I have mixed feelings about Disney. I imagine I am not alone. As a consumer and particularly as a parent, I have to admit their content is amazing. Who doesn’t love Toy Story? My youngest grew up on Frozen. You have to have a heart of stone not to enjoy a day at Disneyland. The list things to love coming out of that studio is virtually endless. Trouble is, they seem to be buying up the whole entertainment industry. They own Star Wars, for goodness sake. That’s…creepy? Worrying? I don’t know. I try not to think about it too much. After all, I certainly have no influence over it, and there’s no point fretting over things outside our control. Whatever my feelings about a company though, I put them all to one side when they turn up on my watchlist. Here’s what Disney’s chart did when it arrived on my list:
Continue reading “A Disney Slide”A Messy, Lossy Day
It’s funny how easy it is to go from a super-profitable session one day, to kicking off with a silly loser the next. Today’s trades serve as a reminder that we must never become complacent after a big win. I’m as guilty as the next person, and my first trade was a loss that shouldn’t really have happened.
One Trade, Five Thousand Dollars
There’s not a lot to say about the trade I’m posting today. Anyone who read my previous post about ROKU and who was watching this stock will undoubtedly have seen what happened. Here’s the chart:
ROKU Around The Christmas Tree
Oh, too soon. The trouble is I’m running out of titles for posts about ROKU, which tells us something about what a great stock it is to trade. Just take a look at this zoomed out chart for the day:
Continue reading “ROKU Around The Christmas Tree”It’s All About The Oil
The news from the weekend is having far-reaching effects on the markets. It’s not just the energy companies that are affected, the impact continues down the line to transport, freight, manufacturing, the list goes on… We all use energy, so wild swings in oil prices affect us all.
Continue reading “It’s All About The Oil”Friday 13th Strikes
I’m not a superstitious person, such beliefs are incompatible with profitable trading. That said, Friday 13th got me this time around, slapping me down and putting a big black mark in my trading log.
Continue reading “Friday 13th Strikes”An Old Friend
All change! After three days of making money from the same stock, that particular gravy train finally came to an end. Not a problem though, because the market is a bountiful place filled with new opportunity every day. Sometimes that opportunity comes in the form of stocks I’ve never heard of, and sometimes it’s the old friends who bring home the bacon. Usually it’s a mix of the two.
Continue reading “An Old Friend”…And Yet More
I haven’t got time for much of a post today, bit hectic with non-trading related stuff. But I wanted to post this chart for reasons that will be obvious if you’ve read the previous two blog entries!
Continue reading “…And Yet More”…And More
If you read yesterday’s post about coming back for more, it will be no surprise to see the first trade I am posting today!
Continue reading “…And More”Coming Back For More
Sometimes, when a stock makes a big enough move in a day, it can carry some of that momentum into the next trading session. And sometimes the next session will see a big move retrace instead. Either way, it can be worth keeping an eye on what moved well in the previous session. Monday provided two excellent examples of how these previous-day movers can make us money.
Continue reading “Coming Back For More”