In today’s Daily Digest, we’ll review:
- New position in XLU.
- No adjustments are needed today.
- An exit in USO.
- 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…]
In today’s Daily Digest, we’ll review:
Let’s dig in! [Read more…]
One of the things I’m trying to be better at this year is letting my winners ride.
In the past, I would often look to reduce my open risk in a winning trade too quickly because I was fearful of giving back hard won gains. I would let my emotions or my PnL dictate when I should exit a portion of a winning position.
Letting my emotions dictate anything is often a recipe for disaster – certainly for me.
Emotions are not an objective reason to exit a trade. We need to let PRICE tell us when our trades are invalidated or vulnerable. Price doesn’t lie, but emotions often do.
Easier said than done. Especially right now. [Read more…]
In today’s Daily Digest, we’ll review:
Let’s dig in! [Read more…]
I believe the options market is underpricing the possibility of a downside surprise following earnings coming up in Hormel Foods $HRL.
So we’re going place a long-shot bet that will pay gluttonously if we’re right. [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…]
Healthcare continues to lead to the upside. While we already have a bullish bet on a sector ETF, it’s time for us to drill in a little deeper in search of more beta if this trend is going to continue.
Today’s trade is in a name that has been performing great off its December lows and has also been in a longer-term bull market. But only just recently has it begun to outperform against the broader stock market.
Check out this chart of Merck $MRK: [Read more…]