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…
Details
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…
Details
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…
Details
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…
Details
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…
Details
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…
Details
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…
Details
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…
Details
How to Manage Volatile Market Movements – Webinar Recap Having trouble sleeping at night with such a volatile market? You’ll love this options trading webinar with Toni Turner. She is a popular educator, sought-after speaker and accomplished technical analyst. She and Bob Lang focused their discussion on how to manage volatile market movements, including: A…
Details
Surprised by the big rally off the lows of the 10% stock market correction? It certainly left many investors and traders dizzy. The rollercoaster ride that we were on is very different from previous corrections. The enormous move in volatility came at such a breakneck speed that if you blinked, you may have missed it.…
Details