Is the Market Breaking Out or Breaking Down?
On Wednesday the SPX gapped up to a new high for the move and nose-dived. From Wednesday’s recovery high of 2918, the index pulled back to close at 2895.91, near session lows. In so doing, the SPX carved out a signal reversal bar in the spirit of a Key Reversal Day. I say ‘in the […]
Continue Reading -->Scott Redler: Pinterest, Zoom, Lyft, and What’s Next
On Thursday, I appeared on the TD Ameritrade Network with my friend Nicole Petallides to discuss the big Pinterest (PINS) and Zoom (ZM) IPO’s. (click the play button to watch)We’re going to talk about what happened on Thursday. But before we get into that, I want to lay out the main principle from my ‘Art of the […]
Continue Reading -->Newsbeat Live Show #315: Out of this World Wins on the Earnings Rocket
In his latest Newsbeat Live Episode, Mark Melnick walks through how he led his newsroom to out of this world profits. Mark previously gave QCOMM his highest conviction rating in 2019 so far, and guess what – he was on the money. His options in Qualcomm worked out spectacularly, bringing in 800% returns (!!) on […]
Continue Reading -->Silver Fx – Calculating Lot Size and Mastering Risk Management
Senior FX Analyst Austin Silver explains how to use ‘lots’ to calculate your proper position size when trading forex. Austin takes you through how they are measured and how to decide the lot size you will be working with. Are you on top of your risk management? Austin lets you in on the one thing […]
Continue Reading -->Strategic Swing Trader – Lesson 5: Understanding The Atomic Unit
Today, Sami give an essential lesson all traders must learn to win in their trades consistently. Did you know that the atomic unit is the only complete movement that can be made in the market? Every single chart goes through the same cycle of movement, hitting all four stages before repeating it all over again. […]
Continue Reading -->What You Need To Know About the Biotech Bubble Pop
In this video , Jeff Cooper looks into IBB‘s lower position. Interestingly, it was the Biotech Bubble pop in the Spring of 2000 that marked the top of a bull market. What does the action across the board in biotech and Wednesday’s Marque Massacre in high flyers such as TEAM, IONS, and PODD indicate? It’s […]
Continue Reading -->Change Your Mindset, Change Your Results
Today, Senior FX Analyst Austin Silver explains why mindset is everything – in trading and in life. Austin lays out how you create the reality around yourself with your mindset and move yourself forward by choosing to see the world a certain way. Plus, Austin gives you a secret tip on a mindset shift that […]
Continue Reading -->Newsbeat Live Show #314: Why You Should Throw What You Know About Earnings Out The Window
Today, Mark Melnick takes a deeper look into some of the first earnings reports of the season. He checks in on how his predictions on NFLX call went and explains how he plans to trade the name based on the available info. He also has some hot takes on the top names, including PEP, UAL, […]
Continue Reading -->Newsbeat Live Show #313: NFLX, IBM, QCOM: Our Overnights!
Mark Melnick dissects earnings on NFLX, IBM, and QCOM! How did his predictions play out?
Continue Reading -->Is The Urban Legend of Turnaround Tuesday Just A Myth?
Is there any backbone to the legend of Turnaround Tuesday? Not all Tuesday reversals are created equal… traders need to always be on the lookout for follow-through. Plus, Jeff checks on on which glamours are more fragile than they appear. Will they crack? And, Jeff gets to the bottom line: Even if Wall Street is […]
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