Trade Ideas

My friend Carter Braxton Worth, technician extraordinaire from Cornerstone Macro Research had this comment in his note yesterday about mega-cap tech’s strength yesterday: Each of the top 5 stocks in the S&P 500 Index rose …

Twice in April when shares of Slack (WORK) were trading in the mid $20s I detailed bullish trade ideas on the stock, targeting a breakout in the summer above $30 (here and here). The premise …

Investors are in FOMO-MODE.  The Nasdaq Composite is up nearly 8% on the year, while the S&P 500 is down less than 4% on the year. While I keep hearing about a rotation out of …

The stock market has rallied much further than I thought it would in late March, with the S&P 500 (SPX) up 40% from the March 23rd lows, down only 10% from its all-time highs made …

Twitter is a pretty useful tool for traders/investors who are interested in popping out of their own thought bubble throughout the day. An hour ago I saw this tweet from Deidra Bosa (one of my …

Dicks Sporting Goods (DKS) will report its fiscal Q1 results tomorrow before the open. The options market is implying about a $3.60 move tomorrow or about a 10% move in either direction, which is rich …

Today after the close Salesforce.com (CRM) will report its fiscal Q1 results. The options market is implying almost a 4% one-day move in either direction tomorrow, which is rich its 3% average over the last …