The Biggest Check I’ve Ever Written Was Given to the Wrong Person

[originally published August 2, 2017 on medium] Sometime during March or April 2000, I hand wrote a check for $50,000. Writing out “fifty thousand and 00/100” and scribbling my chickenscratch signature was a surreal experience. This was by far the largest check I’d ever written (then and now!). And as...

19 Years In, My Greatest Trading Career Regret is…

[originally published May 8, 2017 on medium] No it’s not a trade gone wrong, a risk poorly managed, a missed opportunity, or a job or partnership I should or should not have taken. I have regrets in all those areas, for sure. But the number one thing I regret and...

Profit from Nasdaq’s “Digestion of Gains”

Just because a stock or an index is choppy and moving sideways doesn’t mean we can’t participate in some profits. There’s opportunity in every situation, especially with options. In a recent research note sent out to his subscribers, my boy J.C. Parets (@allstarcharts) wrote this about the Nasdaq: In the Nasdaq Composite,...

Why Options?

I started trading stocks in 1998 during the great “internet bubble.” 4 years later, I got interested in trading futures, and 3 years after that I started trading options which I’ve been doing primarily ever since. I’m often asked why I trade options these days? And it’s usually obvious the...

First Financial Bancorp $FFBC to be added to the @tradeideas HOLLY Hot List

“The time to buy is when there’s blood in the streets.” ~ Baron Rothschild Tomorrow’s addition to the HOLLY Hot List isn’t exactly getting pummeled in recent market action (…and that’s what I love about it). But the overall markets are having a rough go of it. And if you’re a believer that big bull...

First Quarter 2018 Review for HOLLY Hot List Trades, powered by @TradeIdeas

Let’s not beat around the bush — the 1st quarter of 2018 is the first quarter in seemingly forever that U.S. stocks actually lost ground. So let’s first talk about the losers. (who starts off with losers?) Here are the stocks that never really gave us a chance. We got in, and...

Five Below $FIVE to be added to @tradeideas HOLLY Hot List

When you’re bullish long-term and you’ve got an edge present in the market, you welcome market selloffs. While today’s market didn’t really do that much to reduce our basis for entry in $FIVE at tomorrow’s open, we’re always appreciative of any discount. And it feels apropos to purchase this “value retailer”...

Teledoc Inc $TDOC to be added to the @TradeIdeas HOLLY Hot List

$TDOC IPO’d in 2015 at $30/share. After a few weeks +/- a few bucks, the stock began a painful decent and never fully recovered for nearly two years into mid-2017. It has since spent the past 8 months-ish forming a high base just above it’s IPO price and now appears...

Goldman Sachs Declares: “It’s a Stock Picker’s Market.”

[originally published March 21, 2018 on medium] Spoiler Alert: We already knew that. Much has been written about the wave of “passive investing” sweeping The Street. Years and years of underperformance by actively managed funds has driven the nail home that only suckers invest with active managers. And the data has surely been...

Intel $INTC to be added to the @TradeIdeas HOLLY Hot List

It only took nearly 18 years for the NASDAQ to reclaim it’s all-time highs last set in the year 2000. /sarcasm But, strangely, one of the remaining tech darlings from that period which is alive and kicking as strongly as ever — Intel corp — is still approximately 33% away from it’s high water mark set...

Smart Global Holdings $SGH to be added to @TradeIdeas HOLLY Hot List

[originally published March 14, 2018 on medium] This specialty DRAM manufacturer came public in May of 2017 and has become an all-too-rare-these-days IPO success story. It debuted on the exchange at $12.00 per share and today trades around $40 per share. With a market cap of $844 million and average...

Goods Holdings, Ltd $GDS [might*] be Added to @TradeIdeas HOLLY Hot List

While HOLLY’s timing may not have been perfect on all of her entry signals (depending on how tight your timeframe perspective is), there is no doubt her seven signals since October have an edge in GDS which has been in a very strong uptrend since June. GDS has spent the...