Master Trader Plan for Week 2-11-19

Last week the broader markets were little changed from the prior week’s close — but not before moving higher early in the week. Last Monday things started quietly but at the 10:30 ET reversal period buyers took control and prices rallied right into the end of...

Advisory Letter Update 2-4-19

The markets closed strong, again, so our desire to start shorting with the bearish overbought market internals is not ready. This 15-Min. chart of GOOGL shows the post-market trades after it announced earnings.  After an initial bullish move higher, it tanked, and...

Master Trader Plan for Week 2-4-19

Last week the broader markets gapped lower on Monday. There was additional selling on Tuesday; however, on Wednesday, buyers crushed sellers once again. The broader markets and most stocks gapped higher and continued higher on Thursday, which was helped by Facebook...