Today's trade is in the metals space in a stock that is breaking out of a multi-year base.It has the potential to go on a monster, long-term run. But I'm going to play for the initial thrust which offers us the possibility of 7x-ing our money (or more...
We’re in that stretch of the year when seasonality makes holding long positions an act of extreme patience. The last couple weeks of summer often bring thinner volumes, and with fewer participants, it can feel like watching paint...
It's a bull market, but even here we can find stocks that aren't acting right and are completing tops.And I like the idea of having some bearish portfolio diversification, so today's trade is a bearish bet in a stock that looks sick to...
I’m in the very early stages of putting together something I’ve wanted for years: a tight-knit group of traders. Not the kind of group that swaps trade ideas, debates setups, or obsesses over the latest...
Today's trade is in a name that had a monster gap recently, has consolidated over the past week, and might be offering a gift of an entry today thanks to a 3% pullback.
This might be our last best chance to punch a ticket on this...
I've gotten a lot of feedback from yesterday's note. Turns out, there's a lot of Steve Poltz fans amongst you. I had no idea! If you missed yesterday's note, you can read it ...
In trading, we prize rational, mechanical thinking. We try to minimize emotion wherever possible — following systems and rules with robotic discipline to reduce errors and maximize returns.
Today's trade is in a consumer staple that has made fresh 52-week highs recently, is on the cusp of a breakout from a multi-year base, and has dirt cheap implied volatility in the options.
I source ideas from my usual places. I scan for my favorite setups. I assess where implied volatility sits to inform what type of options strategy might have an edge. I figure out how much...
I watched JC's monthly strategy session this week and he discussed some energy names, which got me thinking -- I don't have much energy exposure on the books.
So today's trade is in a name who's set up I'm liking the best right now...
Today trade is in a name that caught everyone's attention about a month ago with the news of some heavy hitters taking big positions in the stock.Since then, the stock has formed a high consolidation that is making it tough for short-...
If all we lived were consistently comfortable lives, we wouldn’t grow. It’s the challenges—the obstacles, the pain, the failures—that mold us. It’s the resistance...
There’s really no other way to say it. While the S&P 500 and Nasdaq have continued to print fresh all-time highs, day after day, my open positions have been quietly—and not so...
It sounds cheap. Fleeting. Like we’re all just passing little chips back and forth across the table, hoping we guess right. There’s no sense of purpose or direction in it. No long game. No value...