How to Trade Options: An In-Depth Series
Learn how to successfully trade options from veteran trader Michael Kopera in our new in-depth options trading series. Join us as we explore the fundamentals of trading options in this first installment.
Look for Opportunities in Global Markets
The market absorbed bad news from two major companies and the S&P rallied back to even which is very typical bull market behavior. Today the global markets are in neutral territory with the Country Fund ETF Universe showing a ConnorsRSI reading of 52.65. Making You a Better Trader To improve, you must continuously learn… I’ve […]
Getting Ready for Monday Morning’s Trading 7/20/13
Here are the stocks, ETFs, and Leveraged ETFs you need to know for Monday morning. Click here to learn how to identify and systematically trade high probability options setups in a free webinar with Larry Connors. The following securities are the most oversold and overbought according to ConnorsRSI for Monday’s trading. Click here to download […]
Equity ETFs Inundated with New Money
Last night I read the nightly market report I receive from BNY/ConvergEx which gives us all a better idea of where this rally is coming from. According to the report “over the first 12 trading days of the new quarter, investors have added some $24.4 billion of new assets to ETFs which focus on U.S. […]
Essential Skills for Swing Traders: Part 3
We’re all aware that there are a myriad of ways to approach identifying pullbacks in the market, from simply cherry-picking securities to using complex variations of multiple indicators. We rigorously test and retest to create quantified pullback trading strategies that produce maximum consistency and accuracy. One of the factors we prioritize is the ‘quality’ of […]
How To Trade Options – Part 6: Comparison Strategies (Break-Even)
Join Michael Kopera in the final installment of our options trading series as he examines the last set of comparative trades and provides insights from his personal experience with the options market.
Awaiting the Approaching Pullback
Yesterday I mentioned that bull markets will often pause a few days after being overbought, and that pause is all that’s needed before the next leg higher occurs. The last three days of sideways movement in the US has brought the market back to neutral conditions. The bias remains higher in the US but there […]
How To Trade Options – Part 5: Comparison Strategies (Gain)
For the 5th part to our options trading series, Michael Kopera expands upon the strategy comparisons by looking at a winning trade and analyzing how it fared against trading the underlying security.
Sideways Movement Stabilizes Market
Bull markets will often pause a few days after being overbought, and that pause is all that’s needed before the next leg higher occurs. The last two days of sideways movement has brought the market back to normal and the ConnorsRSI reading on SPY is under 35. Another day of this pause/pullback may yield us […]
How To Trade Options – Part 4: Comparison Strategies (Loss)
Michael Kopera dives down into the trading results between using the options trading strategies weÆve previously covered and trading the underlying security in this latest installment of our options trading series.
Heads or Tails Mr. Bernanke?
The SPX declined -7.5% from the 1687 5/22/13 symmetry high to 1560.33, and has now advanced +7.7% [low to high] to a 1680.19 high. The initial leg down from 1687 to 1598 [-5.3%] reversed off the 50DEMA and made a 1654 high [+3.5%] on 6/18/13, which was the 51.6 month Pi time symmetry [6 x […]
QQQ Continues to Rise – Is a Top Approaching?
QQQ has now risen 14 days in a row and all else is normal in the world. Everyone is waiting for this market to break, myself included, but as I mentioned yesterday bull markets can remain overbought for quite some time. The excess cash out there is under full pressure to be put to work […]