Why Gaps Matter to Me, and Why They Should Matter to You Too
Sami Abusaad | Black Room LessonsToday’s video is about why gaps matter in trading. We analyze today’s gaps and show the power behind these moves, what they mean and how you can profit from such opportunities.
Continue Reading -->Breaking Down Options Strategies for the Big Banks
Options in PlayOptions Trades with Kurt Capra & Daniel DarrowToday’s video is going to talk about recent action in BAC and the Big Banks and how it’s shaping an options strategy for C.
Continue Reading -->Can IBB Power Even Higher From Here?
IBB has been in close focus for Redler All-Access this week. On Monday, I told readers this: The bios held in well and perked up as IBB held $115 and cleared $117. Perhaps this week it gives a better move above $118.40 towards the $120 highs. We’ll look for clues. I ended up getting long during the day as it cleared the $118.30 area. If that level holds, I’ll try and stay in. In time, it seems like it should clear $119.78, then $120.06 for more upside. So keep those levels on your radar.AMD (AMD) has been another big name for us. It’s been a great vehicle in 2018 and hit short and longer-term objectives fast. It’s been very extended and I got short earlier this morning. I’ll proceed carefully with it.If we’re talking AMD, we should cover NVDA too. There was a big Red Dog Reversal buy signal last Monday around the $243.73 pivot. It also had power to clear $263 and hit $278.90 yesterday. I would not chase it here. Maybe it gives a cute short opportunity but I’ll proceed carefully in any case.
Continue Reading -->The Stocks I’m Watching for Today, and Why I’m Leaning Short
Sami Abusaad | Black Room LessonsToday’s video provides an analysis of the current market as well as a review of some swing and day trade ideas for today, August 28.
Continue Reading -->The Good, the Bad, and the Ugly of Today’s Trading
Sami Abusaad | Black Room LessonsToday’s video provides an analysis of today’s trades as well as those from prior days. We also review a few swing setups for tomorrow.
Continue Reading -->When Red Dog Reversals Signal an Igniting Market
Last week I was at the beach, trying to manage my long trades while catching some waves with the family. Things were great on both fronts — I had a great time on my trip, and the market gave us a lot of good trades. The action showed how you didn’t need to be watching the market 24/7 to catch the big waves. At the very least, two big Red Dog Reversals on Monday should have had you looking for long opportunities. Let’s start with the first: On Friday 8/17 Nvidia (NVDA) gapped down big after hit after earnings…. and then Monday 8/20, it roared back to life with a Red Dog Reversal around the $248.73 pivot. It reclaimed all moving averages, filled the earnings, gap, and it’s sitting at record highs this morning.Netflix (NFLX) also started last week with a big Red Dog Reversal signal. It’s gapping up over $374 this morning as it climbs further out of the earnings penalty box to reclaim the 8 day.AAPL has been good to us with a big move from $197 to $219.18 in a month. Last week, it consolidated while the SPX made new highs. I re-entered vs. the $214.50 area. I would like to see it get and say above $217.20 for a move back to the highs and perhaps $220+.TWTR has not been a barnburner, but it hit a high of $34.74. We’ll see if it can hold $33.50 this week to keep working towards the $37 gap area. But I’m not trying to add on strength – I’m looking to possible trim some and buy some back on a dip.
Continue Reading -->Why Consistent Profitability Starts With Consistent Trades
Ryan Tonking | Black Room LessonsConsistent profits start with consistent trades. Here’s a question; If you showed someone else your recent trades would they be able to find any consistency? My trading used to be all over the place, but then I got focus, disciplined, and thus, consistent.
Continue Reading -->Why We Didn’t Play BABA Into Earnings
Options in PlayOptions Trades with Kurt Capra & Daniel DarrowToday’s video is going to talk about BABA. Our swing expired last week and we will discuss why we decided to not play it for earnings. Also, check out our webinar replay + limited time 50% deal for Options in Play. Includes 3+ hours of video training — https://www.t3live.com/blog/options-in-play-webinar-replay/
Continue Reading -->Sami Abusaad Swing Trading Intensive – LIVE!
Sami Abusaad | Black Room LessonsCheck out Sami Abusaad’s LIVE swing trading intensive!Sami goes over why traders need to see the big picture when swing trading — the same old patterns like “bull flags” and “cup & handles” are not enough to make money!Then, check out the T3 Live Active Trader Summit LIVE in October.
Continue Reading -->The Gaps I’m Looking to Trade Today
Sami Abusaad | Black Room LessonsToday’s video provides an analysis of the current market as well as a review of some swing and day trade ideas for today.
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