The banking sector tends to move in unison, often going higher during strong economic conditions. In addition, a rising rate environment with higher yield spreads is also a positive for the financials the net interest margin (NIM) expands. This is a key profit driver to the bottom line that has been missing since the Fed…
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In the game of trading, many traders rush to be the first in when a stock moves up or the first out before a stock plunges lower. It’s a huge ego boost to “call that shot”. Unfortunately, it’s not a good strategy when options trading for income. The reason is simple: These trading decisions are…
DetailsWe had another great educational webinar this afternoon, so thanks to everyone who joined our huge crowd of participants. I covered one of my favorite options income strategies, option flow, a technical resource that every options trader must understand and follow. Well, only if you like a big pay day! I started off with a…
DetailsIn case you missed it, the Nasdaq hit an all-time high last week for the first time since 2000. It’s been an astonishing ride back with the emergence of some strong new companies, like Google and Twitter, along with strong showings from older ones, like Apple, Amgen and Qualcomm. Yet, one company that stands out…
DetailsToday we are going to talk about option order flow, a technical resource that every successful options trader must understand and use – and not just because it can help you bank HUGE profits (more on that below!). Before we dive into order flow, lets talk about technical basics. When it comes to technical analysis,…
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Today I had the privilege of welcoming Tom McClellan to our webinar, whose parents developed the eponymous McClellan Oscillator. Picking up where his parents left off, Tom runs mcoscillator.com, a really phenomenal service for sentiment readers and market timers – and one I rely on. Every day, Tom puts a report together that covers the…
DetailsCSX is one of the biggest rail companies in the world carrying some of the biggest cargoes around, including crude oil, coal, lumber, pipes, infrastructure parts, and retail goods. They have some strong competition from rivals Union Pacific, Norfolk Southern and Kansas City Southern, not to mention a couple of big railway companies in Canada.…
DetailsMarket breadth is an ideal way to gauge the temperature of the market’s health at any point and at any time. Like most indicators, it provides an idea of where price action is likely headed. Market breadth is simply how many stocks are being bought vs. being sold and how much volume is behind it. It…
DetailsToday’s webinar was packed to the gills with people eager to learn more about how to trade fat tails. Before I dove into the main topic, I spent time discussing the current market structure, including the VIX, Fed Funds Futures, and price action, which has been impressive since the last jobs report (I blogged about…
DetailsThe Yum Brands (YUM) fast food company has been a strong leader in the retail sector over the past year. Their competitors Chipotle (CMG), Jack in the Box (JACK), and Buffalo Wild Wings (BWLD) have also been strong during the same period, but I have my eye on Yum Brands because its stock price is right…
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