Mark Fishman maintains multiple investment portfolios. He has a traditional buy-and-hold portfolio for long-term positions and an active trading portfolio where he practices the A.M.P.D. trading strategy. Each portfolio has its own mechanisms for managing risk — the important thing is not to get them mixed up.
There’s an argument to be made that the $QQQ is forming a bearish pennant. As support and resistance converge, the price will have to either break down or break out. Technical traders look at the bearish pennants (when the flagpole that kicks off the downward trend points down), as a sign that the stock might…
Don’t fight against market conditions! The “D” in the A.M.P.D. trading strategy stands for “Defense,” and as the markets move into correction territory, defense is key. In today’s podcast, Adam Sarhan talks about how A.M.P.D. traders use protective stops to avoid big drawdowns when the market contracts, and he stresses the wisdom of aligning yourself…
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…