Just to repeat that with earnings around the corner and the markets being a bit subdued this is a good time to sit on the sidelines.
In today’s video I show a couple of potential railroad tracks with stocks that broke out on Monday but retreated yesterday.
I also show a little bit about implied volatility and how that reacts around earnings. Playing volatility is a fun way to trade around earnings, but we want to do it right, which means there needs to be some sophistication in the background while making it simple to apply.