Today was yet another painful market crash. Jerome Powell and Janet Yellen spoke today and they reiterated more of the same: inflation projected long term to be ~2% and they intend to keep it that way. So with no real “news” why did the market crash? Yet again? This is the third crash as JPow … Read more
At 2:00pm today, Fed chair Jerome Powell gave a live report on the Federal Open Market Committee’s (FOMC) projection for inflation and economic growth over the next two years. Basically he said more of the same that he’s been saying for weeks: nothing is changing in the near future and the fed will continue to … Read more
Today’s stock market was the first green day in a series of devastating red days throughout the last month. When the stock takes a dip, panic selling is commonplace. It is almost always a mistake. People often say that they’ll get out before it gets worse. And then say they’ll buy back in after it … Read more
If Tuesday was a red day on the stock market, today was… Crimson? What’s redder than red? Uber red? Well, that’s how it was today. Superslide down and down. Combination of reasons, you pick and choose which one you think caused this, but it’s a bit of everything. The 10 year Treasury bond went up … Read more
Every time we enter a trade, are are subject to the changing market conditions. Just like a sailor must embrace the changing winds. Today, the stock market was bloody red. Right from pre-market hours right through the closing bell. For me it was especially painful because of my Options Positions on TSLA. Over the weekend … Read more
I woke up super early suddenly. An idea struck me like lightning and there was no way I could stay in bed, let alone stay asleep. Let’s back up. This whole week has been red days on the stock market. I had a ton of put credit spreads open from last week – some I … Read more
The stock market decided to take a dive at about 10:10 am this morning. The S&P dropped 1.0% over the next 40 minutes. DIA dropped 0.8%. And what I really care about was TSLA falling from the market open at $843.15 all the way down to $800.02. TSLA spent the rest of the day teetering … Read more
This is on my To-Do list. I need create a plan for trading. I need to define the strategy. What to look for; the conditions to determine when to enter the trade. Pick my trade sizes. Select my profit and stop loss targets. Figure out which platform to do all of this in. And then … Read more
Fear, Uncertainty, and Doubt. When the high volatility swing pulls your stock investment down by 70%, what do you do? You know you should have had a stop loss and profit target when buying the stock. You know that there needs to be a catalyst to get the stock to move back up. You know … Read more
It’s now February and the weekend has largely splashed cold water over the burning fire that was GameStop. The weekend was filled with articles about how redditors have “moved on” from GME and now looking for the next great short squeeze. There was an incredible amount of info pushing retail investors towards the silver market. … Read more