Here's a short video why you shouldn't chase stocks. ZorTrades_Beta best deal on the web; trading education, daily and weekly set-ups, access to me.
In this video I discuss; Core Holdings The Weekly Holdings For ZorTrades_Beta Members. Overbought vs Oversold indicators. Risk-Reward trades. A different approach to trend following. ZorTrades_Beta Is Now Live
In this video I discuss; $SPY rallied +8%. Does Volume matter. What kind of set-up is working now. Building Scans. What's next. ZorTrades_Beta Is Live
$ADIL $MRIN were two stocks that provided decent trading opportunities today. $MRIN I flagged earlier today for the members of ZorTrades_Beta when the stock was trading at $5.64, it went up 18% after that. $ADIL was one that I flagged intra-day, it closed up 26%. Both of these stocks you would've found in one of my favorite intra-day scans that captures mean reversion set-ups. If you study the most recent best-performing stocks every week, you will conclude that about 25-30% of them share a specific pattern on a consistent basis. By studying today's best-performing stocks you will know what's working now and [...]
The first one is an old one but a good one, and probably my favorite, Mark Douglas author of Trading In The Zone sits down for nearly two hours talking about trading, the first 20-minutes will more than likely change the way you think about trading; What Makes A Successful Trader by Nick Radge is a great one as well, he talks about losing and winning streaks, he also delves into some of the most successful trend followers of our generation; Bill Dunn, Eckhardt, and others. "Remove yourself from the trading environment, think the next 1,000 trades." ZorTrades_Beta Is Live; [...]
Monday the 24th it was a half day for the markets, and by the close, it looked, seemed, and felt like the wheel where falling off. The $SPY closed lower for the 8th day in a row, down -12% in the last 11 days, and to boot, it gapped down after the 1 o'clock close. From Monday's low to Friday's high the $SPY rallied 7.5%, it was an epic week. Here's what you missed; Another Great Interview By Stanley Druckenmiller Stretched Like Rubber Band, Bounce Imminent Insiders Are Backing Up The Truck Can You Hear Me Now It Was An [...]
This is how you find and keep track of future market leaders. #IBDPartner MarketSmith was designed to help you make money in the market.
The market had a rubber band style rebound yesterday, quite frankly we were stretched and due for a bounce. The Dow Jones was up 4.98%, the S&P-500 +4.96%, and the Nasdaq was up +5.84%. One breadth indicator that caught my attention was the number of stocks up 4% or more on the day; this is a Pradeep Bonde indicator you can learn about it HERE. One thousand seven hundred seventy-nine (1,779) stocks were up 4% or more yesterday; this is a huge amount, only a few times in the last 8-years have we come close printing a figure this high. [...]
Verizon $VZ has been holding up exceptionally well relative to the market's recent meltdown. Based on Investors Business Daily RS rating calculation, $VZ is outperforming 92% of the stocks in the market. $VZ has been trading sideways for roughly 5.4 years between $45 and $54. Investors have gotten paid to wait, $VZ sports a 4.5% yield right now, however, I believe the stock is ready to start moving higher the minute there is some pressure relieved from the market that will not only pay the investors but the traders as well. I'm sure you heard the saying; the bigger the base, [...]
Insiders have taken this recent sell-off to buy some stocks. As you can see on the chart below, they tend to become aggressive on the buy side during market sell-offs, August 2011, and the middle of 2015. This makes all the sense in the world, they are probably seeing bargains in the stocks they know best. Finviz is a great source to find insider information for free, you use this LINK to see all the latest insider buying info. Insider buying is just a piece of the puzzle and a starting point for more research into the company. $CHK is an [...]