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.
March 18, 2021
Guess which asset didn’t get touched during the pandemic—residential real estate. Not only did housing prices not turn lower, in most cases, they rocketed to the moon. It’s undoubtedly a win for homeowners. Home equity is multiplying. And, historically low interest rates allowed for refinancing and the reduction in borrowing costs.
March 17, 2021
I’ve been plowing through Morgan Housel’s recent book, The Psychology of Money. It’s a veritable treasure trove of thought-provoking insights. One that spoke to me was the concept of identifying the exact game you are playing. What’s your time horizon and style of investing?
March 16, 2021
Stock investors get paid two ways: price appreciation and dividends. Most traders obsess over the former, but it’s the latter that can really supercharge your wealth building. In the short run, dividends seem quaint; in the long run, they’re quintessential.
March 15, 2021
Charlie Munger is Warren Buffett’s partner in crime at Berkshire Hathaway. At 97 years old, he’s still sharp as a whip and unafraid to throw shade at the rampant speculation surrounding Tesla and Bitcoin. We’ll leave those comments for another day.
March 12, 2021
Interest rates drive the cost of capital and are an integral input to countless economic models. From a trading perspective, the direction of rates can pull money from one sector while pushing it into another. I’ve seen dozens of charts in my day which illustrate the concept of sector rotation.
March 11, 2021
There is a phenomenon in trading that involves the two evils of trading. Those evils of trading are fear and greed. We have talked many times about these two forces and the damage they can do to a trader’s psyche and their respective trading capital.
March 10, 2021
If your anything like me then dancing is not an option. Being born with two left feet made that an easy thing to recognize in my case. Now there are those that just seem to be born able to match the rhythm of the music and they are able to move with a certain fluidity that seems almost natural.
March 9, 2021
There is a constant battle that rages within us traders. That battle is between being patient and taking action so that the markets “dunneth” run us over. So, the eternal question is when do we move and when do we stand pat?
March 8, 2021
We don’t pay too much attention to stodgy old bonds here at Tackle Trading, but Wall Street certainly does. Fixed-income investments (that’s fancy-speak for bonds) are a pillar of conventional asset allocation models. Their stability is the yin to stock’s volatile yang.
March 5, 2021
Part of the education and application process of a trader is learning how to adjust to different market conditions. Markets do not always go straight up as has been the case since the November elections. At times we will experience bearish and neutral conditions too.
March 4, 2021
Today let’s dive into the application process of trading. Most people want to bypass the education and just directly into clicking buttons. I won’t lie, I was one those people. trick. I quickly learned that the easiest part about trading is clicking the button to buy or sell. What happens after that is what I wasn’t prepared for but I quickly learned.
March 3, 2021
We are continuing yesterday’s topic about frustrations we face in our journey as traders as it relates to education and application. Today, we will focus on education. If this is an area you are struggling with, sometimes going back to the basics can do trick.
March 2, 2021
Ever get so frustrated with yourself when you aren’t seeing the results you want from your trading you feel like throwing in the towel? Yeah, been there done that too! What causes us to reach this level of frustration can be narrowed down to these two areas of your trading journey. Education and application.
March 1, 2021
Markets are up at the start of the week as rising rate fears of eased a little at the start of the week. The 10y yield hit as high as 1.61% on Thursday but has fallen as low as 1.43% on Monday morning. While this certainly will not be the main storyline impacting the market indefinitely, it has become the dominate theme over the last couple of trading sessions with techs performance in particular tied to whether rates have gone up or down on that trading day.
February 26, 2021
What do you get when you combine supply shortages, higher prices of raw materials, providers out of stock, plants operating at full capacity, and much longer suppliers’ delivery times? Inflation.
February 25, 2021
Perhaps the most memorable moment of 2020 was oil prices going negative. Could there be a more appropriate event to signal just how hated commodities became? For a full rundown, go back and revisit the May 2020 Trading Justice Newsletter. Yet, here we are less than one year later, and oil prices have risen over $100 per barrel since last April’s unprecedented -$40 print.
February 24, 2021
I came across today’s Chart of the Day recently, and it reminded me of the wealth-building power of equities. As shown below, the global stock market’s value now tops $110 trillion. It’s the highest value in human history and speaks to just how wealthy stock owners have become.
February 23, 2021
Stocks don’t have a single price. They have two. The price you can buy at is called the “ask.” As in, this is the price sellers are ASKING for. The price you can sell at is called the “bid.” As in, this is the price buyers are BIDDING for. The difference between the two is called the “spread.
February 22, 2021
Markets are trying to hold onto short-term support levels as we start an interesting week. The financial media and investors are chitter-chattering about inflation and rising real yields as potential head winds for the market and Jerome Powell will undoubtedly having something to say about these topics when he delivers his semi-annual testimony to the Senate Banking Committee and the House Financial Services Committee this week.
February 19, 2021
Greetings Traders, I trust that the markets have been treating you well for we’ve had quite the adventure as we start to wrap up earnings season and the GameStop frenzy. The longer I become a trader the more I realize that markets are going to what the markets are going to do and sometimes weREAD MORE
