Over the last year: Amarin Corp jumped from $2.35 to $21.07 PaySign, Inc. spiked from a low of $2.41 to $16.77 Axsome Therapeutics has catapulted from $1.94 to as high as $28.00 Imagine getting in at the lows and riding those babies up… …there is something heroic about being the person who bought a stock … Read more
If you don’t know, I didn’t start to make real, life-changing money until I starting scaling up on my biotech trades. Over the years, I’ve been able to understand what moves biotech stocks… and a lot of the times it’s due to a catalyst event. However, when you’re first starting trading biotechs… you might be overwhelmed … Read more
I trade one of the fastest and most lucrative sectors on the planet– biotech. Source: Bloomberg The type of moves that biotech stocks have is unprecedented. And I’m sure that I wouldn’t be approaching nearly $7M in career trading profits if it wasn’t for them. And you know what? I love teaching people how to … Read more
Now, there are two ways to scale up: Learn more strategies. Trade more shares or options contracts. But the problem with scaling up is knowing when to do it. A lot of traders like to jump the gun and actually start learning multiple strategies… thinking the more they put into use… the more money they’ll make. … Read more
Markets are closed tomorrow for the Fourth of July holiday. Usually on days before a holiday, trading volumes and dry up, and volatility drops…leaving very few if any trading opportunities on the day. Of course, there is that chance a catalyst hits, so I’ll be at my desk, but I’m not expecting to do much. Instead, … Read more
I love trading biotechs… Maybe it has something to do with me studying biology in college and once having aspirations of becoming a doctor. Or… Maybe it’s because biotech stocks offer more explosive returns than any other sector in the entire stock market… I’m not kidding! If you look at the largest pre-market gainer this … Read more
Stock futures are surging higher this morning after the Fed announced yesterday that it is willing to accommodate the market and cut interest rates if need be (first cut expected in July). In addition, market participants are optimistic heading into the G-20 summit, where President Trump and China’s President XI are set to meet and … Read more
The two main questions that are concerns traders now are: Will the U.S. reach a trade deal with China (and will it happen at the G-20 summit)? Is the Fed really going to cut interest rates like the market is predicting it will? Now, we could get answers to these questions by the end of … Read more
Stocks have given up their early morning gains, as it appears that the market is running out of steam. However, that should be expected, given the rally the market saw the last week. That said, I believe that the upcoming G-20 meeting (trade talks), and the FOMC announcement (interest rate decision), are going to keep … Read more
Stocks are up this afternoon, as they look to close out strong, and post some of the best weekly gains we’ve seen all year. The catalyst: bad news. The jobs numbers were awful this morning… which helps the case for the Federal Reserve Bank cutting interest rates this year. As of now, the market is predicting … Read more