Hey folks I wanted to take a few moments today to look at pattern recognition. While I really don’t think looking at patterns can make an investor successful in the long haul, I do believe that a multifaceted approach must be utilized to be a well-rounded investor. When utilizing pattern recognition we gain the tools […]
Options
Trading UBER and LYFT Now That They’re An Election Issue
2020 flipped the investment world on its head. Many stocks that had been investor favorites like UBER and LYFT heading into the year were forgotten in favor of companies that could thrive during a pandemic. To put it simply, the coronavirus pandemic changed the entire investment landscape. One industry that was enormously impacted by the […]
Trade of the Week: SNAP
The biggest action in the options market this past week occurred in Snap (SNAP). The social media/video sharing company has become the best-in-class in the industry after posting outstanding growth and earnings numbers this past week. The company is seeing big time ad dollars coming in, as users became increasingly active over the pandemic period […]
Can CSX Stay On the Right Track?
Going to take a few minutes today to look at a trade and possibly intermediate-term investment idea more likely here in a transportation stock CSX. This is one of the prime railroad companies in the US. We’ll examine today strong evidence that this stock may have higher to go still.
NIO Stock Price Is On Fire – Will The Run Continue?
2020 is a year that is mostly defined by the COVID-19 pandemic and the historically crucial presidential election. From an investor standpoint, there’s one more thing you can add to that list: the growth of the electric vehicle (EV) market. Not only have several new EV companies come on to the scene, but existing players […]
Trade of the Week: Fastly
One of the market’s higher flying stocks this past month took quite the tumble last week. Fastly (FSLY), a cloud, web development company, dropped nearly 30% in one day after lowering revenue guidance ahead of its earnings at the end of the month. Although the actual guidance wasn’t that much lower than previous expectations, the […]
Going Through Our Q4 Playbook
Today we wanted to take a few minutes to go through our playbook for the fourth quarter of 2020. With quite a few things left on the calendar such as the election, covid-19, and conflicting data on the economy really around the globe, an assessment of the market is necessary at this important juncture.
Trade of the Week: XOM
It’s been a long time since Exxon Mobil (XOM) has been in the news. The oil powerhouse used to be the largest company in the world, but now it doesn’t even crack the top 50 companies in terms of market cap. However, the stock was up 5% one day last week after the company made […]
Is United Rentals (URI) Poised for Long-Term Growth?
Amidst all the daily headlines and news right now it is very difficult to see through the next few months for a lot of traders and investors. Quite frankly, it may be confusing to follow along in any logical manner. So we want today to take a little bit of a step back and look […]
MSTB: A Better Way to Get Broad Stock Exposure and Beat SPY
One of the more intriguing current trends in U.S. investing is the growing number of strategic ETFs that have become available to investors. Index investors have typically used ETFs like SPY to capture the action of the broader market. However strategic ETFs represent or emulate an entire trading strategy, rather than just tracking an index […]