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Author: Erik Solomon

Being Prepared for the Open

As anyone who has been trading this market recently can tell you there has been a lot of chop and very limited opportunities.  Most days the market goes into a range and the volume falls off.  But even with this lack...

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Catching A Falling Knife?

Since January 27th, Qualcomm Inc. has plummeted from $47.31 to $35.46. This is a drop of almost 25% in just over a month. Qualcomm Inc. specializes in the development, design, manufacture and marketing of digital wireless...

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Making Money When its Available

As traders we are always looking for our edge.  Whether its 5 hours or 5 minutes we need to constantly be prepared.  This preparation starts in the morning with formulating a plan for the day.  What...

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Planning for the week to come.

Last week the SPY rallied 4 days on average volume and found resistance at its 50SMA on the daily chart. It closed near it’s 61.8% retrace fib level from the lows made at 104.58 on 2/5. So the SPY has two major places of...

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$$$ NYC Trader Expo $$$

So I’m in Time Square and there are lights flashing all around on giant TV’s while news scrolls by endlessly. It’s 7:30am on this chilly President’s day and I’m on my way to the Marriott Marquis at...

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Increased Volatility

Since the beginning of the year Keystone traders have been met with increased volatility in the market.  The Vix has gotten close to trading into the 30’s and this has caused many traders to get frustrated with...

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