There's been a clear trend developing this earnings season.  It's not an old one, but it has to do with one of my Ten Commandments of Trading. Following this trend and my Commandment is nailing some opportunities this earnings season.  It's a trend or pattern that companies like Netflix and Microsoft have already shown us […]

Look, it's no secret, I'm a notorious bear.   At least lately…   But, I've always told you that when the data changes – so will my opinion…   And I went over the data changes and my new stance on energy and oil earlier this week, if you missed it you can read the […]

Jerome Powell took the podium for his press conference yesterday… My immediate thoughts were that those weren't victory laps. Instead, his comments served as reminders that there may be more hikes to come.  To say the absolute least, reminders that rates aren't going down this year. And I hope not, for a simple reason:  At […]

This Sector is Getting Back to Its Bullish Way "When the facts change, I change my mind – what do you do, sir?" – John Maynard Keynes This quote applies to one sector of the market that's ready to break into a renewed bullish trend based on a change in the facts. First the facts, […]

It's here, the real start of the earnings season! Earnings got off to a mixed start last week as the banks kicked off the season with some flair. The financials – which has been the most feared sector of the market after the March meltdown – has turned into a textbook sentiment trade.  But we're […]

Good afternoon, As I'm sure you've noticed by now, I'm a sucker for the technical side of trading. Well today, I want to show you the three things I'm watching from a technical perspective.  Why? Because it's earnings season BABY! The markets are going to become hyper-sensitive to the technical side of trading during earnings […]

Meatloaf taught us that "Two Out of Three Aint Bad", but the market may be taking that to an extreme. Last week I outlined the thrill and the danger of a buy-the-rumor rally. You need to review what this signature trade looks like if you haven't already, here's the link. We've heard very little about […]

I'm starting to get a funny feeling about this market, almost a sense of déjà vu with everything that's going on…   Are you?    Well maybe I'll be able to enlighten you on why I feel this way and even change your mind.   But first I want to cover some house keeping.   […]

Remember Kerri Strugg's unlikely performance in the 1996 Olympics? If not, let me refresh your memory. In the final rotation of the floor exercises the U.S. Women's team held a lead over Team Russia.  Things turned during that final rotation as a number of the "Magnificent Seven" had technical missteps on their vault landings.  Kerri […]

The market is all about risk/reward, we know that as both investors and traders. Though many don't know it, sentiment – true sentiment – is at the core of the risk-reward valuation. I'm watching two fundamentally different sentiment pictures as we head into the first three weeks of earnings. One sector that's climbing a Wall […]