How Stock Market Trends Bend… and Eventually End
Sami Abusaad | Black Room lessonsIn the stock market, what seems low often goes lower, and what seems high tends to go even higher. That is because trends, especially on larger timeframes, rarely end in a casual fashion. The end is often dramatic and usually results in a climactic move that “exhausts” the trend. But, not […]
Continue Reading -->Sami’s Swing Trading Blueprint – December 10 – 14
Sami Abusaad | Strategic Swing TraderThis video provides an analysis of the current market environment as well as a review of several swing ideas for next week.
Continue Reading -->Where the Market Rollercoaster May Go Next
The Square of 9 Wheel told me to key in on the 2634 level on Thursday. The SPX skidded just below 2634 early in the session but as we tweeted, if it reversed back up through the morning low it would trigger a little Jack-Knife long. It did. And, it wasn’t so little. Down as […]
Continue Reading -->Options in Play: Catching Up on Research
The markets are closed today so it is a great time to catch up on research. I’m going to talk about a couple sites I use for building my game plan for upcoming trades.
Continue Reading -->Million-Dollar Secrets for Making Money on 1-Day Collapses
In this video, I walk through why we stated in Tuesday morning’s DMR why a move below 2760 SPX could see the market panic again. Indeed the SPX, once the gap from Monday at 2760 was offset, a Rabbit Hole decline played out with the SPX sliding another 60 points to 2700. My number one […]
Continue Reading -->Options in Play: The G20 Crunch
Expectations matter when you are trading options and today is a great lesson highlighting that. SPY option prices were sky high for Monday expiration which made it tough to capitalize on the large move.
Continue Reading -->How to Succeed At Trading Without Being a Chart Wizard
Sami Abusaad | Black Room LessonsMost traders erroneously believe that learning a few chart patterns will make them successful. However, if trading was just a matter of memorizing a few patterns, most would be successful as the Internet is inundated with chart patterns. However, trading requires an intimate knowledge of various things that may have […]
Continue Reading -->Is December Melt-Up Time?
“Big circles and little circles, old circles and young circles, past circles and future circles, will all come together and square-out in time.” -W.D. Gann Equity markets dropped sharply in October in keeping with a consistent 2-year cycle that projected at least a 10-15% decline, fulfilling our expectations for a Red October. The structure indicates […]
Continue Reading -->Sami’s Swing Trading Blueprint – December 3 – 7
Sami Abusaad | Strategic Swing TraderThis video provides an analysis of the current market environment as well as a review of several swing ideas for next week.
Continue Reading -->Is a Bullish One-Two Punch on the Way?
As we offered earlier this month, sooner or later the Fed would blink and gold would wink. Sooner or later the Fed was going to come to the rescue of the bulls. After all it is the banks that are their constituency. The Fed saying it was concerned about the economy slowing was good enough […]
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