MARKET SUMMARY (4/6/20) – STAY NIMBLE
Stop me if you’ve heard this one. COVID-19 is going to get worse than everyone is expecting. The economic data has yet to show all the damage. Earnings are about …
Stop me if you’ve heard this one. COVID-19 is going to get worse than everyone is expecting. The economic data has yet to show all the damage. Earnings are about …
Take a deeeep breath. What a month. Seriously, let’s all step back and try to digest what a crazy month it’s been. The market has been historically insane. But the most insane …
Are we there yet? With every new low, every trader’s itchy trigger finger gets more and more anxious. Bullish or bearish, everyone seems to be looking for at least a …
I think I used the word historic to describe the market in last week’s e-mail. Well, just when you thought it couldn’t get wilder, it does. By any metric, what we’ve seen …
Are we having fun yet? Some might think that the wild market fluctuations and extreme volatility would make my analysis longer, that I’d have much more to say. Actually it’s …
Last week’s e-mail was titled “Time for the bears to eat.” Wow – did they ever. A truly historic decline. Every few years the market does something no trader has ever seen …
Here’s where it gets tricky. You won’t always be on the right side of a trade, but when you are, you have to navigate greed and discipline – when to …
Go with the flow. That’s generally my motto when trading. If you follow my trading long enough, you’ll see that my style tends to be fluid, unstubborn and emotionless. Or …
If I squint, I can start seeing bearish signs. We’ll see if they’re real, or just another headfake. Even though the SPX continues to chop around near its all-time high, …
Is this the beginning of the long-awaited market pullback? Well, as most of my regular followers know, the more “long-awaited” something is, the more skeptical I am. It was a choppy week …