Following last week’s Fed meeting, Fed Governors reiterated their statement: the current rise in inflation is transitory and long-term inflation fears are overblown. If you want confirmation, just look at the bond market, where bond buying has been sharp and vigorous over the past month. What bond buying says about inflation fears If long-term inflation…
Details
Wayne Gretzky was arguably the greatest ice hockey player ever. He also had a silver tongue. To make money trading options, follow his advice about winning. Just like winning at sports, winning at trading is all about psychology and execution. To make money trading options, follow this advice “A good hockey player plays where the…
Details
As an options trader, you have to take risks in order to produce a nice return. Unfortunately, not all trades turn into wins. Bad news here or there can quickly turn a potentially nice profit into a loss. The key is learning how to take calculated risks and avoid devastating losses. First things first: You…
Details
Technical indicators show a trio of video game stocks — Roblox, Take-Two Interactive and Activision Blizzard — are well-suited to make runs to the upside even as the economy reopens from the pandemic, CNBC’s Jim Cramer said Tuesday. The “Mad Money” host’s analysis is based on charts from technician Bob Lang, the founder of ExplosiveOptions.net…
Details
You know the saying “the cream always rises to the top?” It is often true regarding the stock market. A name like McDonald’s or Caterpillar might not be sexy compared to a hot biotech stock, but quality stocks are the ones that perform best over the long term. The trick is figuring out which stocks…
Details
If you’re a full-time trader of stocks, options, commodities, bitcoin or some other asset class, you’ve had your share of good days and bad days. When the good days pile up, it seems like you can do no wrong. Even a trade that is on shaky terrain might break even or turn into a winner.…
Details
The secret to building wealth as a trader is simple: Don’t be greedy. It’s also easier said than done. Greed is very difficult to overcome, because it’s hard to know exactly when to take a profit. You can stay with bullish trades for a very long time, so long as conditions remain favorable to the…
Details
If you’re a regular reader of this blog, you know I am endlessly frustrated by the on-going game “Predict the Fed’s Movements.” Why traders and investors insist on playing annoys me to no end. The Fed doesn’t hide its intentions. In fact, when there’s a change in Fed monetary policy, you’ll know. Why the obsession…
Details
We all knew it was coming: new taxes. We didn’t know how far and wide it would stretch and who would be on the hook until last week when the Biden administration announced an increase in the corporate tax rate and the individual rate for high earners, including capital gains. While it’s never fun to…
Details
How to Use Index Puts to Protect Your Portfolio with Marc Chaikin – Webinar Recap Though the strong bull trend that’s been in place for nearly is year is far from over, this is not the time to be complacent. You need to be proactive to protect your portfolio from losses. During this options trading…
Details