Oracle Had A Fundamental Catalyst That Made It A Good Short

sspencerGeneral Comments, Steven Spencer (Steve's) Blogs, Trading Lesson, Trading TheoryLeave a Comment

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

BellaGeneral CommentsLeave a Comment

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