Although $NVDA had a good earnings report, the stock price fell, and the $SMH and $QQQ fell along with it. The stock market is a forward-looking mechanism, and my read is that all the enthusiasm for the semiconductors (which are fueling the AI revolution) has already been priced in the market, and buyers are taking…
Over the last month, our guests Michael Lamothe and Dennis Wilborn have told us a little about their swing trading tactics. Swing trading is similar to Adam Sarhan’s A.M.P.D. trading strategy as both use protective stops to manage risk and keep losses small. Swing traders often take profit out once a position reaches predetermined gains…
In many ways, the market is like the wind — you can’t control it. It’s going to do what it’s going to do. As a self-guided, independent trader, if you study the market and learn how it moves, you can learn to align yourself with market conditions, and to an outsider, it may appear as…