by Michael Carr | Feb 6, 2020 | Stocks
Traders often turn to momentum indicators to understand the market action. Some traders use these indicators to try to get ahead of the market. They believe momentum leads price. It’s important to question assumptions and this one deserves to be examined. Momentum...
by Michael Carr | Feb 4, 2020 | Stocks
Stock charts are surprisingly controversial. Proponents study them for profits. Skeptics claim they are nonsense. Both arguments have some validity. Warren Buffett might be the most famous skeptic. He has supposedly said he knew charts were worthless when he held one...
by Michael Carr | Jan 1, 2020 | Stocks
Investor Insights: I just spotted a rare signal in the S&P 500 Index that screams “sell.” The last time this signal occurred, stocks dropped 12% over two weeks. Today, I want to show you how to trade the coming S&P 500 pullback and grab massive profits....
by Michael Carr | Dec 16, 2019 | Investment Opportunities, Stocks, U.S. Economy
Investor Insights: In the past two months, the Dow gained more than 5%. A popular topic is whether stocks are already in a melt-up today. Investors are right to worry because melt-ups often precede meltdowns. The end of the bull market in 2000 was a buying frenzy....
by Michael Carr | Dec 13, 2019 | Stocks, U.S. Economy
One of the reasons investors flocked to Lyft (Nasdaq: LYFT) is because it’s part of the gig economy. It’s certainly not because the company is a money-making machine. Lyft is one of the market leaders in the brave new world where companies don’t need assets. This...
by Michael Carr | Dec 9, 2019 | Options Trading Strategies, Stocks
Investor Insights: Many market forecasts are like bad New Year’s resolutions. Mine is different. This chart shows how the S&P 500 Index’s recent breakout sets up a trading plan. One important technical level is the key to knowing whether to buy or sell....
