My simple gameplan for 2021: Ignore the scary narratives and do this instead.
The stock market is at all-time highs, but there are reasons for caution here. Read on to learn why now would be a bad time to fall asleep at the wheel of your portfolio
In this short note, I highlight why I think the stock market is poised to rally from here, election or not.Time to buy the dip!
There has been a notable change in tone in the stock market, which leaves me feeling more uncertain about continuing to “buy the dip”.
Price discovery used to be a process of buyers and sellers determining fair value for an asset. Now, it’s only about supply of money vs supply of stock…even bankrupt stock.
But 20% unemployment and Nasdaq is at all-time highs…who would have thought?!
One of the major psychological benefits of #trading options is you can always structure a trade where your worst case scenario is defined, limited and known up-front. This makes getting comfortable with the uncomfortable a lot easier 😉
Like many people I speak with, I’m “mentally bearish”. The stock market is rallying, the Nasdaq nearing is new highs, while retails sales and industrial production are plummeting and we have 36 million unemployed. None if this “gels” with me. But I’m a technical trader and I don’t want to fight the tape. So what […]