When a stock is following a specific trend, many traders assume that it will continue to follow that trend for a while, barring some external impact (like a new headline or an earnings report). But the stock may also face a retracement or a pullback, where the activity breaks out of the trend. Master trader Sami Abusaad takes a look at which stocks could have a change in movement and how traders can anticipate those changes. In this video, Sami explains: Why he’s going to continue calling SPY “all-out bullish” What happens when a stock grinds up When you should expect a pullback What he likes about ANAB How to determine an entry price based on a moving average
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I’m not a huge fan of following unusual option activity, but there are definitely a couple scenarios when I love to see it. Stocks working on critical technical levels/set ups is one of my favorite times to watch for it, and AMD is a great recent example.
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Options are a great tool to help hedge positions/portfolios and SPY and QQQ are the go-to names for me. With volatility possibly creeping back into the market, it’s a good time to revisit some key hedge ideas.
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The Strategic Day Trader Lesson Series is designed to give traders a comprehensive start-to-finish understanding of technical analysis. It’s suitable for both short- and long-term traders, including those who follow the market for the entire day and those who can only dedicate as little as 30 minutes per day. In this video, Sami explains: How minor support helps increase the price of a stock What professional traders should understand about points of resistance His favorite breakout pattern of all time Why stocks should stick to the 40%-60% zone Why the 200ma and 20ma command huge respect in all time frames
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If you buy options with 1,2,3+ months to expiration, do you ever feel the need to hold just because you have the time? That’s not necessarily a good way to approach the longer term contracts.
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XLE or CVX, XOM? XLF or JPM, C, BAC? I have a simple plan to know when I want to go with a sector ETF or an individual stock.
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In an earnings season that has been a bit difficult, being able to adapt to market moves is essential. Adaptability will help you to be successful in any market environment. In this video, Sami explains: Why technology means that traders need to be adaptable What CPG needs to be ready to go Why his short ideas look better than longs Why the price of the stock doesn’t matter What his biggest mistake of the past month was
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The heart of earnings season is now behind us but this week we will start to enter the Retail portion of the quarter. Also, expect some heavy weight Tech reports later in the week.
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I always get a ton of questions whenever I talk about or trade call/put flys. They are an interesting options strategy but they definitely can present some challenges.
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We are about to enter a crazy stretch for Biotech catalysts , with multiple massive readouts expected soon. I will talk about some of the names I’m watching and what’s expected.
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