It’s hard to forget the past, isn’t it? Especially when all we remember is the pain and anguish of a certain time frame. Loss of a loved one. Separation. Child sent to battle. Illness. Loss of a job, house foreclosure or even loss of significant money. We know pain longer than pleasure, hopeful not to…
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The bulls were running in Spain this week, which makes the second straight week as the bulls on Wall Street were charging prior. This past week finished slightly higher as the dismal jobs report Friday was a hint that the economy is not totally healed. The surprise was the difference between what ADP projected for…
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Now that the first half is over, now we can get down to some serious business! EARNINGS! I love this time of year. This is where we separate the wheat from the chaff and find out just who did well last quarter. Mind you it was a challenging one for most businesses – a soft…
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I’m sure most of you know that the house in a casino mostly has odds just better than 50% in many table or dice games. So, how would you like to have even better odds than the house? It can be done! I bet you didn’t know that 80% of all options expire worthless. So,…
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Some of you may be familiar with my trading style while others are not. I wanted to take some time explaining what we are doing here at Explosive Options and why we do some things. We may approach the trade from an unusual viewpoint but it works – and that is all that matters. This…
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It’s only too obvious, isn’t it? The markets are showing some cracks in the armor as the end of QE2 is upon us. Should be no surprise really. In 2010 when the first round easy money ended the indices were hammered mercilessly (last summer) until the deflationary forces proved too difficult to overcome. It was…
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Wednesday puts us on the other half of the Fed meeting, where at high noon Ben Bernanke and friends will announce their policy statement, then two hours later the Chairman will have a press conference and take questions from the media. I don’t expect much change but perhaps some acknowledgement of a sluggish economy and…
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What fascinates me lately is the amount of opinions out there how issues should be solved. Some are valid solutions, yet most of these people should not lose their day jobs! Whether we’re talking the eurozone, our Fed or politics, the opinions vary on what to do. The markets have started to reflect the many…
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As a chart reader I am constantly looking for areas where markets will turn around, noted support and resistance zones. These demarcations on a chart help me to identify where much of the volume lies at certain prices and gives me a great idea of when to enter or exit a position. However, I qualify…
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Quite a bit of uncertainty still even with the amazingly one-sided action for the month of June. With seven days down of the first eight trading days, this start is the worst markets have seen since Oct 2008. It was just after that drubbing markets went into a tailspin and did not finish dropping until…
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