Phil McDonnell is an experienced trader and a fantastic writer. He is a colleague of mine at OptionsProfits. I think you’ll enjoy and learn from this article! Phil has written extensively over the years on trading, volatility and correlation. One of my favorite writers, Phil has put together a quick article about a favorite topic…
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There is so much promise and optimism in the new year we almost forget there is an unlucky #13 inside of it. How many of you are superstitious? Ever find yourself being careful and worried on a ‘Friday the 13th’? Well, I don’t think this year will offer too much to worry about as it…
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With all eyes focused on the fiscal cliff it is easy to ignore or even dismiss other important data that is happening. Hint: It ain’t so bad! One piece of critical data that came out a couple weeks ago was about the deficit, which has been shrinking, albeit at a slow pace. The key here…
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With the start of a new year we always hear about resolutions, or trying to arrest bad habits and to start on a path of good ones. It’s usually easier said than done and we often find by the end of January our motivation has disappeared and we fall back into the same old patterns…
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I believe that we will win! (heard loud and often at SDSU Aztec basketball games) The President believes, and even the Fed Chairman believes. I think most of the world reluctantly would agree with them. Santa Claus? No, we all know he’s real. The Aztecs? Of course, but we’re talking something a bit different. And…
Details(CNBC, December 18, 2012) Considering shares of Goldman Sachs are about 40% higher over the past 6 months, can the stock possibly have more room to run? With a resolution to the fiscal cliff becoming more likely, conventional wisdomwould suggest the answer is yes. After all, Europe’s financial woes don’t seem to be as bad…
DetailsBob recorded a short video on option volume and what he’s looking at to find good trade ideas.
Insurance is great when you need to use it, right? You’re glad you have insurance against your car when an accident happens, and you’re grateful to have it if a big storm hit and wipes out your home. But paying for the insurance is often agonizing or annoying, knowing we are likely just throwing money…
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As an avid follower of volume I look for trends to help define direction. In general, stocks trading higher on strong volume are bullish while trading lower on higher volume would be bearish. The same dynamics are set for up on weak volume (bearish) and down on weak volume (bullish). Taken as a particular data…
DetailsToday, Bob gave a preview of the jobs report and what the market was expecting, talked about recent trends and trades. He introduced Jim Osbiston, a great trader and information news provider. Jim talked about how he uses information for his advantage in trading and how important risk management is to successful trading.