentum stocks on the first day only and then walking away, you are leaving a lot of money on the table. A stock with momentum will often run for several days. The best ones — usually those with a strong fundamental catalyst like an earnings beat — can …
Parabolic Short Trade Setup This week we made a great parabolic short trade in $YY. YY is a volatile stock, with a crazy history of ups and downs. Over the last couple of months, it has made a significant run from $30 to over $50, going “parabolic.” Whenever a stock runs so hard that quickly, we …
Have you ever identified a killer pattern, traded it, and then had it fail unexpectedly? It might be because of the time of day. The trading day is divided into three periods: OPEN: The first two to three hours are characterized by powerful moves. During this period, the market is all about price discovery. Stocks …