False Moves Lead To Fast Moves, A Deep Dive in the Q’s
We’ve been flagging the large range reversals since last week in many key marquee growth names. These include: TWLO’s Gilligan buy signal on May 11. ZS’s Gilligan buy signal also on May 11. SNOW left a Gilligan on May 11. Ditto ENPH. A Gilligan is a signal I created and showed in my Hit & Run books […]
Continue Reading -->Options In Play – When To Revisit A Failed Trade Idea
When I get stopped out of a swing trade, I don’t always write it off and stop watching the action. If I see the stock set up well again, then I may revisit it, albeit usually with lower risk.
Continue Reading -->Trading Torpedoes, The Most Explosive Day Trading Strategy I Have
After 35 years of trading, I can say that the biggest trading tell is a stock that shrugs off a market under selling pressure. These stocks are saying, “Damn the torpedoes, full steam ahead.” Let’s take a look at two actual examples from the Hit & Run private Twitter feed on Wednesday, SNOW and UPST. Stocks were getting […]
Continue Reading -->Options In Play – Trends Don’t Change In A Day
Many of the beaten-up EV, SPAC, and Solar stocks had strong sessions today, but it is too early to tell whether this was an oversold bounce or the start of a bigger rebound. Time will tell.
Continue Reading -->Where Is Bitcoin Going?
Gold saw a face ripper rally on Monday as Bitcoin sank to a new low for the move. The exuberance over Bitcoin as it popped to near 65,000 this spring was matched by the weariness of the gold bulls in late March. What a difference a few weeks can make. Be it hook or crook, it seems […]
Continue Reading -->Gold Gorilla Rings the Doorbell
“My calculations are based on the cycle theory and on mathematical sequences. History repeats itself. That is what I have always contended, — that in order to know and predict the future of anything you only have to look up what has happened in the past and get a correct base or starting point. My […]
Continue Reading -->The Most Important Quality for Traders
Last week SPY was looking bearish, but it’s already reversed most of the move down. QQQ and IWM are looking shaky. What quality will best serve your trading in the foreseeable future? In this video, Sami explains: – How IWM is similar to Bitcoin – What every trader’s goal should be – Why he’s going […]
Continue Reading -->Options In Play – Earnings On The Radar Week Of 5/21/21
As we head into mid-May, earnings season takes a turn towards Retail. Expect big reports from WMT, HD, and TGT among many more.
Continue Reading -->Why A NAZ Turning Point Is On the Table
The NAZ struck an important high on February 16, leaving a Gilligan sell signal — a gap to a new 60 day high with a close near session lows. A quick 12% downdraft into March 5 ensued, followed by what looks like a return rally test failure on April 19. The idea of a false new high […]
Continue Reading -->Scott Redler’s Twitter Saga Is Over!
Good news! Scott Redler’s @reddogt3 Twitter account has been restored! Scott and his team have been overwhelmed by all the support and positive messages you sent us along the way. The way you supported us is the very definition of community. Now, we have just one favor to ask you. Please click the Tweet button below to send a […]
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