From the archive
Featured insight
Why I Bought More Tesla Stock on Friday
In the Sept. 1 issue of Traders Daily Direction, I told you I was taking a small position in Tesla, Inc. (TSLA) stock.At the time, TSLA was just starting to break out of an “ascending triangle” consolidation pattern.
Market perspective
The Base of a Great Trade
Stocks don’t go straight up.After a significant move higher, the surge takes a breath.Profit-taking causes small pullbacks, which allow the stock to briefly consolidate.
Market perspective
Here's Why Diversification is for Suckers
I don’t believe in diversification.I rarely hold more than five or six stocks at a time.In fact, I prefer to hold no more than four – allocating 25% of my portfolio to each name.
Market perspective
The Four Big Breakout Commandments
Finding breakout stocks…That’s the nirvana for traders. Just get in and ride the surging price of a stock.That’s what I work tirelessly each and every day to come up with for you – plenty of breakout stocks that are set to surge.


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