Iron Condors have been the buzz lately on my social media. People have discovered or re-discovered them because they are WORKING now! But should traders keep using them without knowing WHY they are working? If you are getting into Iron Condors you MUST watch this to understand the key metrics professional options sellers look at when placing their...
The market is slowly creeping up to new All Time Highs. The question people keep asking on my social media is "what should we trade NOW?" The answer is... probably nothing. Now is the time for research and setting yourself up for GOOD trades in the near future and I talk about HOW and WHERE to do this. In this video I use NASDAQ:DKNG as a meme stock example.
SPY held the 385 Support which was the Ichimoku Kijun Sen which is the 50% retracement of the move of March. I would expect a retest of the ATH (and a possible break) coming.
I'm back... from my social media ban and from a great vacation! I wanted to follow up on my last few weeks of videos and update everyone on what I think the market is doing!
The stock NASDAQ:GOOG is relevant to this video because they terminated my channel with very little reason. No warnings, strikes, or any further explanation. My heart is in my stomach and I just wanted to share my thoughts today. I won't stop making content to help people become better traders. This is just a setback in my goal to reach people with actually...
Some traders are already bragging about their gains on the recent dip buy but I am remaining patient for my ideal level. If you follow my videos you already know what that level is. In the meantime while waiting for the market to come to my criteria there is a strategy traders can use to play TSLA stock without owning shares, receiving a return on capital, and...
A few days late to see this but in line with my thesis on Consumer Staples being the next sector to perform in the market NYSE:DG hit a long term 50% retracement level support around 175. I would be looking at this to retest the high in terms of price action. Unfortunately even at this level the dividend yield is rather low (0.79%).
The meme stocks ( NYSE:CCL , NYSE:RCL , NYSE:NCLH ) in Cruise Lines have finally recovered but are they now a SELL? These stocks are coming up to a key Ichimoku Cloud Resistance level that traders and investors should pay attention!
This is a followup to my video about the Bitcoin Cash and Carry arbitrage trade. When I made the video the premium on December futures was over 21%. It took a dive on the last down move of Bitcoin and has now settled around 15%. If people were paying attention they could have locked in the value of FTX:BTCUSD at $57,000 PLUS captured that additional 6% difference!
Recent market sector rotation coming out of the COVID crash has confirmed Sector Rotation theory. I made this video to give viewers a brief introduction to the theory and provide some actionable investing ideas based on what Sector Rotation suggests will be the next stocks to potentially outperform. Sector Rotation theory suggests that from market bottoms the...
This morning I am putting on positions in NYSE:PG and NYSE:JNJ as long term holds. They both fulfil my thesis that if Sector Rotation theory holds the next sectors to outperform should be Consumer Staples and Healthcare. Both companies represent these two sectors in ways. I like their chart patterns as they are right now within pullbacks. These are also...
This morning I am putting on positions in NYSE:PG and NYSE:JNJ as long term holds. They both fulfil my thesis that if Sector Rotation theory holds the next sectors to outperform should be Consumer Staples and Healthcare. Both companies represent these two sectors in ways. I like their chart patterns as they are right now within pullbacks. These are also...
I wanted to put out a quick Bitcoin price action update on this pullback. YES BITSTAMP:BTCUSD is in fact at a major 50% retracement level from the ATH. If you were looking for a smart buy this could be an opportunity. HOWEVER, you must consider the further pullbacks that are possible and what they mean for the long term bullish trend of Bitcoin.
This is EXACTLY what I said would happen on NYSE:GME in my video a few weeks ago. This is NOT a chance to get ALL of your money back! This is NOT a chance to make sick gainz back to the high! This is a pump that comes out of maximum boredom and is your last chance to recover SOME losses. Play it wrong (and ignore the long history of these EXACT SAME...
I had a great question on my social media about my last video idea where I talked about simplifying Ichimoku to 50% retracement levels. A long term study of NASDAQ:AAPL over the last decade shows how powerful waiting for these retracements can be to finding great investment opportunities. In this video I talk about properly structuring a trade around the 50%...
Took a short this morning on the spike at 50% retracement on NYSE:CNC
BITSTAMP:BTCUSD has retraced from the low it made off the last ATH to a 50% retracement level of the move. Some traders are shorting this and it is a logical choice. Traders can know that their risk lies just above the 50% in the 53k-54k range. Breaching this stop range would likely lead to a retest and possible break of the high. Holding this level is a sign...
I've been a student and trader of Ichimoku for over 8 years. It has been the foundation of my trading strategies which have evolved over time. A few years ago I wanted to simplify my charts so I distilled down the essence of the indicator to 50% retracement levels. In this video I show examples of using either Ichimoku or it's fundamental premise of retracement...