≈ Do you trade them, do you dare? ≈

Traders,

Patterns plague the stock market. They’re both observable and repetitive. You can find them on price charts. And, fortunately, the better you get at spotting them, the easier trading becomes. Recall that prices are a function of supply and demand – and that it is humans that are behind the buying and selling.

Humans, or more accurately, human nature, never changes. Fear and greed drove participants to act a century ago just as they do today. And because the collective actions of these actors play out in price charts, we see a fair bit of repetition in the stock market. Thus, while every market cycle is unique, those that study past patterns are better equipped to spot turning points in modern markets.

As the great Winston Churchill said, “The farther back you look, the further forward ahead you can see.” He would have made a great technician.

The importance of patterns will be a prominent feature of our upcoming Swing Trading 101 webinar next Monday. So mark your calendar and enjoy an entertaining evening with Coach Matt and the Tackle Trading Team.

#TeamTackle

---

Chart of the Day: Apple ($AAPL) Stock Reaches Record

The technology sector did some serious muscle-flexing this week, led by the king of them all – Apple. Notice the volume groundswell confirming the breakout. This wasn’t some small-fry affair but an institutionally-driven influx. Well done, bulls. Well done.

---

Video of the day: Fundamental Focus: Enterprise Value Explained

Coach Greg explains what Enterprise Value is and how traders and investors can use this important fundamental concept.

---

Today’s line up

Traders Lounge 11 PM EST

Join the coaches in this live lounge, ask questions, discuss ideas or just sit back and listen to veteran traders discuss market conditions.

Cash Flow Club Replay

If you missed last night’s episode with Coach Greg Holmes on Cash Flowing Around Holidays or would like to watch it again, check it out here.

Halftime Report 12:30 PM EST

The Halftime Report starts at 12:30 EST and covers what news is driving the market, chart analysis from the movers and shakers of the day, and fun in a way that only Matt and Tim can deliver.

---

Financial freedom is a journey

Sign up now and gain unfettered access to all of the quality content and powerful Scouting Reports that our Pro Members enjoy for 15-days absolutely free with no strings attached and let us show you what your trading has been missing.

---

Legal Disclaimer

Tackle Trading LLC (“Tackle Trading”) is providing this website and any related materials, including newsletters, blog posts, videos, social media postings and any other communications (collectively, the “Materials”) on an “as-is” basis. This means that although Tackle Trading strives to make the information accurate, thorough and current, neither Tackle Trading nor the author(s) of the Materials or the moderators guarantee or warrant the Materials or accept liability for any damage, loss or expense arising from the use of the Materials, whether based in tort, contract, or otherwise. Tackle Trading is providing the Materials for educational purposes only. We are not providing legal, accounting, or financial advisory services, and this is not a solicitation or recommendation to buy or sell any stocks, options, or other financial instruments or investments. Examples that address specific assets, stocks, options or other financial instrument transactions are for illustrative purposes only and are not intended to represent specific trades or transactions that we have conducted. In fact, for the purpose of illustration, we may use examples that are different from or contrary to transactions we have conducted or positions we hold. Furthermore, this website and any information or training herein are not intended as a solicitation for any future relationship, business or otherwise, between the users and the moderators. No express or implied warranties are being made with respect to these services and products. By using the Materials, each user agrees to indemnify and hold Tackle Trading harmless from all losses, expenses and costs, including reasonable attorneys’ fees, arising out of or resulting from user’s use of the Materials. In no event shall Tackle Trading or the author(s) or moderators be liable for any direct, special, consequential or incidental damages arising out of or related to the Materials. If this limitation on damages is not enforceable in some states, the total amount of Tackle Trading’s liability to the user or others shall not exceed the amount paid by the user for such Materials.

All investing and trading in the securities market involves a high degree of risk. Any decisions to place trades in the financial markets, including trading in stocks, options or other financial instruments, is a personal decision that should only be made after conducting thorough independent research, including a personal risk and financial assessment, and prior consultation with the user’s investment, legal, tax and accounting advisers, to determine whether such trading or investment is appropriate for that user.