Thanks for all the great comments and emails.

I'm glad to hear how well you guys are doing in this environment.

But keep in mind...

How great it is that we can change our minds and take decisive action immediately?

As traders in the financial markets, if our spidey senses detect that something is amiss or conditions have changed, we can often liquidate our positions and...

There are stocks going up and there are stocks going down.

I'm old enough to remember when we would all call that normal.

The...

You certainly see it in life - the losers usually continue to lose. And winners win.

It's the same thing in the stock market. Winners tend to keep on winning, and the...

Bear markets are infamous for their counter-trend rallies.

Breakouts fail, and the charts are painted with false moves.

Throughout this bear market, traders have bought the breakouts to then dump the next day into an illiquid tape.

I understand the theories about Crypto Currencies being a scam.

"The whole thing is about to fall apart", they tell me.

We continue to be handcuffed by earnings season. Some of the best setups we like right now are in stocks slated to announce earnings over the next week or two. As an options trader, I don't like to position ahead of imminent earnings announcements....

This is still the one folks.

I've been in the camp that we're only getting bull markets in stocks around here if the Dollar is falling.

I was talking with a relatively new day trader last night at my twice-monthly trader meetups here in Colorado. We were chatting about stop losses. Or more specifically, his inability to stick to his “mental stop loss levels.”

As you can...

Many stocks are no where near their all-time highs.

The S&P500 still needs to rally 25% just to get back to its former highs. And that's after the 10% rally that we've...

How do we know if we're in a bull market or not?

Generally speaking, more stocks are going up than going down in bull markets.

And sure, there are a lot of different ways to quantify it, but this is really the gist of it: Are more...

Where is the defensive rotation?

I was told US Stocks were in a bear market.

For those keeping score at home, the NYSE new lows...

Why are you an investor?

Have you asked yourself that recently?

Why do you take time out of your life to enter into the arena...

I'm old enough to remember when stocks would go up for multiple weeks at a time.

They used to call those uptrends where I'm from.

Wednesday night we held our October Mid-Month Conference Call, which Premium Members can access and rewatch here.

In this post, we’ll do our best...