Be a Trader, not a Gambler with Nick Santiago

from Daily Market Wisdom with Nick Santiago

For more than 20 years, Master Trader Nick Santiago has been beating the markets. He’s made some incredible calls along the way and now he’s looking to spread the word. There’s no reason that the average trader should be coming up short. So now we’ve started a daily show to bring you up to date on the latest market developments. Nick will be sharing trades and concepts and discussing current trends. Today we discuss:

1. Options expiration for July is next Friday. This usually means that next week is a time for a lot of institutional game playing. Tech has been the strong industry group so many of those parabolic stocks are vulnerable to declines next week. Some pullback candidates include AAPL, AMZN, TSLA, SHOP, MSFT and many others.

2. Earnings season kicks off next week. The big bank stocks will be the first to report on Tuesday. JPM is the one stock to watch as that is really the most important. JPM has been down-trending since June 5th, 2020.

3. Mixed tape. Nasdaq pulling back, Russell 2000 up, Financials up, Energy up. Big up Monday. Nasdaq is positive on the year and other indexes are lagging.

We are primarily funded by readers. Please subscribe and donate to support us!

4. Covid deaths and cases are up. But markets are ignoring it. The numbers are very fudged and the market’s not buying it. Treatments are extremely cheap and effective. Mass rebellion against lock downs coming. People are done with it.

5. How can the market be going up when the world is collapsing? As the saying goes, stocks climb a wall of worry. When markets go up on negative news, you’re seeing something you need to pay attention to. Negative news can translate into positive returns.

6. Paul wants to give up after 20 years of losses. Nick says, know yourself. Learn about what makes a market move? You need to invest some time and effort to figure out the market. We’ve been in a choppy sidewise move for the past 2 months. Wait for the setups. Don’t be a punter/gambler.

For more info, go to

PlayClick Here to Listen to the Audio


Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.