Utilities, REIT’s and Staples – they aren’t worth trading right?? Well, not exactly – there can be some great option setups on the boring yield sectors.
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In a little over a week, the market saw a big sell-off, followed by a rebound. This week could prove to be a turning point, so traders should be cautious. In this video, Sami explains: – Which sectors are showing weakness in 2020 – Why he thinks the market could pull back soon – How traders profited from Bitcoin – What ANAB could do on Monday – Which pattern makes CDLX look strong
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We are through the heart of earnings season but there are still many volatile names scheduled to report. Expect a busy week of Software and Tech prints.
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A setup can be great but that doesn’t mean the move will happen according to plan. PTON was one of the more interesting trades this week but the stock is having a smaller than expected reaction to earnings.
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If you follow me, you know my weekdays are long. I’m up at 4:45 a.m. ET because I have so much to do. Trading is a full-time job, and it’s a hard one that takes a lot of energy. But that’s not all I do. I also write a 1,200+ word Morning Note and record videos for Redler All-Access subscribers. I manage two active Twitter accounts, and I broadcast live on the VTF. Plus, I have to get to the gym every day, and of course — spend time with my family. So on Saturdays, I do what I call “feeding the brain” with videos that re-energize me. Here are some of my favorites. It all starts with the classic “Why Do We Fall” compilation: And you probably know I love Rocky. Here’s a memorial to the great Burgess Meredith, who played Rocky’s trainer Mickey: And here is Admiral William H. McRaven’s University of Texas at Austin 2014 Commencement Address: This is the Death Crawl Scene from ‘Facing the Giants’ — a testament to the importance of doing your best. Ray Lewis tells he story behind his #52 jersey number, and the power of effort: And finally, here’s a video not many people have seen. It’s a tribute to Spartacus, as played by Andy Whitfield: And if you want to feed your brain with some trading information, here are two options: My Free Moving Averages eBook My interview with Investor’s Business Daily:
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The correlation calculator is an awesome free tool that is very helpful during earnings season. I use this for specific trade ideas and hedging also.
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I love having a game plan coming into the week for how I want to approach different companies reporting earnings. Things can change fast, though, and it’s always important to know when to walk away from a trade idea.
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Earnings season has brought some surprises and plenty of volatility. Two of the biggest names, TSLA and GOOG, have had major moves that traders could take advantage of. In this video, Sami explains: – Why he had to get out of his TSLA trade – What kind of entry he’ll look for today – How to find a novice gap in BYND – Why he’s not comfortable trading TSLA – Which patterns he looks for in GOOG
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News of coronavirus spreading around the world has dominated the media, and a lot of people blamed Friday’s big sell-off on the health scare. But Sami Abusaad believes there’s actually another reason why the market is selling off. In this video, Sami explains: – Why supply and demand dictates market movement – What happens when the market is ready to pull back – Why bearish news is good in a bullish market – When the news doesn’t matter for the market – How the media can harm a trader’s success
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The market took a major hit on Friday with news of the coronavirus spreading, and a lot of stocks closed at their lowest in months. Find out what to expect this week after such a big drop. In this video, Sami explains: – Why his prediction for last Monday was correct – What happens after a wide-range red bar – How he plays a 1-2-3 pattern – Where he thinks the market is heading – What pattern can be found in Bitcoin
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