And today, I want to see if this monster dip is worth buying… Worst… Earnings Report… Ever The company reported earnings after the close yesterday and missed analyst expectations.The big line item is that daily active users were down slightly, making it the first decline in users on record.Facebook blames...
UBER: Reasons to Hold Through Volatility
Right now, technology and innovation are driving growth into Uber, which could eventually push the stock higher… Uber and the Ghost Kitchen Market — Don’t Miss Out Because of Volatility Last year a record 47.4 million U.S. workers voluntarily left their jobs for better prospects in what is known as...
February’s Market Outlook: Stocks Due for a MASSIVE Rally!
That’s without options, margin, or any leverage of any kind.Looking at the long-term average, that’s essentially a year’s worth of gains in a single month.All while stocks fell apart.How could you have known?By watching our January Outlook, of course…Wanna know how can you get ahead in February with Mike and Chad’s...
Robinhood? More Like Robber Baron
I believe it’s useful, since so many new ideas are really just updates of very old ideas.For example, crypto, to me, is just a collection of old ideas.I know crypto bulls believe they are trading a revolutionary technology.
Unusual Options Activity: Would You Bet $1.6M on a Stock Down 60%?
Last week, Roblox (RBLX) fell below its IPO price for the first time.The popular video game went public in March of last year, and went on to double its share price just six months later.Since November, it’s been a different story…With help from the overall market weakness, shares have dropped...
6-Figure Portfolio? You Gotta Earn It
It’s time to stretch those Strong Hands muscles.
Why Traders Sold the News From the Fed
Interest rate hikes will almost certainly start in March.Even though there were no surprises in the announcement, the Fed did surprise traders by releasing a document called, “Principles for Reducing the Size of the Federal Reserve’s Balance Sheet.”
Bank It or Tank It: Did You Catch the MSFT Rally?
As I was recording my latest Bank It or Tank It video yesterday, I came across something incredible, yet familiar.You see, as I sat down to run the unusual options scanner on Microsoft (MSFT), I wasn’t sure what to expect.The company just announced earnings the night before.
A Very Mean Reversion
Many people believe stock market prices are usually “correct.”
3 Tips to Ease the Portfolio Pain
As Mike Merson discussed in Monday’s Chart of the Day, this is the sharpest sell-off since the original Covid Crash and with fewer relief bounces.But the worst thing I could do at this point is bury my head in the sand just because I’ve lost a lot of money.I’m recalibrating...