We Called It!!

Earlier in the week we stated that gold would likely move upward if Joe Biden was elected. Although Biden isn’t elected president yet, gold still provided incredible price action like we called for. Gold prices push forward $55 an ounce once market closed! $GLD was green by 2.3% which is a huge percentage move for

Gold Rush

We are here again talking about gold and its power. But right now it holds more power than you may think because of the election. To keep it simple gold could very well make huge moves upward if Joe Biden is elected President. This being solely because of the COVID relief package the Biden administration

The House Always Has The Edge, Lets Be The House.

If you trade options frequently you will tend to find that they are very high in risk. But I’m telling you the risk can be lowered, while also not taking a big hit to profit potential. Buying traditional calls and puts is arguably the riskiest way to capitalize in the markets. In fact, almost 70%

The News Is Not Always Your Friend..

To start the week news arose that Microsoft would not be the company buying TikTok. Rather Oracle would be the new hero. Darnel made a post about this yesterday. A logical action to carry out after hearing this would be to short Microsoft right? We all thought so too, but today Microsoft had other plans.

Buy The Gold Dip?

On Tuesday 8/11 spot gold price saw its biggest one day crash since 2013. Dropping from $2030 an ounce, all the way back down to $1920. If you remember, this was the day Russia came out and sparked their own vaccine news. The news showed clear advancements no one would have expected which scared gold

Verizon Steps Up

We have made a recent discovery this week regarding how Verizon ($VZ) has been performing over the last few sessions. On days where the market is red, choppy, or showing mixed signals. Verizon trends upwards. Today the 3 major indexes showed uncertainty and chop. Early morning we saw a big selloff, then as the day

Significant Reject

Today seemed like the market would take yet another big trend upwards considering their was good vaccine news in the morning regarding Pfizer ($PFE). They went up 4% today on news that the FDA granted their vaccine “fast track status.” perhaps an even more important note is what happened with the $SPY today. With 2

Keep This In Mind!!

The market is going up, and this time it accurately reflects numbers. Unemployment numbers went down by 13% last week! 13 may not seem like a big number, but remember that’s millions of people. But as we approach Q2 earnings season keep this in mind. Q2 is the only quarter where companies have financial numbers

The Robinhood Takeover?

Over the last few months data has shown that there has been a huge pop in the amount of traders in the market. A lot of people seemed to have caught on about the potential gains stocks and options could bring. Most users are using Robinhood to make option trades about hyped up stocks, and

Tech Rotation

Remember earlier in the week we said be on the lookout for specific sectors outperforming the market? This week it has easily been tech. Yesterday we saw Apple hit all time highs, today we saw Microsoft and Tesla do the same. Each week it seems the market picks a sector to move significantly. This is