Set Profit Targets and Define Risk Using ATR
Analyze recent and long-term ATRs each year to assess volatility, identify trend or consolidation potential, and set informed risk and profit targets for upcoming trades.
Pro Traders Bearish?
Credit Spread Genius showed mostly call credit spreads today, hinting that pros aren’t expecting much upside.
New Chip Deal?
SPY was flat and VIX dipped, but we still don’t have a higher high on the chart. The standout news is Apple reportedly looking at Intel’s 18A chip process, adding fuel to the push for more onshore chip production.
Beware: Short Squeeze!
Silver is getting squeezed as futures traders cover shorts and inventories stay concentrated in just a few vaults and ETFs. Even London is short on supply which has pushed spot above futures.
Bull Call or Call Calendar?
I’m a big fan of both bull calls and call calendars, but how do you know which one to use with a move higher?
The Big Winner in AI Will Be…
SPY held over its 50-day and VIX cooled off but the real move was Meta planning to buy AI chips from Google. That hit Nvidia while Google kept climbing.
Optimism
Dan breaks down why the market jumped to start the week, pointing to comments from Fed Governor Waller that sparked optimism around a possible 25-basis-point rate cut.
Why Stocks Reversed
Nvidia ripped higher after earnings, then reversed and fell below its 50-day, heading toward key support near 180.
Trading Tool Rules You Can Use
Generally, the tools of trading are designed to reveal trend strength, change in trend and timing entry, and can help with setting risk and projecting profit targets.
Big Day Coming
Nvidia reports tomorrow, and with 7.5% of the S&P 500 + IV pointing to a ~6% move, Thursday could bring real volatility.
Careful About This
This is a strange week for data. Thursday’s non-farm payrolls release will reflect September numbers because the shutdown prevented collection for October.
The Death Cross
Not all chart patterns are created equal — but one to always keep an eye on is the Death Cross.
When to Use Call Back Spreads
Let’s take a quick look at when and why you might consider a call back spread.
Eat Mor Chikin
Pilgrim’s Pride (PPC) isn’t an AI stock or a chipmaker — it’s a chicken processor. But sometimes the quiet stocks are where the value hides.
Gold vs. Stocks
The market came roaring back — S&P 500 closed up 1.5% — and here’s the weird part: gold jumped too.
Identifying Support and Resistance Areas
To determine support and resistance areas, we use charts that reveal the history of price action.
A Genius Trade
We saw a pretty interesting trade come across MTM’s Time Spread Genius scanner today — 15,000 Kenvue (KVUE) November–January call calendars.
Tech Pullback
The S&P 500 finally pulled back — but is this just a dip or the start of something bigger? In today’s video, Dan breaks down what’s driving the action.
PLTR Earnings
Earnings season is still in full swing, and Palantir (PLTR) is the name everyone’s watching. The stock’s been on a huge run — $40 to $200 — and today’s earnings could be telling for the AI space.
Trump & Xi Meeting
Trump and Xi’s meeting made headlines, with talk of China buying more soybeans and “beginning the process” of purchasing U.S. energy.
Bull Call Spread in GLD
Gold prices seem to keep setting record highs each week, and we’ve been jumping on the bandwagon in MTM’s Group Coaching class, where we regularly look at GLD (Gold ETF).