Things have slowed down a bit this week with earnings season starting to come to a close. Still some reports coming out, but the bulk of the juicy ones have announced already. The good news is that the overall market volatility has increased the past few weeks, and continued into this week. Leveraged ETF’s like …
An exhaustion gap is a critical concept to understand when trading stocks at the market open. A gap refers to a stock that opens above or below its prior closing price. An exhaustion gap is different from most gap ups or gap downs in that it quickly reverses from the direction the stocked gapped in. …
Read moreExhaustion Gap Definition: One of the Most Powerful Reversal Setups
Another week that defies the “slow summer trading” stereotype. Many great earnings plays, explosive biotech catalyst, and even small-cap runners! Here is a recap of some of the day trades I took this week. The good, the bad, and the ugly! $CRWD, $ALLK, $SOXL Papercut, $OSTK Scratch $CRWD On Monday, the overall market had just …
Market pullbacks are inevitable. No matter what you trade, nothing goes straight up forever without pullbacks or crashes. This week have seen a large pullback in the US stock market, and I see people panicking and making the same mistakes every time. When you have the right rules and training, days during a market pullback …
This week was the best trading week of the year hands down! With multiple news catalysts affecting the market (Fed meeting and tariffs), and being the peak of earnings season, there have been a plethora of trading opportunities every single day. So much for slow summer trading! You may want to pullup the intraday charts …
The short sale rule is one of the most pointless rules in the stock market. But you have to understand what it is as an active stock trader, as it has a big effect on how a stock trades once it gets triggered. Today we will talk about what SSR is, how stocks tend to …
Read moreHow to Trade Stocks with Short Sale Restrictions (SSR)