On today’s video I have one more potential long stock play on Colgate-Palmolive (CL) if the market trades up through 108.68. Be sure to watch today’s video to get all the details on this stock play. I also update you on the stock symbols of Tiffany’s (TIF) and Salesforce.com (CRM) long plays. I sure hope you enjoy this video and learn a lot from it.Have a profitable day and be sure to watch the FREE Video Series Doc, Dave and myself are making available to you. Continue Reading…

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In today’s video I quickly update you on the long Tiffany’s (TIF) stock trade that we entered into yesterday – as of right now nothing has changed and the trade so far is looking good. This morning another stock trade set up on Salesforce.com (CRM) for a long trade at 171.45 – as of right now CRM is trading at 173.00, not too shabby to start this trade off. Be sure to watch today’s video to get all the trade details. Continue Reading…

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This week’s watchlist of stocks, plus a simple adjustment that I have been making to my Iron Condors to keep them cool in this hot market. Continue Reading…

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In today’s video Serge Berger of The Steady Trader discusses the power of candlestick trading and how it drives technical analysis. Candlesticks are powerful formations that allow chart analysts to depict significant turnaround / pivot points in sentiment and price. Candlestick trading is an invaluable piece of Serge’s successful swing trading style. Check out the “candlestick trading” video below:

Candlestick Trading

Candlestick Trading

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A Brief Candlestick Trading Summary & Overview

What Exactly Are Candlesticks?: Candlesticks, within a Candlestick Trading context, are simply just another way to display intraday, daily, weekly, monthly etc.. price action. Candlestick trading actually originated back in the 17th century when the Japanese used this form of technical analysis to trade rice. While the early version of candlestick trading differed from what became the US version initiated by Charles Dow around 1900, many of the principles remained the same, including:

  • The “what” (price action) is more important than the “why” (earnings, m&a, news, etc..).
  • All known information is reflected in the price.
  • Buyers and sellers move markets based on expectations and emotions (fear and greed).
  • Markets fluctuate.
  • The actual price may not reflect the underlying value.

Why Use Candlesticks?: Traders have increasingly turned to candlestick trading over the past few years for a few reasons but most notably because the candlesticks provide much more visual information than standard line or bar charts and candlesticks display both price action and investor sentiment with footprints.

Within the video Serge explains that formations are key, and not only are they key they are also pretty easy to spot with a little training. But what formations should traders pay most attention to? Serge identifies 3 key high probability formations each trader should be able to recognize and act on swiftly to generate profits. Other topics covered in the video include detailed discussions on candlestick trading confluence zones as well as a comprehensive discussion on key stops and price targets.

Candlestick Trading 

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Where to next for the S&P500?

by Phil on February 11, 2013

in Index

After six straight weeks higher from the -Fiscall Cliff- bottom, where are stocks headed next? Let’s look at the S&P500 to see…Continue Reading…

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On today’s video I take you through my thought process on two stock trades. The first one is Tiffany’s Inc.(TIF), which is a long trade that was executed about 10 minutes after the opening today. The second trade is Exxon Mobile (XOM) which is a potential long trade because it has not been executed yet.

Be sure to watch the video to learn more about these two stock plays and see how you can learn from them. And be sure to watch for an email first thing tomorrow morning because it’s the first of a three part video series from Doc, Dave and myself that I know you will really enjoy. Have a profitable day and I hope today’s video helps you in your own trading. Continue Reading…

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In today’s video Jake L’Ecuyer of Benzinga’s Equity Research Desk shows you how to obtain free hedge fund style “equity research” reports for just about any stock in the market:.

Equity Research

Equity Research

Free Hedge Fund Research

In the video Jake covers… 
– The process and secrets behind Benzinga’s Research Desk
– Where to find the information that matters
– How to sift through the infinite data available
– Determine what data is useful for making a decision

How Is This Different From Other Equity Research Sources?

This is a dedicated hedge fund style equity research platform manned by over 10 internal equity research analysts whose job is to reach out to other equity research analysts and traders across sell-side institutional firms as well as hedge funds to bring to you, the retail trader, unparalleled access to information to base your stock trades on.

Valuable Insight From Equity Research Analysts Around Earnings

The platform is critical for traders, especially around earnings when whisper numbers and last minute sentiment changes can make all the difference in the world when it comes to your trading profits. Detailed analysis of how stocks moved around previous earnings, real-time up to date research reports from the leading equity research analysts on the Street, and a comprehensive breakdown of each relevant earnings-related statistic is at your finger fingertips using the Pro platform.

Developing Trading Ideas From Aggregate Equity Research Analyst Reports

Everything is in one place, that’s the beauty of the Pro Platform. Where else can you find EPS estimate changes, updated short interest statistics, and a list of relevant upcoming catalysts all in one place. Jake demonstrates in the video the power of having all of the most relevant information that’s baked into a stock’s price all on one page. This aggregated data can help you either formulate new trade ideas or potentially give you more (or less) conviction in an idea you already have. Either way it’s a win-win for you.

Access to real-time information from institutional equity research analysts is the real edge with the Pro platform. I challenge you to find a more complete / comprehensive resource for retail traders that doesn’t cost a mini-fortune. Complete data and speed of delivery is the name of the game. If you are relying on stale information from the likes of Google and Yahoo Finance to base your trades on, you are starting at a MAJOR disadvantage. I encourage you to check out the Pro Platform at no cost for a limited time:

>>> Pro Platform — Limited Time Free Access <<<

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Tops are a Process?

by Phil on February 8, 2013

in Stocks

Tops are a Process….Bottoms are an Event…..Stocks take the stairs up, and the window down. What do these statements really mean?

S&P 500 Tops

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Unfortunately the Crown Castle (CCI) long stock trade never materialized yesterday, but there’s still a chance it may happen today or tomorrow – be sure to watch today’s video to see exactly what I’m seeing and waiting for on this stock play. I then explain to you how I missed a great trade yesterday morning by not being organized and rushing through my daily routine. I know you can learn a lot from today’s video, so please be sure to watch. Have a profitable day and please learn from my own mistakes and screw ups. Continue Reading…

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Whether you are trading binary options, weekly options, or plain vanilla options, earnings announcements present great opportunities to profit off of event volatility (or lack thereof) in the underlying asset. Today we highlight Exxon Mobil (XOM) options and discuss how smart options traders take advantage of high probability setups around earnings announcements.

Trading Options Around XOM Earnings

trading options around xom earnings

Before jumping into the mechanics of this high probability trade we need to review briefly the anatomy of the price of an option. Remember that an option’s price, while quoted as a pair of bid / ask values, is in reality the sum of two components. The current market price is the combination of the extrinsic and intrinsic components of the individual option contract.

The extrinsic component can comprise the entirety or only a variable portion of the market price of an option. All options contain at least a small amount of extrinsic component.

The intrinsic component of an option may comprise the majority of the value of an option, as for example a deep in-the-money option.  Conversely, an individual out-of-the-money option routinely contains no intrinsic value whatsoever.

As an example, consider two current option prices from the Apple (AAPL) option chain as the price of the stock is around $450. The deep in-the-money March 400 call is priced at $54; it consists of $50 of intrinsic premium and $4 of extrinsic premium. In contrast, the out-of-the-money March 500 call is priced at $2.60. It contains $0 of intrinsic value and $2.60 of extrinsic premium, or the entire price of the option. Continue reading...

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