Jack Carter | April 25, 2024
Here’s a crazy story that shows you how I can still make mistakes even after almost 40 years in the markets! Two days ago I told you how one of the rare occasions I’ll buy an option is when a stock is about to announce earnings. It’s well known that amateurs control the market open […]
Jack Carter | April 23, 2024
I want to tell you about a little trading strategy I use when earnings are going on. And it’s all based on this piece of timeless market wisdom: “Amateurs control the open, professionals control the close.” I look at these tech stocks and find out when their earnings are going to be announced. So for […]
Jack Carter | April 18, 2024
I recently shorted AVGO in my Weekly Options Profits paid membership program. And I’ve been getting a lot of questions about that. You’ve probably heard me say: “We always trade in the same direction as the broad market.” And that’s true. It’s a GREAT rule of thumb. But that’s the thing about rules of thumb. […]
Jack Carter | April 16, 2024
Last week, I analyzed the broad market for you using three ETFs that track the three major indexes: In that post, I showed you how I could tell the broad market was weakening… or at least how it wasn’t as bullish as it had been for the last few months. That was Thursday. 3x More […]
Jack Carter | April 11, 2024
After the turbulence of the last week or so, I want to show you how analyzing the broad market shows me that the trend in the market is potentially changing… Plus, stay with me, because I’ll be giving you a couple of tickers you’ll want to keep your eye on. As I’ve talked about many […]
Jack Carter | April 9, 2024
Last week, I told you we are in a stock picker’s market. When I talk about a stock picker’s market, that’s basically a directional strategy where you pick a stock that you think is going to go higher. (or lower, but for this article I’ll focus on stocks going higher) Or in my case, one […]
Jack Carter | April 4, 2024
It’s Thursday morning and markets are looking really good right now. (UPDATE: Markets dumped off in the afternoon.) I want you to know that we are in a stock picker’s market. What I mean by that even though I just said markets are looking good —the broad market is bullish, all 3 major indexes are […]
Jack Carter | April 2, 2024
Nasdaq really took a hit today. My phone was ringing off the hook with people asking, “Is it over for tech?” I’ve got people asking me about The Fed, rate hikes, inflation and more. Look, the way I see it, this is just a normal pause in a bull market. I’m personally using it as […]
Jack Carter | March 26, 2024
I want to point out something that not a lot of people are talking about. I always tell you to look at the major indexes to gauge how the market is doing. But in a market like we’re in right now, it’s what I’d call a “thin” rally. Because it’s not the market as a […]
Jack Carter | March 21, 2024
I’m back with an update on the broad market. As you may know, I like to start checking out the broad market by looking at SPY. And as you can see in this chart, this index has been trending beautifully. The green line is the short-term trend, the blue line is the mid-term trend and […]