Consumer stocks were under tremendous selling pressure today, as TGT reported dismal earnings. TGT sank over 25%. A week ago, I wrote an article, saying that "[d]iscount stores such as DG and DLTR [we]re starting to see some weakness".

On May 10, we got into DG puts, and just yesterday we added DLTR puts. Today, these puts scored huge profits:

DG 230 puts locked in almost +340% profit. DLTR 160 puts rendered an "overnight" profit of +260%! You can subscribe to these trades by click on the link: here.

On May 12, I also mentioned that MCD was under selling pressure. MCD fell more than $8 intraday today. COST also dropped lower, losing more than 10%.

After 3 days of bouncing higher and consolidation, stocks resumed its descending trajectory. Today's quick fall was quite big. I think we might see some buyers rushing in again, but, selling pressure will likely prevail, which could bring more choppiness in the next couple of days. SQ has been rebounding strongly and held up rather well today. Solar stocks are finding some buyers and, at the time of this writing, they are staying green. It's a bit difficult to chase the downside right now. Let's see how the SPX does with this 4000-3970 range.

The market opened again on Thursday in a volatile manner. Stocks opened lower and bounced vehemently after the first 30 minutes. We quickly got out of GME puts that we entered yesterday for an overnight profit of +34.45%.

As things ...

Yesterday, I said that there is "(much) more downside to come!" I also mentioned that for a decade, people have been "buying the dip", but, now, you might need to "sell the pop".

Wednesday started with buyers trying ...

On April 18, 2022, I wrote an article, titled "The Path Of Least Resistance - Are The Markets Ready For A Bigger Correction?" In this article, I explained how both the fundamentals and technicals were working against stocks, ...

It's been over 2 years since the COVID-19 Pandemic started. The vaccines stocks such as MRNA and BNTX had soared 5-fold before peaking in September of 2021. These stocks have come down almost 70% from their peaks in just a ...

Silver overnight is trading up more than 10%, at the time of this writing. This is a big jump, and a breakout after a 5-month long consolidation period. SLV had already gone up 2 consecutive days last week on Thursday ...

Three months ago, on August 10, 2020, I wrote an article bringing your attention to GBTC, a bitcoin ETF. At the time, GBTC was establishing a base at $13. I said, "I think within a few months, GBTC will ...

A couple of weeks ago, I wrote about buying silver and recommended some silver-related stocks and ETFs. We started trading silver when AGQ was under $30. It has since more than doubled and closed recently near $70; it ended ...

It's been a long while since silver is attracting attention from average buyers. Most people turn to buying gold whenever there are major geopolitical uncertainties. With the COVID-19 pandemic running rampant, especially during the recent months in the US, Brazil, ...

As of now, the Dow futures are down more than 330 points, while SPX futures are now more than 40 points.

It looks like SPX may be testing 1800 soon, and, we could likely see SPX at 1700 sometime in ...

World markets tumbled again on Monday, as oil continued to fall lower. Sanctions were lifted on Iran and Iran boosted its oil output! At the same time, Saudi Arabia is not looking likely to decrease its production.

Just ...

In August 2015, I wrote an article, titled "It's Time to Migrate Out of Oil". Oil is now approaching the $30 mark and USO is single-digit! Solar stocks have recent jumped. This trend will likely continue.

As I ...