For this week’s trade, buying $XLI January 130 calls for 35 cents or cheaper.
Get the full details, risk management procedures and targets for this trade here:
Expert technical analysis of financial markets by JC Parets
by JC
For this week’s trade, buying $XLI January 130 calls for 35 cents or cheaper.
Get the full details, risk management procedures and targets for this trade here:
by JC
Today we sit down with my old pal Larry McDonald.
When it comes to the bond market, Larry is the guy I want to talk to. And with Bonds getting off to their worst start to a year, maybe ever, what better time than the present to dive into the fixed income markets?
While I had him, we also discussed the equities markets, commodities, metals and Crypto.
This was a fun one.
I hope you enjoy it as much as I did.
by JC
For this week’s trade, we’re selling an $XLI May 97/105 Strangle for approximately $2.85 net credit. This means we’re naked short both the 97 puts and the 105 calls.
Get the full details, risk management procedures and targets for this trade here:
by JC
Today we sit down and chat with Professional Trader Kimmy Sokoloff.
I’m lucky to have known Kimmy for well over a decade, and we hit it off from the start.
Kimmy went through the CMT program in the 90s. And funny enough, volunteered later on with the CMT Association to grade Level 3 exams, which are mostly essays. We joke that she most likely graded mine in 2007-2008.
While I like to look out weeks and months for my timeframes, Kimmy focuses specifically on the hours and days. A 2 week trade for her is “Long-term”.
We’re both trained in similar ways, as CMT Charter holders. But our experiences are different.
Kimmy spent most of her career in Institutional Sales and Trading. She spent decades on the phones all day with huge funds.
So when Kimmy has something to say, we want to listen. I hope you enjoy this as much as I did.
by JC
In today’s video I sit down with Anne Harris, Client Success Manager at Magnifi.
So what is Magnifi?
How should we get started and begin using the platform?
Anne answers all of my questions and more in this short video about Magnifi, my favorite new investing search engine.
You can sign up for a Free Magnifi account using this link
by JC
For this week’s trade, we’re putting on a GrowGeneration $GRWG January 7.5/15 Bullish Risk Reversal for a small net credit.
This means we’ll be selling Jan 7.5-strike puts short and using those proceeds to purchase an equal amount of Jan 15 calls
Get the full details, risk management procedures and targets for this trade here:
by JC
On this episode of Pardon The Price Action, we continue to see cyclical stocks showing relative strength and popping up on our new highs list.
Are you still stuck in American Growth stocks, or have you moved on?
Metals and Mining stocks are also breaking out to new highs, both in the U.S. and Internationally.
The U.S. is the worst performing country in the Western Hemisphere in 2022. Are you paying attention?
Where do we go from here? What are we buying? What’s the next move?
All this and more on this week’s episode of Pardon The Price Action.
Check out the full video:
by JC
What’s the trade today?
Is it a long? Is it a short?
Is it a neutral trade?
In today’s video, Sean and I talk about what to do when there’s nothing to do!