Sometimes It’s Okay to Lose Your Shovel
Mike Carr never met his grandfather, but his life story still has a profound impact on the way he approaches trading.
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Tag: Options
What the Smart Money Did on Friday and Monday
My reaction to those big up days was probably like yours. Momentum (aka growth) stocks in The Bauman Letter’s model portfolio have taken a beating since the beginning of the year. So has my personal portfolio. So, when those stocks jumped like a frog off a hot highway on Friday and Monday, I breathed a sigh of relief.“ The worst must be over. The smart money is piling back in.” That’s what I wanted to think. But the facts tell a different story … and prove why smart investors ignore short-term moves like these.
Robinhood? More Like Robber Baron
Mike spent his weekend brushing up on market history — and realized Robinhood bears an uncanny resemblance to this notorious robber baron….
Why Traders Sold the News From the Fed
The Fed has supported the stock market since 2009 — but as of Wednesday, that’s about to change. This is the best trade for the new policy.
3 Tips to Ease the Portfolio Pain
Like many other traders right now, Chris’ portfolio is not faring well. It’s down over six figures — but he has a plan to get his money back.
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