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Search resuls for: "Jack Kellogg"


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In 2017, at 19 years old, Jack Kellogg became interested in stock trading. AdvertisementIn 2023, he took advantage of the AI hype by trading stocks within that theme. He then reviews these stocks' price movements over the previous three to two weeks. Where it's set depends on how much he's willing to risk on each position and varies based on the stock's price movements. While he's agnostic about the stock's cap size, he favors swing trading mid and sometimes small-cap stocks.
Persons: Jack Kellogg, Timothy Sykes, Kellogg, Kellogg wasn't Organizations: Business, BI, Trust, Nvidia, CXApp Inc
That year, the stock market was making headlines due to investors' excitement about internet companies. He wanted to bet on the stock market with his Bar Mitzvah money of roughly $12,000. At the time, there was no pattern day trading rule, which meant he didn't need a minimum of $25,000 to day trade. "My best-performing strategy right now is over the weekend because the stock market is closed over the weekend. The uneasiness that comes with having an income pegged to the stock market never goes away.
Persons: Timothy Sykes, Sykes, Norman Zadeh, Jack Kellogg, Kyle Williams, it's, Roe, Wade Organizations: United States, Evofem Biosciences, Tesoro Enterprises, Stocks, Cilantro, Partners, Wall Street Warriors Locations: Illinois
The experience is similar to trading stocks related to bitcoin during 2017 and 2018's crypto bull run. The hype brings with it a lot of trading opportunities for long and short positions because AI stocks get overbought. For AI stocks, he believes C3.ai (AI) is the head. He's expecting another rally for the sector this year or next, which could send AI stocks to new higher levels. "I'll just explain it as, my mom is not texting me asking me about AI stocks.
Jack Kellogg began trading stocks right out of high school in 2017. I'm just using basic trend lines, support, resistance, volume, and those are all my indicators," Kellogg said. By the time the stock market began to rally hard in 2020, he was ready to ride the upwards wave. He uses it on the daily chart as a guide to determine a good buy-in price for the stock he's trading. This gives him a better sense that the stock's price action will trend according to his thesis.
He had heard about trading stocks from a friend and began to take up an interest in it. Kellogg began to notice the stock market trending negatively in November and December. On September 7, Kellogg attempted to buy the dip on Globalstar, Inc. (GSAT) after the stock's price spiked to $3 intraday. Eventually, it was followed by a four-day bounce back before the stock market continued trending lower. He normally reviews headlines to see why a stock's price may be moving upwards.
Kyle Williams became interested in trading stocks after watching "The Big Short". The film piqued his interest and he began researching the stock market. Before Williams began researching the stock market, the only exposure he had to the stock market was through a mutual fund called the American Century Equity Growth Fund Investor Class (BEQGX), which his parents helped him set up when he was 11 years old, he said. As he became more familiar with the stock market, he researched the mutual fund he had been investing in and realized it wasn't even beating the S&P 500 after fees. Williams also decided to switch his major from engineering to finance because it was more aligned with the stock market.
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