More and more stocks are flirting with all time highs. Today's trade has all-timers in sight, as well as a possible Hundred-dolla-roll -- two things that make me incredibly bullish.
With Bitcoin holding high in the 107-108K neighborhood, above last year's resistance, it feels like the stage is being set for another crypto bull. Not just for bitcoin, but for many of the so-called "alt-coins" as well. And today's trade is in the...
I first cut my teeth as a high-volume, intra-day stock trader.
My earliest trading lessons came from staring at charts, watching price levels, and learning (often the hard way) how momentum behaves. I became obsessed with breakouts, pullbacks,...
This past week, I sat down for an interview with the author of Options Trading for Dummies, Joe Duarte, and my friend Jason Perz. We covered a wide range of topics geared toward helping newer traders get more comfortable with options. But...
The banking sector in Canada is vastly different than the U.S. For one thing, there are far fewer of them! And there's really only a handful that matter.
One of those that matters is currently doing something that matters -- it's breaking out to...
While most of the heavyweights have already reported their quarterly earnings, there are still plenty of names left on the docket. And as always, earnings reports can be a powerful catalyst.
Today's trade is in a $39B leading provider of software solutions for the global life sciences sector that is on the verge of breaking multi-year highs with an eye towards making a run at all-time highs.
Like the rest of the All Star Charts team, I spent last week in New Orleans. It was hot. It was muggy. But the food—oh man, the food—made it all worth it.
I think I hit all the cornerstones of New Orleans cuisine:
I talk all the time about how the options market makers are not stupid. Options are priced the way they are, when they are, because options market makers know what they are doing. Usually.
But once in a blue moon, they can get caught sleeping....
Going to keep this post short today. I'm writing live from the Portfolio Accelerator event in New Orleans. Our friend Riley Rosebee is presenting as I'm typing and he is talking about stocks in companies The Jetson's would invest in.
Today, I’m headed to New Orleans for our tri-annual Portfolio Accelerator event.
There’s always been something about this city that resonates with me—not just the food, the music, or the unmistakable soul of the French Quarter—but its...
Stretch your legs and call this THE RE-AWAKENING TRADE. Implied volatility is through the floor in today's name, as traders have been bored to sleep on this former high-flier, making long-term calls cheap and a great potential reward-to-risk.
My gut tells me the odds of a pullback in the markets are increasing. And the next pullback in the direction back to recent lows will likely come with a lot of noise. There will be lots of shouts about "retesting lows," from some camps, and other...
In trading, we’re taught early on that risk management is everything. “Use stop losses!” they say. And I agree. But what I’ve come to learn—especially when trading options in volatile markets—is that stops aren’t always about a precise line in the...
Today's trade is a similar trade to the one I did in Kingsoft Computing last week. It's a bet on a previous highfligher, who had it's legs kicked out from under it during the recent market turmoil, that appears to be setting up to resume its former...
In the spring of 1998, I was six months into my first job out of college—a mutual fund and insurance salesman for MetLife. The people were kind, and my boss was supportive, but it was a terrible fit for a 22-year-old fresh out of school. Nobody wants...