DASH Earnings and a Lesson On Spreads to Boot

While markets are having a fit, we can spend time learning new things.

This video is to demonstrate what a diagonal means in options. Options have "spreads" of many types. Vertical, calendar and diagonal are three.

Recently I shared a lesson on a ROKU call diagonal which turned out to be a good earnings trade.

Today I am sharing an example on DASH (reports tonight). This is NOT a trade setup (I am not taking it).

But it can serve as a great lesson using puts on what is a calendar spread.

Watch it HERE

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Nic

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Why the Fed May Fail

Happy Friday,

This is a short video to make 2 points: 1) Why dips in stocks are still buy-able. and 2) Why the Fed's rate hike will fail to slow the economy much.

I explain a few important concepts including ...

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How You Can Better Trade with Confidence

If you need help with charts watch this action from today.

Nic

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Day Traders - Pay Attention and Know Your Opponent

This video addresses an important point for those who are day trading. In this day and age, it's important to know your opportunity pluses and minuses.

I bet that all of you pick the right stock. Where the problems come ...

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Demystify Iron Condors and an AMD Setup to Boot

A quick discussion to demystify Iron Condors. This is a popular options strategy that sounds complicated but this should help shed some light on it.

This is not a trade alert although it is a statistically viable setup.

Watch it ...

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Be More Successful Chasing ChartLines not Headlines

Good evening,

8 minutes about
1) Proof that news isn't going to help us be better traders
2) Charts most definitely can help us be better traders

Watch it HERE.

Nic

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Sunday Charting Video for 03/06

Happy Sunday,

Later this evening I will have a short & important strategy video. Don't miss it.

Below is the review of tickers that you requested.
- VIDEO
- Google sheets file with LINKS to each of the charts HERE ...

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Indices Did Good Things Today - SPY Point of View

The price action today made sense. Even though the score was negative, the indices followed proper price action given the overnight disaster.

HERE are a few thoughts from the live room to help clarify my point.

Nic

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Why I don't Like Oil Stocks at These Levels (CVX XOM XLE)

In case you don't already know it, I am not a fan of oil stocks at these levels.

Remember that I recommended them long but it was miles below current prices. Now the situation is opposite.

Here are my arguments ...

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What the Heck Just Happened Today?

Holy moly... that was wild.

HERE are 8 minutes to explain how I would deal with this mess tomorrow.
Also there is a brief discussion of AFRM and trading it.


Nic

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Update on FANGMAT: FB AMZN NFLX GOOG MSFT AAPL TSLA

FANGMAT update: HERE

Enjoy,

Nic

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Bitcoin Crisis? Or Hogwash? And How to Trade It

Happy Sunday folks,

The media is catching on to a Crypto (really Bitcoin) bearish setup.
Here is a video with a simple message:
1) Technically at risk? Yes. End of crypto? No!
2) I have dry powder to buy the ...

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