by Trent Smalley, CMT | Feb 21, 2018 | Uncategorized
No fancy charts, no technical mumbo jumbo, no hunches. Just a bad company and even worse stock. It goes to $10 or it goes to $00.00. How is that for analysis? Long $SHLD stock here. OC
by Trent Smalley, CMT | Feb 20, 2018 | Uncategorized
During my scans this morning I came upon this beauty which I had forgotten about: $JO. The Coffee ETF looks to be setting up perfectly for a trade from the long side. The falling wedge has been setting up for over a year and we are starting to see relative strength...
by Trent Smalley, CMT | Feb 16, 2018 | Uncategorized
Yesterday, I did something I haven’t done in a long time. It made me feel dirty, filthy even. I followed someone else’s trade due to “unusual option activity.” I know I know, novice level sh*t. But, sometimes it is tough to ignore massive block...
by Trent Smalley, CMT | Feb 16, 2018 | Uncategorized
First and foremost, hat tip to Jeff at TradingAddicts.com for the idea for this trade early in the week. CMG is a stock that was nearly on my Do Not Trade List. It hasn’t been kind to me in the past. But even the sun shines on a dog’s ass some days, and...
by Trent Smalley, CMT | Feb 14, 2018 | Uncategorized
For those who aren’t aware, in our trading room at TradingAddicts.com we use the term “YOLO” when we speak of weekly option trades. You only live once, throw on this very unlikely trade, making sure to bet small. Some refer to these as Lotto Trades....
by Trent Smalley, CMT | Feb 13, 2018 | Uncategorized
There was an article this morning on Marketwatch that I could hardly believe was printed. “You Can No Longer Trust The 200 Day Moving Average As A Stock Market Indicator” (link above) For those who may not be familiar, moving averages are a basic tool that...
