The following is a chat between Rob and one of the many traders he helps coach. The chat took place the morning of September 2, 2023 and takes a look at IF-THEN statements, getting faked out with entries, stopping out with exits, gap fills, breakouts and more.     Trader: Rob, in regards to if-then statements: I will create an if-then similar to the ones you illustrated on Monday’s show with Josh. IF this stock breaks past s2, THEN i will be stopped out. IF the stock reaches up to the previous close, THEN I will go short. The problem for me often is that the marke ..read more

As we step into the second half of 2023, the financial landscape seems to be shrouded in a cloud of uncertainty, with many fund investors and fund managers admitting they don't know where to go from here. The market has shrugged off further rate hikes, inflation and recession concerns and climbed that wall of worry. AI has given the market some tailwinds but perhaps too much too fast. Wall Street forecasters are now scratching their heads as they peer into their cloudy crystal balls, wondering what the rest of the year has in store. It's clear that for some, the traditional playbook for market ..read more

The following is a chat between Rob and one of the many traders he helps coach. The chat took place the morning of July 14, 2023 and takes a look at the latest bank earnings and how to interpret them, plus more.   Trader:

 Earnings season is about to ramp up: C, JPM, WFC all beat estimates.... and show beats in revenue estimates as well Citigroup getting boost from credit card revenue.... they're the world's 2nd largest credit card issuer Rob: Just a reminder about market logic. The market factors in everything it knows or can anticipate. The age old adage of buy rum ..read more

The following is a chat between Rob and a couple of the many traders he helps coach. The chat took place the morning of July 12, 2023 and takes a look at the relationship between inflation and the USD, plus more.   Opinions are a very cheap commodity. Everyone, including myself has an abundance of them for anyone that will listen. Some accept other people's opinions, some don't. The key though, is if one is influenced by other's opinions to reach a decision, one most likely lack's conviction and the odds of success could be lower. Carefully consider opinions ..read more

The following is a chat between Rob and one of the many traders helps coach. The chat took place the morning of June 28, 2023 and takes a look at the tech sector, how to determine if there is actual strength in the economy and more.     Trader, 7:47 AM Some observations: 1. Semis were down premarket on a negative headline. Given the strength in tech and NVDA being a market darling, this was a good buy the dip opportunity. 2. Staples were down this morning off GIS earnings. Given the fervor in the market for the tech leaders, it isn't surprising that there don't seem to be b ..read more

The following is a chat between Rob and one of the many traders helps coach. The chat took place the morning of June 30, 2023 and takes a look at the effect of Window Dressing at the end of the month/quarter as money managers add or remove certain stocks in their portfolio.     Trader, 7:08 AM Impressive action after a big gap up. Guessing this is the institutions buying the performers of the quarter Rob, 9:08 AM I have compared a lot of groupings and pairs and about 80% of this is window dressing here is two examples...but you can look for a lot more NFLX vs DIS WMR vs TGT ..read more

What is Mean Reversion? Mean reversion is a theory used in finance that suggests asset prices and returns eventually reverts to their long-term mean or average.To put in similar terms, mean reversion can be understood as “Returning to the Average” in a broad sense.This concept assumes there is an underlying stable trend in the price of a particular asset or group of assets and that prices fluctuate randomly around this trend. In the context of the stock market, mean reversion implies stocks that have performed well over a certain period are likely to perform poorly in the future, and conversel ..read more

On the morning of April 17th, the USD moved higher, impacting the basic materials sector, primarily metals and also chemicals. Currency fluctuations can be utilized as catalysts for basket trading, but choosing a direction can be challenging. If you're looking to remain neutral to the USD while benefiting from increased volatility and movement in the sector, StockOdds has a great solution. In this article, we'll explore how StockOdds' Web Screener can help you identify stocks in the basic materials sector that are more sensitive to the dollar, allowing you to capitalize on opportunities c ..read more

Are you considering a career in trading but unsure whether day trading or swing trading is right for you? Both trading styles have their unique advantages and disadvantages. In this article, we'll explore the differences between day trading and swing trading, their respective strategies, and how StockOdds can help you excel in either approach. Whether you're looking to learn how to day trade for a living or master swing trading strategies, we've got you covered. Find out below which style suits you best, and how you can trade stocks like a pro with StockOdds.   Day Trading: Strategies and ..read more

A ..read more