I’m 95% cash for the weekend, and expect to get short on Tuesday. This is assuming, of course, that hurricane Katia (I pronounce it kuh-TEE-uh) doesn’t wash over Central Florida and knock out my...
Read MoreFirst let me start off by saying be careful not to jump on the “futures down big” bandwagon this morning when initiating short potions. Instead wait for the market to settle and stalk you entries. DO NOT chase...
Read MoreCurrent Long Positions (stop-losses in parentheses): QCOM Oct 60 Calls, AAPL Sept 420 Calls, SPY Sept 124 Calls, XIV (6.99) Read...
Read MoreMost traders (if not all) have a list of stocks that are consider their “go to” trades. At certain price levels these stocks just seem to “find a floor” or after big sell-offs these stocks “always...
Read MoreIt was a roller-coaster of a day for the bulls and bears both. After a crummy Consumer Confidence report, the market managed to rally back an finish slightly in the green today. We’ve got employment reports coming out...
Read MoreUnlike any of my other screens, this stock screen focuses on stocks trading under $10/share, and have a market cap of around $1 billion or less. As for the variables that I used in the screen, I focused on fundamentals,...
Read MoreHere’s my one and only trade so far this morning – a wild trade for sure when volatility is at its peak, so stop-losses are a must with this one. I have about half the normal position size that I would use on a...
Read MoreCurrent Long Positions (stop-losses in parentheses): QCOM Oct 60 Calls, AAPL Sept 420 Calls, SPY Sept 124 Calls, IR (31.32) Read...
Read MoreHere is my list of top defensive plays in this highly volatile and mainly bearish market. If you’re looking for some nice defensive stocks to weather this storm, yet be in position for the possibility of a sustained move...
Read MoreAssuming the strength we are seeing in the market this morning can hold, here are 7 trade setups to add to your watch-list today. Should this market continue to march higher today, the trade setups shown below should benefit...
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