ORCL reported disappointing earnings after the Close on June 17th. The next morning it traded lower before rallying back $2 with the market. I had two reasons why I thought it would roll over again the next day. One, I believed the large market rally the prior day was the primary driver of its bounce from 41 to 43. Two, after large … Read More
Trade with a True Catalyst
Often new and retail traders do not trade stocks with a true catalyst. By a true catalyst, I mean an event that will cause significant new buying or selling. Said another way, price moving buying or selling. The new trader and retail trader wonder: Why the heck is my stock not moving like I thought? The answer may be because they … Read More