Market Timing Indicators Predict Massive Gains

One strong day in the market doesn’t make a trend… but at the very least, two days make a streak.  As an index momentum trader I thrive in market conditions like the one we find ourselves in.   But one thing you want to be careful about is blindly buying the SPY’s...

A Stock Index Momentum Strategy That Gets Results

With so much uncertainty in the job market amid COVID-19 concerns, I expect to see a surge of new traders enter the market.  Interactive Investor, a broker out of the UK, said it saw a 119% increase in the number of accounts opened between February 18 and the end of...

90% Win Rate?

These have been some of the most difficult markets to trade-in.   The intraday volatility has been whipsawing traders out of their positions – causing them to overtrade and lose money.  Overtrading is one of the most painful mistakes you can make as a trader. ...

How I Use The RSI To Time Reversals

There is never a shortage of twists-and-turns in the markets. Almost every day there is something else that causes us to suddenly drop or launch higher. Up or down, chances are trading off price action alone— is not enough to signal when the market is going to make...

Using Support And Resistance The Right Way

When it comes to picking entries and exits, many traders do not take into consideration support and resistance levels. Unfortunately, that means they’ll enter at resistance and exit at support… which is just backward! Do you know why else? When you trade off support...

It Only Takes One Good Trade

Despite the worst jobless claims report in history, the market went on to have the best 3-day run since the Great Depression. But what now? Stocks went from severely oversold to now being overbought? The beauty behind my strategy is that I don’t have to guess where...