Trading insights in five minutes. Everyday.
We love communicating with our students and Tackle Daily is our daily email we send out Monday through Saturday. This five-minute read is designed to kick off your day the right way. You’ll find out what is happening at Tackle Trading on that day along with our market thoughts, a chart of the day and other inspirational items. If you missed any of our previous emails, you can find them here.
May 29, 2020
finally caught up to Michael Jordan’s mini-series The Last Dance. Out of the countless hours spent watching TV during this Rona stay at home order, by far watching this series was the best 10 plus hours spent sitting on my couch.
May 28, 2020
Last night, Coach Tyler Craig held a webinar on our YouTube channel where he taught the community how to use options to scale in and out of positions. It was a fantastic show where he explained the pros and cons to an approach like this.
May 27, 2020
Yesterdays breakout on the market was impressive. Many sectors and industries who had been underperforming had a nice run up. This morning, we are seeing some carry through and prices continue to test these higher levels. The big battle between Bulls and Bears today on the S&P 500 will be right at the 200-day Simple Moving Average.
May 22, 2020
the first thing of primary importance would be when it comes to investing to share with friends, family, and anyone new that might be reading this or serve as a reminder for you veterans out there. It all comes down on to one thing, principals. Like in everything else we do in life, we have principals or guidelines that we apply every day.
May 21, 2020
≈ Are you prepared for bullish or bearish? ≈ Traders, The markets have pressed up against resistance this week as traders and investors are trying to get clarity on the depth of the economic damage from the last two months while also considering the expansive economic stimulus programs from the Federal Reserve and Federal GovernmentREAD MORE
May 20, 2020
Trading is a skillset that requires lots of education, practice, application, and discipline. The most skilled trader in the world can be broken at the knees if they practice poor risk management. Money Management is a broad topic, that extends to thinks like reward, risk, position sizing and more.
May 19, 2020
The SPY is now pushing up against a key resistance zone. Support and resistance are important price levels for any trader to track on the companies and key charts that they watch.
May 18, 2020
Retail earnings come in a flurry this week while Jerome Powell hot off his 60 Minutes interview is scheduled to speak twice this week. Here is a breakdown of the economic reports, Fed speeches and key earnings reports this week. Naturally, we will be here all week to break down the action in all of our shows.
May 15, 2020
Take a look at the chart of the day, this is what a good equity curve looks like. It has its ups and downs but over time the rewards are available to those who provide service! The red line is what we want but the blue line is what we get!
May 14, 2020
≈ An important technical price point ≈ Traders, Jobless claims data came in this morning which propelled the market to sell for another day (at least at the open) following a few days of red across stock prices. The broad markets are mixed over the last few weeks, with general strength in communications and technologyREAD MORE
May 13, 2020
≈ Turn a Long Call into a Bull Call ≈ Traders, Traditional Bull Call Spreads have risk and reward based on the entry price, the spread distance and can be measured through a risk graph. When a trader buys a long call first, and builds some profit, they can then sell the short call laterREAD MORE
May 12, 2020
≈ Some sectors are up big while others stall ≈ Since the beginning of May, some stocks and sectors have been extraordinarily strong while others have stalled. When one area of the market is moving, while others are not, it is ‘Sector Rotation’. Generally, traders and investors rotate from one sector to another when theyREAD MORE
May 12, 2020
Algos Listen Bulls continue to be driven by the “Don’t Fight the Fed” storyline. It is easy to understand why this sentiment exists as bears that have fought the Fed over the last decade have had a poor track record. We will save the debate of whether the Fed can emerge victorious in saving theREAD MORE
May 8, 2020
In China, Disney has announced a re-opening of the theme park Shanghai Disney on May 11. Tickets sold out nearly immediately for Dates between the 11th and 17th. According to one online ticket vendor, Fliggy, their supply of Shanghai Disney tickets sold out in 3 minutes.
May 7, 2020
≈ Winners and Losers the last week ≈ Traders, During the market selloff in March, nearly everything was down big. From the mid-March rally to recent pivot highs, nearly every stock in the S&P 500 was up big. Stock prices were moving in unison as ‘one market’. But we are starting to see something differentREAD MORE
May 6, 2020
≈ Learn from Coach Gino about these Companies ≈ Traders, We frequently get questions on how to find and play the 5G technology stocks. 5G is a label to describe the tech companies that will build the infrastructure and support for the next wave of connectivity for individuals and businesses. There are all kinds ofREAD MORE
May 5, 2020
≈ Don’t fall into this classic trap ≈ A trader or investor can fall into the sunk cost fallacy when they decide to stay in losing positions based on money committed, time invested, or resources allocated. Essentially, it occurs when you hold onto a losing position without the logic behind why you invested simply becauseREAD MORE
May 4, 2020
While we do not have the same number of large-cap names having earnings this week, the names we do have are remarkably interesting. Earnings have not been impactful this season, but they are giving us a ton of information to move forward. As always, we will be here all week in our live programming toREAD MORE
May 1, 2020
The most foundational skill of smart money is the ability to separate their bias, emotions and opinions from their data driven analysis.
