1) Boeing Soars Boeing (BA) flew higher today following their earnings beat before the open. Shares of BA hit an all-time high of $233.98 and closed up, 9.89%. Not only did BA beat estimates, helped by job cuts and reduced development costs, they increased their full-year forecasts. With BA at all-time highs, the question now becomes, […]
Continue Reading -->Wonder what traders are talking about today? We’re here with the top 10 stories we’re sharing with colleagues today, covering topics like:Twitter is no longer at death’s doorWhen Too Much of a Good Thing Could Spell Trouble10 Minutes For The Next 60 Years Of Your LifeAnd more! So check out these links right now and get up to speed: 1) […]
Continue Reading -->1) The Red Dog Nails JPM Our very own Scott Redler hit the nail on the head with JP Morgan (JPM) which closed up, 1.68%. Scott noted that, banks have taken a rest since earnings suggesting they may be getting ready to move. Click here to continue reading ===> 2) CAT Climbs While GOOGL Drags Both the […]
Continue Reading -->1) Moody Monday After opening weak and selling off on Friday, the Nasdaq was able to rally into the end of the day but still finished in the red. This morning picked up where the rally left off and closed up .17% ahead of GOOGL earnings after the close. Strength in Tesla (TSLA), Apple (AAPL), and […]
Continue Reading -->Last week I talked about why the CPI report was not the main reason for the dollar decline and that we would see continued follow through lower. In this video I discuss: What to expect now that the target area has been reached A look forward to how the FOMC may impact the dollar next […]
Continue Reading -->It has been a while since I provided the last update on my standing call that the US Dollar is headed towards the $24.50 level. So, with the NFP report released earlier this morning it felt appropriate to provide an updated video with how everything is shaping up, especially considering the NFP report beat expectations. In this […]
Continue Reading -->Over the last couple of weeks, I have detailed the action in the US dollar in what’s been an unusually news-heavy period. On Wednesday, the Fed decided to raise interest rates, which was not a surprise. They were also perceived as having a more hawkish stance, which is theoretically bullish for bank stocks, Treasury yields, […]
Continue Reading -->Last week, I posted a video that detailed the recent action in the dollar and where the charts said we were headed. This morning the Jobs report was released and disappointed. As a result, the dollar has weakened, in line with my prior analysis. Let’s take a look at where things are at and what, […]
Continue Reading -->Are you one of the many swing traders that takes the same level of risk notwithstanding the market conditions? Do you always trade “a thousand” shares just because that’s an easy number to remember? Do you have a hard time picking the best stocks for swing trading? I will discuss some finer points that might […]
Continue Reading -->On Wednesday, the SPX fell 1.8% — the biggest 1-day drop since September 2016. Some traders took advantage of the explosion in volatility. Others were dead frozen, like a deer in the headlights. That ‘freezing up’ usually means big losses. So how can you recover after a losing day? What do you do when you’re […]
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