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Community MemberSteve posted an update 3 weeks ago
The State of OptionsPlayers letter is coming up, as it does every year, and I’m already receiving emails from many of you sharing your success stories from last year’s letter, along with your excitement for this year’s edition. Trust me, I completely understand your anticipation! 😁🎯
Last year’s letter surpassed the one before, which was…
Steve posted an update 3 weeks ago
Explaining the POP before DROP
When stocks have been range-bound for a while, meaning they are trading within a defined price range without significant upward or downward movement, we sometimes see a brief “pop” in price just before a larger drop. This phenomenon can happen for a few reasons:
- False Breakout or Bull Trap: Traders often…
Steve posted an update 3 weeks ago
Upcoming Election Trade Thoughts
Electric cars have a “Republican problem,” GOP strategist Mike Murphy said, with eco-friendly vehicles seen as the domain of Democrats, Bloomberg suggested this week. Even high-profile appearances for former President Donald Trump by Tesla founder Elon Musk hasn’t helped reverse decades of derision against…
Steve posted an update 3 weeks ago
Walmart and Waltons Moves
The Waltons, heirs to the Walmart fortune, have historically taken a strategic approach to managing their significant stake in Walmart. Whenever Walmart’s stock experiences a major upward move or “pop,” they often sell a portion of their shares. This isn’t due to a lack of confidence in the company but rather part of a…
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