Tales of a Technician: My Daily Routine in Action
May 31, 2022
Watch me walk through my daily routine to analyze markets, manage trades, and find new trade ideas.
- Live Webinar
May 31, 2022
Watch me walk through my daily routine to analyze markets, manage trades, and find new trade ideas.
October 15, 2021
There is one acronym used frequently internally with the coaches and that’s GTD which stands for Getting Things Done! How’s that applied to your trading routine? Come learn with me.
July 7, 2021
Crude oil is taking it on the chin this week, suffering its first break of the 20-day moving average since mid-May. The correction is causing no shortage of register ringing across the energy sector, which isn’t helping the Russell 2000.
June 30, 2021
Over the next few Tackle Today messages, we’re going to discuss best practices for portfolio protection. In this case (and in almost all cases), when I say “portfolio protection,” I mean buying put options or put spreads as insurance for your portfolio.
June 9, 2021
If stacking cash in a diversified stock fund is part of your portfolio plan, then it’s worth knowing something about expense ratios.
June 2, 2021
When I was a novice investor, I worried about things outside of my control. Moreover, I would give them power over my emotions. It was pure idiocy. Why should my state of mind depend on factors I can’t influence – such as whether the market rises or falls on any given day, or the size of market returns for the year?
May 26, 2021
Semiconductor stocks sit at the intersection of growth and technology. Last year their location was perfect. Growth stocks were booming, and technology was the hot sector. This year? Not so much. If you’ve been following our Halftime Reports and weekend Scouting Reports, then you know we haven’t thrown much love toward chip stocks lately.
May 19, 2021
Seagate Technology (STX) made our Scouting Report on May 8th due to its textbook bull retracement pattern. The way that the stock played out after triggering illustrates the inherent trade-off of using a tight stop loss as a swing trader versus using options. If you bought the stock for a swing, you likely put your stop loss under the pivot low at $86.87.
May 12, 2021
If you’re going to find success when actively trading, then you better familiarize yourself with the best practices of stop losses. Consider today’s message a primer on the topic.
May 5, 2021
Earnings season is winding down with many of the heavy hitters already having stepped up to the plate. While few scored massive gains in their share prices, even fewer suffered outsized losses. The stock market remains steady near record highs suggesting that the numbers were good enough to keep buyers’ conviction red-hot.
April 28, 2021
If patterns never failed, then trading would be a cinch. Find a bull breakout setup, queue up your order, and watch the profits flow into your account.
Unfortunately, real life is a great deal messier. Some fakeouts masquerade as breakouts. Then, they stab you in the back.
April 21, 2021
The last few days have brought us face to face with some red candles in all the major indexes and in effect some higher swing pivots. This comes after a pretty solid extended up move in the vast majority of these same indexes. These red candles always bring some emotions to the surface and some folks get a little nervous and maybe even a little freaked out.
April 14, 2021
Stock prices are high these days. The S&P 500 trades with a forward P/E ratio of 21.88, which is the highest reading since the dot-com peak in 2000. Some pessimists point to the rich valuation as a reason to avoid buying stocks here.
April 7, 2021
Benjamin Graham said, “In the short run, the market is a voting machine but in the long run, it is a weighing machine.” The longer you invest, the more you’ll discover the truth of this statement. Sentiment, or the masses’ feelings due to news, trends, politics, or the economy, is the ultimate driver of prices in the here and now. But in the long run, it turns out that all of that goes away. What’s left, and ultimately what is weighed, is earnings.
March 31, 2021
Did you know that not all market indexes are created equal? There are three standard methodologies for creating an index: market-cap-weighted, price-weighted, and equal-weighted.
March 24, 2021
Yesterday we learned that institutions are elephants. High volume sessions reveal them moving about. But how do you know if they’re buying or selling?
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 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 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.
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.
