Tackle Today: Nike Swooshes Higher
December 21, 2022
«Nike earnings beat is helping to boost the Dow.»
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December 21, 2022
«Nike earnings beat is helping to boost the Dow.»
September 30, 2022
«Discount Rate Up, Future Profits Down.»
September 13, 2021
ack market movements. But did you know there are three ways to chart them? You can use a futures contract, an Index, and an ETF. Let’s use the S&P 500 Index, for example.
September 9, 2021
Come learn what happened with Dick’s special dividend.
September 9, 2021
There are two ways to explain market growth. It either comes from earnings growth or multiple expansion.
August 30, 2021
Once upon a time, I thought low volume up days were a sign that strength was waning, that momentum was petering out. I’ve since been disabused of the notion, and the chart below tells you everything you need to know about just how bullish those low volume rallies can be.
August 23, 2021
Another weekend has come and gone, and Bitcoin scored a major breakout. This is the third weekend in a row that the crypto king zipped through significant resistance for those who haven’t been paying attention.
August 16, 2021
Stop losses are used to mitigate risk and avoid unnecessarily large drawdowns. Using them seems smart and entirely appropriate. But the devil is in the details.
July 26, 2021
The naked put strategy is a favorite for many traders. It carries a high probability of profit and adds positive theta to your portfolio. Check out the video on it in the Tackle Trading Playbook if you’re in need of a refresher.
If there’s a drawback, it’s the cost. If you’re using a margin account, it may not matter much, but the margin required for those wielding retirement accounts is equal to the max loss. And that can be a lot. As a result, your return on investment is tiny.
July 19, 2021
Equities limped into the weekend and based on Sunday night’s movement in the futures market, the weakness will continue into Monday morning. Bearish evidence is beginning to mount. To help keep your wits about you, let’s review a few critical points regarding corrections.
June 28, 2021
Market breadth is a secondary indicator used by technicians that measures the participation in a bull move. When a stock market index like the S&P 500 pushes to a new record, you prefer to see most stocks also notching all-time highs. It’s a healthy sign.
June 21, 2021
Friday saw the S&P 500 close below the 50-day moving average for only the third time this year. It’s an unsettling development that had bulls cowering throughout the weekend. Many chart watchers use the 50-day moving average as a proxy for the intermediate trend. When prices are trending above it, the path of least resistance is higher. When prices tumble below it, however, the path of least resistance turns lower.
June 14, 2021
Price action in the broad markets is muted again as the market continues to struggle to take a leg up as it battles the current resistance zone. Perhaps due to valuation, worries about inflation or the Fed or perhaps just the “heading into summer doldrums” price movement (in either direction) has gone into hibernation in recent weeks.
June 7, 2021
Real estate is one of the most popular asset classes to invest in. But it’s not easy to purchase. It’s expensive, undiversified, subject to renters not paying and requires property management. A long time ago, Wall Street created a vehicle to fix all of these issues – the Real Estate Investment Trust, or REIT for short. Think of it as a basket of companies that own and operate real estate.
May 24, 2021
If you’ve ever wondered what the downside to trading with borrowed money looks like, cast your eyes on the latest bitcoin crash. Part of the selling pressure came from leveraged traders who bailed, not because they wanted too, but because they HAD to.
May 17, 2021
Markets are down to start the week after a very volatile week last week. However not everything is down in a broad-based selloff. Sectors such as Energy, Health Care, Staples and Utilities are all holding their own. We have seen this pattern in recent weeks. The broad market sells off led by tech, but other areas of the market show relative strength and even rise in the face of market downward pressure.
May 10, 2021
Corporate revenues were way better than expected, especially among the four horsemen of the tech boom (Apple, Amazon, Google, and Microsoft). And yet, their share prices shrugged. What gives?
