Thursday, January 5, 2017

Top 5 Regimen Changes To Make You Trade Better

Trading is a hard career, that many fail at. Over the years, from experience I learned a lot of tips and tricks to help me become a winning trader. I will share them below:

1)Watch CNBC and read popular Financial News Headlines. When they panic, you know its time to really panic.
2)Sing nice songs to your stocks, make them feel good. When you're pissed don't short them to revenge trade. Bad karma. They remember.
3)Make sure to follow all the well followed hindsight traders, their after-the-fact commentary will help you become a better trader.
4)Read everyones opinion on the stock market, especially on social media. The most popular opinion tends to be the right one.
5) Trade naked. Be one with the stock market. Feel it inside of you.

Thursday, December 22, 2016

Where Sarepta Therapeutics ($SRPT) is Heading in 2017

SRPT stock chart analysis

Word of caution I'd like to get out of the way first: Biotech stocks don't necessarily follow technical analysis.  However, those that show impressive technical strength can use technical analysis to predict future price(often, not always). One such stock that fits this criteria is $SRPT. 

Barring some unforeseen news such as trial deaths or severe changes in the fundamentals of the company, the technical strength shown in $SRPT will likely results in the stock receiving a significant bounce in 2017. The chart above highlights the extreme technical strength displayed a few months back, and since then the stock has pulled back. A certain degree of this pulled can be attributed to the working off the overbought condition due to the impressive move in October.

Saturday, October 8, 2016

Is Twitter Finished?

Twitter TWTR stock chart technical analysis

Twitter has been a favorite of mine since early May (prior to LinkedIn's buyout). These last two weeks, Twitter has had a very impressive run up on buyout rumors. However, those buy out rumors have faded and the stock has tanked over 30%. 

The buying strength shown due to buyout rumors is too strong to ignore (+35%) and buyers will be back. I don't have a specific buy price, but I do believe it will receive a significant bounce in the medium term (within 2 months).  Twitter is definitely not done.