Thursday and Friday both had narrow range days, which means there are two things that the market could do this week. Sami will show you what to expect, including why he thinks we could be in the early stages of a bubble. In this video, Sami explains: – Why he isn’t crazy about gold – […]
Continue Reading -->It’s a huge week of earnings. Tech heavyweights, Restaurants, Industrials…you name it. Expect a busy stretch of news.
Continue Reading -->“It’s not really work It’s just the power to charm I’m standing in the wind But never wave bye bye.” — David Bowie, Modern Love “Some in clandestine companies combine; Erect new stocks to trade beyond the line’ With air and empty names beguile the town, And raise new credits first, then cry ‘em down; […]
Continue Reading -->What is Tesla’s (TSLA) fate? Mark Melnick answers: In this video, Mark shares: -Why this rally is different -Why he believes Tesla is undervalued -Who the real traders are in this world -The reason you must harness your thoughts on politics
Continue Reading -->Thursday was a good day for Hit & Run members. We put wood on the ball in long plays in FUV and UPST and POSH short. Let’s take a look at the setups. On Thursday’s open I called an audible on FUV long on the Hit & Run private Twitter Feed. The following daily FUV shows a pretty Cup & Handle […]
Continue Reading -->I like to trade newsy style moves during the day as a way to generate short term cash flow. TWTR is a nice example of how I approach those newsy day trades.
Continue Reading -->“You should have seen me with the poker man, I had a honey and I bet a grand, Just in the nick of time I looked at his hand.” Paul McCartney, Junior’s Farm Readers of the Hit & Run Report know that 3860 SPX is a number we’ve had on our radar all year. Yesterday, the SPX […]
Continue Reading -->Interactive Brokers (IBKR) reported skyrocketing trading activity. Mark explains how Covid-19 created this trading mania. But are traders overtrading? Probably not. Find out why: Mark goes over: The impact of fiscal stimulus on traders Why so many people turned to stock trading What’s really holding the market up
Continue Reading -->Meet Kira Turner, the newest moderator in the Inner Circle room on the Virtual Trading Floor©. Kira is a full-time professional stock and options trader based in Austin, Texas, where she lives with her three children and two dogs. She traded at Cornerstone Trading from 1994-2001, and reentered the pro arena in 2018 after managing […]
Continue Reading -->Each earnings season will play out slightly different, but this quarter is showing some parallels to July/August and that is great news for one of my favorite strategies…the ramp into the report.
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