by Roger | Jan 17, 2020 | Daily Videos
Do you want to be right or make money? You’d be surprised how often traders let ego get in the way of profits. This is a common mistake for novice and seasoned traders alike. Let’s show you a chart of what I mean. Odds are you are VERY tempted to trade...
by Roger | Jan 17, 2020 | Daily Videos
There’s no question that stocks are overbought. Even the most ardent bull will admit that. But something traders don’t talk about enough is valuation. And from the point of view, blue-chip stocks are historically expensive. As you can imagine, overbought...
by Roger | Jan 17, 2020 | Roger’s Rundown
I’m shocked. Housing starts data was released this morning, and the results blew every possible expectation out of the water — consensus was 1.373 M new starts and the number came in at 1.608 M. This tells us that the U.S. is still in expansion mode....
by Roger | Jan 15, 2020 | Roger’s Rundown
Retails makes up about 75% of the U.S. GDP. So as retail goes, so does the economy. And today we got a troubling sign from a leader in the space, Target. It just released earnings and well… I wasn’t impressed. If sales for a massive company like Target are...
by Roger | Jan 13, 2020 | Daily Videos
The RSI (Relative Strength Index) oscillator is one of my favorite momentum indicators for one main reason: It isn’t something that moves easily. For instance, a lot of indicators act too quickly and give too many false signals. But the RSI takes a lot of...