I’m often asked how my trading firm traded 500 millions shares per month profitably.Most assume we had some fancy NYC quants working for us. But the truth is each trade was built on a very simple argument. From day one we wanted our traders to answer three simple questions.Who is in charge? (buyers or sellers)How […]
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American Express Co AXP Stock Chart Before Earnings 10.18.19What’s in Store for American Express (AXP) Earnings in Q3?American Express Co.’s (AXP – Free Report) third-quarter 2019 earnings results, scheduled for release on Oct 18, are expected to reflect a well-balanced mix of spending, fees and loans spread across geographies and customer segments. For the to be […]
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charles schwab Earnings season brings volatility. Charles Schwab is right, market participants need to learn to deal with the volatility.We live in a bold new 24 hour market. From professionals to rookies, we all look at the global markets when we wake up. And it’s awesome.Opportunity is everywhere. NFLX was trading over 8% higher after […]
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Netflix Inc NFLX Stock Chart Before Earnings 10.16.19 Yesterday was a day trader’s market.We saw text book open range breakouts and incredible follow through. Yesterday’s coaching calls focused on “holding the winners.” My answer was an emphatic NO.This one area of trading seems to mess up most traders. How to assess profit potential makes the […]
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GS Goldman Sachs Group Stock Chart Before Earnings 10.15.19Banks look to put earnings recession in reverse, but aren’t expected to succeedEarnings Watch: JP Morgan and Goldman Sachs among seven Dow components expected to report this week as earnings season revs into gear after two straight quarters of decline marketwatch.com/banks-earningsGoldman Sachs Stock in Trading Range Ahead of […]
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