Category Archives: Strategy

Everyone is eager to jump in on oil’s upside after the attack on Israel. First of all, my heart goes out to those affected by this unjust attack. I’ll keep everyone in my prayers. And today is not about profiting from war. If you know anything about me, then you know where I am goingContinueContinue reading “Chart of the Day: How to Play Oil’s Upside”

If you’ve been looking for a sign, one that jumps out and kind of grabs you by your collar, this is it. This price pattern, one of the most popular studied and traded, is screaming a top is in. Maybe it is just a short-term top. Maybe it is the ultimate top. That will takeContinueContinue reading “This Popular Price Pattern Just Signaled a Top is In!”

Have you looked at the 30-year mortgage rate recently? It’s the catalyst for the next crash, so it is worth paying attention to. The issue isn’t a housing crash. It’s a credit crash. Housing will dip, but not like ’08. The problem lies with how quick rates raised. There are people who just got into aContinueContinue reading “Market Update: “M” Pattern in Play for SPX”

I get it. AI is hip. It’s cool. And if you say you can help use it on daily tasks, it’s a great look. But this is not the next crypto wave where everything with AI in its name shoots sky high. This is different. And I think Microsoft just marked the top. I love AI justContinueContinue reading “MSFT’s New Artificial Intelligence Subscription Will Mark the Top!”

This time it’s different. The quote, “The four most dangerous words in investing are: ‘This time it’s different,'” is attributed to Sir John Templeton, a renowned investor and mutual fund pioneer.  As his name alludes to, this is not a recent quote. Templeton was born in 1912, just before the Federal Reserve was created. HeContinueContinue reading “The Four Most Dangerous Words in Investing… And I hear them every day!”

Selling options for income was my number one income strategy for basically a decade. 10 years, it would outperform almost all investment strategies. But this strategy has been on hold for over a year now. Here’s why… Selling Options for Income is on Pause I’m not abandoning it forever. It is still my favorite wayContinueContinue reading “Selling Options for Income is Still on Hold, let me explain…”

I’ll be the first to admit, we are not always right. The other week, I wrote that it was the perfect time to turn bearish. Stocks have slid lower since then, but I could still be wrong. But it hasn’t stopped me from staying bearish in June as we look for more opportunities to the downside.ContinueContinue reading “Stuck Being Bearish? That’s Okay, here’s why…”

The Fed sounds like they have everything under control. Pausing rate hikes, no recession (officially) yet, and inflation is tamed. From a basic perspective, everything is awesome, just like the Lego Movie theme song. Or so it seems. The Fed decided to keep rates steady yesterday at their June meeting. This was met with aContinueContinue reading “It’s the Perfect Time to Turn Bearish, Here’s Why…”

Welcome to the Chart of the Day! With the FOMC meeting concluding later today, and more news about rates, this is a timely chart. Regardless of what the Fed does today, until they drastically cut rates, it’s hurting the economy. And this chart shows just how sharp the pain may get for the U.S. ThisContinueContinue reading “Chart of the Day: U.S. 7th Highest Country with At-Risk Housing Sector”

Let’s kick off this week with a look at the Relative Rotation Graph (RRG). In it, we will see exactly which sectors are set to outperform over the next 10 days, and which sectors are set to weaken. For starters, not every sector is at a pivotal rotation point, and that’s okay.  I want to shareContinueContinue reading “Monday Movers: Staples Looking Up, Tech Set to Weaken”