March 31, 2023 ... Here's a little secret... No one has any idea what they're talking about when it comes to predicting the markets. Not a single person. Not CNBC, financial analysts, guys out there on YouTube, or your cousin. And if I'm saying that about everyone else …

March 31, 2023 ... I've been waiting for the Personal Consumption Expenditure (PCE) number all week long.  In fact, I said I wouldn't be placing any trades until that number gets released, as traders know this is the Fed's favorite indicator of inflation.  Well, we got …

March 31, 2023 ... Dear Reader, Yesterday, we recommended the Robinhood (HOOD) April 6, 2023, $9.50 call for under $0.20. At noon, it was trading at $0.37.  That's an 85% gain. And that's what happens when momentum turns positive.  This morning, inflation data came in …

March 31, 2023 ... There was a time – in fact, it was just three weeks ago – when analysts and economists were debating whether we were heading for a “soft landing” or “no landing.” Recession fears seemed to have melted into the …

March 31, 2023 ... Look, I get it. Learning the ropes in the market can seem like a daunting task. Unless you're an experienced trader, trying to follow along as someone spits out a bunch of technical indicators and unfamiliar jargon can leave you feeling like …

March 30, 2023 ... We all remember those childhood summer days spent playing with a beach ball in the pool or ocean.  There was just something exhilarating about pushing it as far as you could under the water and letting go - just to watch it shoot up in the air like it …

March 30, 2023 ... So much of what we do as traders wouldn't be possible without options.  At their simplest, they are relatively safe instruments to trade.  You can amplify the gains on the movement of the underlying stock. And you would only lose the amount you paid …

March 30, 2023 ... Markets are rallying today, with the Nasdaq-100 even spiking up into bull market territory. But I wouldn’t get too excited. Bottom line, the quagmire with the banking system is far from over. A ton of banks are sitting on marked-to-market …

March 30, 2023 ... The premarket is a scary place. Or at least that's what someone might tell you if they don't understand how it works. In reality though, the premarket is just like any other time to trade. And if you want to make money before the opening bell, you can …

March 30, 2023 ... Dear Reader, After a few weeks, we finally had a positive turn in the S&P 500. But the market is taking profits today as we start to assess the state of the economy. I'm long a few positions for the moment, but this will be a very challenging next …

March 29, 2023 ... This market is turning into the most intricate Rube Goldberg machine the world has ever known. First, it's inflation running wild to get the ball rolling. Then, JPOW and his band of Fed heads hit the dominos with rate hikes, time and time again. Next, …

March 29, 2023 ... I've talked before about how if a trade doesn't work for you, you should stick with it and watch for a better opening. But what if you miss your entry altogether? Let's say you were bullish on a stock, but you missed when it shot up through the VWAP. …

March 29, 2023 ... Dear Reader, This is the most difficult market I've traded in since 2011. We've witnessed a lot of sideways action over the last two weeks, low volumes, and broad indecision. Investors aren't dumping stocks in droves - as it's clear that not many …

March 28, 2023 ... Let it be known… …this bank run ain’t over yet. The past few weeks have brought the downfall of several major financial institutions including Silicon Valley Bank, Silvergate Bank, and Credit Suisse, to name a few… …and …

March 28, 2023 ... The morning started the same as any other.  Set my coffee maker, took the dog outside, booted up the computer, sat down, and started scouring the news.  Except, when I tell you how close I was to having to go out and buy entirely new equipment, you …

March 28, 2023 ... Dear Reader, The first solution to every crisis is to figure out whom to blame.  The second is to take advantage of the crisis - politically, financially, and socially.  That is the basic job description of every self-serving politician and regulator …

March 28, 2023 ... From the outside, you see wild swings in asset prices... like the big sell-off in oil futures that rattled commodity markets during mid-March. From the inside, such price movements are far easier to understand. I explained why this morning during our …

March 28, 2023 ... Let me let you in on a little secret... Your trading day doesn't start at 9:30 am ET. Or rather it shouldn't. And no, I'm not talking about trading the premarket - that's up to you to when you decide when you want to trade. I'm talking about planning …

March 27, 2023 ... The market got its first piece of good news from the banking missteps over the last two weeks, as North Carolina's First Citizens went garage-sale shopping in Silicon Valley this weekend. This is the news the market is going to LOVE throughout the next …

March 25, 2023 ... A trader's psychology... There was a study done that shows it only takes a third of a second to decide to buy a stock or let it fall to the wayside. Any time more than that is just you trying to rationalize your position - as you should. This is …

March 24, 2023 ... You can argue the merits of relying on a groundhog to determine the length of winter.  That doesn't change that every year, one way or another, people let headlines about shadows make them happy or sad.  Well, it's starting to feel like something …

March 22, 2023 ... The Federal Reserve,  or the Fed, is the central banking system of the United States. It plays a crucial role in regulating the country's economy by setting monetary policy, managing inflation, and promoting economic growth.  However, the Fed's …

March 20, 2023 ... Last night, CBS's 60 Minutes reran a particularly timely feature.  It was about how the Federal Deposit Insurance Corporation (FDIC) takes over a failing bank under the cloak of darkness and reopens it.  Given the recent banking crisis, this was of …

March 19, 2023 ... The Federal Reserve meeting this week is not only important to stock investors, but also to those who have ventured into the crypto market. We will be seeing Jerome Powell hit the podium to announce what the Fed is going to do with interest rates on …

March 17, 2023 ... With this banking fiasco, we've seen the overall market take a turn for the worse.  As you know, I've been saying we hadn't reached out long-term bottom yet, and that all of those rallies we saw were nothing more than flashes in the pan.  Well, there …

March 16, 2023 ... There are a few hot sectors in the market. Whether it's the safe havens or the risk-on sectors, a few always stand out above the crowd... Right now there are 11 major sectors that can be found in the S&P 500 - here they are listed by weight: But …

March 15, 2023 ... SPDR S&P Bank ETF (KBE) and SPDR S&P Regional Banking ETF (KRE) are on everybody's screens in the wake of the Silicon Valley Bank collapse. And why not? These things fell like rocks.  That downward action looks like if I stood on top of my roof …

March 14, 2023 ... The CPI came in better than expected this morning - and by that I mean it hit its mark right on the head.  This is - at face value - great for the market as it didn't offer any surprises. And with the market coming off a surprise like we saw last week …

March 14, 2023 ... Hey there Profit Takeover reader, Your man, Andrew Giovinazzi here. How's it going? I've gotta tell ya... it's definitely an interesting time in the markets right now. In fact, it's possibly THE best time to be an options trader.  But, it's also …

February 23, 2023 ... Do you want to know what my biggest fear is? It's sitting on the porch one day, 60 years from now, regretting the opportunities I turned away from because I was afraid. I will NOT be that regret-filled, bitter old person. I won't let you be either. …