The biotechs have had a remarkable resurgence this summer led by the best and biggest names like Gilead Sciences, Celgene, Amgen, Biogen-Idec and Regeneron. This group was just hammered mercilessly in the spring but has come back strong to lead the markets once again, much like it did last fall. While the big names seem obvious…
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One of the things options traders (and stock traders) struggle with is the mental game that comes with trading. You will be hard-pressed to find a single person who trades daily and remains unaffected by the market’s emotional displays. The market, price action, and trading volume are a sea of emotions, all of which you…
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Wow – we had a sensational run this week after last week’s 4+% correction – and we went right to the charts and technicals during this week’s webinar to see more clearly what happened. Volatility had also been swinging up, but it managed to come down hard, creating some nice trading opportunities. Boris Schlossberg of…
DetailsWhen the markets get wobbly and stocks start to get flustered, I tend to look for the best performing names via the RSI, or the relative strength index. This indicator captures the best names on a relative price basis vs an index. While money flows from stocks during a distribution phase, not all stocks retreat…
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During today’s webinar, we tried to make heads or tails of the crazy action in the markets, especially as volatility rises – a troublesome situation. Luckily, I was joined by financial journalist Herb Greenberg of Real Money’s Reality Check. He is an exhaustive researcher looking for the truth in companies, and he gave a great synopsis…
DetailsWe had quite an exciting week here at Explosive Options! Bob Lang appeared live on Mad Money with Jim Cramer on Monday, August 4, and then immediately followed it up with an appearance on T3 Live with Scott Redler on Tuesday, August 5. Check out the videos below!
Before we jump into a discussion about market confidence, let’s make one thing clear: The market was not only fed liquidity by the Federal Reserve over the past 5-6 years, but it was also given a major shot of confidence. After the 2008/09 financial crisis, there was little reason to get involved with anything equity-related.…
DetailsAs the markets have continued to climb higher, it has become increasingly uncomfortable for options traders to stay in for too long. For many, no doubt, it is safer to stay on the sidelines and avoid a major storm – though they keep asking, Where and when does the market stop climbing and correct? But…
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During this week’s webinar, I covered everything options traders need to know about the VIX. It’s a super important indicator, so if you’re new to options trading, definitely take a listen to the webinar. I also covered futures, recent options trading plays, and what to make of the big down day on Thursday.
Qihoo 360 Technology (QIHU), an Internet and mobile security provider in China, has been a Jekyll-and-Hyde stock this year, moving up sharply early in 2014 only to crash and burn. It has recently built a nice base and may have found its footing. The resistance line comes in around 101 or so. Though the stock…
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