How to Trade Market Downside – Webinar Recap I often hear from traders who really want to play market downside. For a while now there have been few opportunities – UNLESS you trade individual stocks. We are still in a stock picker’s market, so we should be able to find some gems. During this options trading…
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Monday March 19 was a wretched day for the markets and an even worse day for the technology sector. With Facebook leading the way (down), the Nasdaq dropped nearly 2% on very high turnover – a strong sign of institutional selling. The carnage left very little to pick through, but First Solar looked mighty impressive.…
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The Fed’s Open Market Committee (FOMC) will meet for two days this week before they hold a press conference. This will be the first press conference led by new Fed Chair Jay Powell, who kicked off his term by testifying before Congress last month about Fed policy and other topics. On the agenda: a Fed…
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March is historically strong for the stock market, but many traders are worried that the highly volatile period of February will continue. We have seen some very choppy price movements on a daily basis, which is typical after such a heavy volatility run, but money flow is looking very strong. Here’s what I’m seeing in…
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Fed Policy and Inflation: What to Expect – Webinar Recap We had a wonderful new guest – and a very lively conversation about Fed policy and inflation – during this options trading webinar. You may already know Danielle DiMartino Booth, who is a full-time columnist for Bloomberg View, a business speaker, and a commentator frequently…
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Utility companies have been taking it on the chin lately as higher bond yields have become more attractive to fixed income investors. However, some companies have been pushing higher, and NRG Energy is one of them. The recent earnings report beat estimates and pushed this stock higher. You can see its extremely strong relative strength…
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Last week, President Trump announced his intention to slap tariffs on steel and aluminum imports (25% and 10% respectively). Though the ink is not dry – this is only a blueprint – the markets did not react well and continued a decline that started earlier in the week. Why are tariffs a bad idea? From…
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How to Trade During Market Corrections – Webinar Recap Market corrections were pretty scarce in 2017 – and then we were shocked into reality when February hit. It was a good reminder that the markets will pull back and that you need to be prepared. During this options trading webinar, we discussed: How to know…
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Mr. Softy is back! Microsoft has looked good for a couple of years now, but the recent action is quite constructive. Based on what I’m seeing in the chart, there could be more upside to come. Money flow has remained positive, turnover has been solid and option call buying has been decent. The recent pullback took…
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Equity markets continue to respond to higher interest rates on the long end of the bond yield curve, but thankfully the Fed is looking at the big picture – and they see a curve that is shifting upward. This is positive, so why is everyone freaking out? Higher interest rates are a good thing First…
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