Crikey, it’s 2020 already. The past twelve months have shot by at a terrifying rate. No matter though, because I love this time of the year. Not because it’s about setting New Year’s resolutions, I don’t believe in those. I think that if something is worth changing in your life, it’s worth changing the straightaway. Why wait until the beginning of a year to make an improvement?
Continue reading “Happy 2020”It Pays To Check In
I wasn’t expecting to get a trade out of ROKU on Thursday. The early part of the morning was nothing special, just some sideways dullness. I went off and made some good money on Tesla, which is where all the action seemed to be. Just as I was about to pack it in for the day, I ran through the core list and saw this setting up…
Continue reading “It Pays To Check In”A Winning Trade I Didn’t Take
The slow descent to the holidays continues, but as battle-hardened stock traders we know there is always something out there to profit from, even in the leanest of times. Here are a couple of trades from Wednesday, one of which I did not take for reasons which will become clear…
Continue reading “A Winning Trade I Didn’t Take”The Slow Descent
There’s no denying that some periods of the year are quieter than others. Even the stock market, which enjoys an unrivaled selection of daily opportunities, shrivels to become a shadow of its normally magnificent self in mid-summer and again around the Christmas holidays.
Continue reading “The Slow Descent”An Unexpected Banger
I feel like we’ve been spoilt for big winners this past month. After KRTX I didn’t expect anymore bangers. Especially as we head towards the end of the year and market participants start drifting away and volume drops off. Clearly the holidays haven’t quite started yet, because Wednesday gave us this lovely short on AYX:
Continue reading “An Unexpected Banger”When Rules Are Not Rules
I wrote recently about the microbubble created around stocks like KRTX, and how irregular traders and would-be traders were being pulled into the market by the apparent ease with which money can be made. I speculated that a lot of money would be lost by those with little experience. This led to some questions from readers of this blog asking about what rules I would use to trade explosive stocks like KRTX.
Continue reading “When Rules Are Not Rules”What Goes Down…Must Go Up?
Having ended last week with a nice little short on ZM, this week started with the same stock but in the other direction. The trade was perfectly signaled, and more than twice as profitable as last week’s. Here’s the chart:
Continue reading “What Goes Down…Must Go Up?”A Quiet End With ZM
It’s been a busy week, but things calmed down by Friday. Naturally, there’s always something to trade, even on the quiet days — it’s one of the biggest advantages of trading stocks. Here was a small but simple trade on ZM:
Continue reading “A Quiet End With ZM”Riding With The Peloton
Regular readers know I like to have my trading done by lunchtime. But sometimes something comes along that makes you hang in there a little bit longer. Wednesday was a good example, when the internet went a little bit mad about an exercise bike company, causing this to happen:
Continue reading “Riding With The Peloton”Continuing Where We Left Off
After the long weekend, this week started where last week left off — with a nice winner on NVDA:
Continue reading “Continuing Where We Left Off”