Friday Feature: How I am surviving in the markets for so long
February 28, 2020
The answer is pretty simple.
Stock Report February 15th, 2020
February 15, 2020
Just like last week, the market ended in the same spot as far as patterns are going. The difference this week is that we are a few points higher. The SPY (ETF that follows the S&P 500), printed a three-day high base.
Stock Report February 8th, 2020
February 8, 2020
On Thursday, the SPY (ETF that follows the S&P 500) closed at all-time highs yet again and printed a hangman candle. On Friday, it opened lower and sold-off slightly. It looks like the great sell-off of 2020 could be over. Or maybe I am wrong? It will be interesting to watch and see what it will do next. In the video, I am going over a few scenarios of what could happen next as far as price action goes.
Friday Feature: How about investing long-term?
January 31, 2020
Buy and hold times are over. Whether you like it or not.
Stock Report January 25th, 2020
January 26, 2020
For the past few weeks, I was asking out loud in my room if this is it as far as the market top? We’ve been “printing” all-time highs virtually every single day for a long time.
Stock Report December 21st, 2019
December 21, 2019
This past week we got more of the same, meaning new all-time highs for SPY (ETF that follows the S&P 500). This Friday’s high happened on over average volume.
Friday Feature: No one trades in December, man.
December 13, 2019
Traders, today I have a special Christmas message for you all.
Traders Lounge December 12th, 2019: Full Lounge with Coach Slawek J
December 12, 2019
If you missed today’s Lounge with Coach Slawek J or would like to watch it again, check it out in the video below.
Stock Report December 7th, 2019
December 7, 2019
The overall market this past week was just like a roller coaster ride. We began with a sharp drop on Monday and gap lower on Tuesday, and then swiftly reversed to an upside recovery for the rest of the week. It looks like we are trying to establish a new channel support in SPY (the S&P 500 ETF). I’ll explain more in the video.
Stock Report November 9th, 2019
November 9, 2019
The SPY (ETF that follows S&P 500) closed at all-time highs on Friday. There was a lot of “backfilling” as far as all up gaps for this week meaning many of the higher openings saw intraday selling that created a choppier environment than buyers would have liked.
Friday Feature: Like a broken clock
November 8, 2019
In my estimation, there are three types of traders participating in markets. Continue reading.
Stock Report November 2nd, 2019
November 2, 2019
So, as many of us anticipated, the SPY (the ETF that follows the S&P 500) did break out. For those that want solid confirmation, as I was saying in last week’s report you don’t necessarily have to trade the break. You could wait for a break retest of support and then enter your long positions then. In my mind, that kind of break and retest can take a few weeks to happen.
Stock Report October 26th, 2019
October 26, 2019
“Spider” (Ticker Symbol: SPY) is about to break through all-time highs. QQQ already “printed” new highs and is outperforming SPY slightly.
Friday Feature: So, how is this market treating you?
October 11, 2019
First of all, is the market treating me or am I the one who’s treating the market? Or, let me rephrase, how am I treating the money that I put into the market? Continue reading.
Stock Report October 5th, 2019
October 5, 2019
After a two day sell-off, short term price action was oversold by shorter-term measurement methods like a fast stochastic and nearing the most recent significant support zone/trend zone on the daily time frame as the price action approached the 280 neighborhood… Then snap!
Stock Report September 21st, 2019
September 22, 2019
I see small cracks forming for SPY (ETF that follows the S&P500). A small rising wedge is resolving itself to the downside as expected. The high base that was forming for a few days is now breaking down.
Stock Report September 14th, 2019
September 14, 2019
The Spider (SPY, ETF that follows S&P500) reached an all-time high on Thursday intraday. It appeared to me that the move was caused by tariffs news. It “got smacked down” immediately and went sideways till the end of the week.
Friday Feature: The Story of my First Trade, Part 5: So, I quit my job
September 13, 2019
The way I quit my job was… well, let’s just say I burned the bridge behind me.
Stock Report August 31st, 2019
August 31, 2019
Last week I was pretty bearish, advising everyone to sit the week out in case of a breakdown. This week we ended at the top of the range. It looks like someone did fix the situation with a magic wand.
Stock Report August 24th, 2019
August 24, 2019
Last Monday, markets were gapping up and at one point it looked like the price would go towards the all-time highs. On Friday, on the other hand, we dumped over 2% on the SPY.