by Trent Smalley, CMT | Jul 26, 2018 | Stock Market Commentary
If you weren’t in a cave overnight, you likely heard of the colossal miss reported by Facebook on second quarter earnings and guidance. Let’s skip all the analyst speak (you’re welcome) and head to something useful. How do we make money on this? This...
by Trent Smalley, CMT | Jul 24, 2018 | Uncategorized
It is most easy to assume that your skills in trading rank above average on days like today. You’ve found yourself holding positions in banks, energy stocks, and industrial metals and minerals, all of which are outperforming on a relative basis. You’ve...
by Trent Smalley, CMT | Jul 19, 2018 | Uncategorized
Yesterday, billionaire investor and head of Avenue Capital Marc Lasry said in an interview on CNBC’s “Squawk Box” that he is personally invested in Bitcoin and sees it reaching $40,000. “As it gets more into the mainstream, and as more markets...
by Trent Smalley, CMT | Jul 17, 2018 | Uncategorized
The streaming television giant is set to open nearly 50 points lower this morning after reporting they missed new subscriber growth projections in the 2nd quarter. Shares of NFLX had nearly doubled on the year so far as shown by the chart below. Two years ago a...
by Trent Smalley, CMT | Jul 10, 2018 | Uncategorized
Sometimes I find myself daydreaming about spending an afternoon with a ghost; someone who passed away a long time ago. In this daydream I am given a chance to catch them up on all that has happened in my life and in the World since their passing. This is an exercise I...