In today’s Daily Digest, we’ll review:
- New position in KRE.
- There are no adjustments today.
- Exits in XHB and XBI.
- Current status of open campaigns.
Let’s dig in! [Read more…]
Expert technical analysis of financial markets by JC Parets
In today’s Daily Digest, we’ll review:
Let’s dig in! [Read more…]
Today’s trade is in a $79B company that provides software, hardware, services, and reusable integrated circuit design blocks.
Here is a chart of Cadence Design Systems $CDNS: [Read more…]
In today’s Daily Digest, we’ll review:
Let’s dig in! [Read more…]
In today’s Daily Digest, we’ll review:
Let’s dig in! [Read more…]
Today is Day Two for the All Star Charts team hosting our Portfolio Accelerator event in New York City.
During our group conversations today, Strazza and I put our heads together and put on this trade in Snowflake $SNOW.
For the past seven weeks, it was “do-or-die” for my favorite football team, the Buffalo Bills.
They came into the season as one of the favorites to make it to the Super Bowl. Las Vegas even had them at good odds to win it all for the first time in franchise history.
Of course, nobody can predict the future. Not in sports, not in markets, not anywhere.
And naturally, the real world had different ideas.
Twelve games into the seventeen-game season, it looked like all was lost and Bills fans would have to “wait ’til next year” once again. The Bills’ record was just 6-6 and they were looking up at 10 teams ahead of them in line for only 7 available playoff spots.
It looked like it was over. They faced a situation where their only real path to make it to the playoffs was to win their final five games. And those final five games were scheduled against a gauntlet of teams who were locks for the playoffs already — each with their own valid dreams of winning the Super Bowl.
But the Bills won against the Chiefs in Kansas City (I was there!). They beat Dallas. Then the Jets. Then New England. Finally, they finished off Miami to make the playoffs. And they continued the streak by beating their first playoff opponent, the Pittsburgh Steelers.
But this post isn’t about all that winning. It’s about HAVING to win.
The Bills put themselves in the unenviable position of playing MUST-WIN games for 5 straight weeks before entering the playoffs tournament which are also MUST-WIN games if one hopes to win the Super Bowl. All in, they would’ve had to win nine straight MUST-WIN games to become Super Bowl Champions.
Talk about long odds!
As the Kansas City Chiefs were running out the clock to eliminate my Buffalo Bills in this past Sunday’s game, I couldn’t help but think about the times I’d inadvertently found myself trading as if I HAD TO WIN.
Sometimes I was trading as if I had to win because I’d been on a terrible losing streak and I just wanted to get back to even. You might call this revenge trading. I’m not sure whether it was fear of accepting that I’d lost, or greed to get back what I viewed as “mine” that would drive me during these times, but I can tell you the end result was usually the same — more losses. [Read more…]
In today’s Daily Digest, we’ll review:
Let’s dig in! [Read more…]
Hey folks…
The entire All Star Charts team is presently in NYC hosting our Portfolio Accelerator event. So I will skip the preamble and get right to the point for today’s trade in $TSM… [Read more…]