During today’s webinar, I dissected the market action, which, during the first trading day of the year, was pretty negative (this is the first time that’s happened since 2008). I mentioned some names that looked interesting in this non-correlated market and looked under the hood to unearth some really good ideas. As long as the…
DetailsRegularly evaluating our trading strategy and performance is important for all traders, options or otherwise. Some people evaluate their trades monthly, weekly, or even daily to improve performance and gain an edge. We’ll find some things that worked and some things that didn’t, and we’ll adjust our strategy. Personally, I like to do a thorough…
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During this week’s webinar, I took a look back at 2013 and pointed out some of the better trends that played out over the past year. In addition, I gave a preview of the year ahead and what might be in store for options traders in 2014.
Much of the market anxiety lately surrounded the Fed’s announcement of whether or not they would cut back on their bond purchases. On Wednesday we found out exactly what they intend to do going forward, and they did it with an exclamation point! The Fed’s bold, dovish statement provided economic-forward guidance, and, indeed, the Committee…
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During today’s webinar, I went over the charts and talked about how the markets fared after the big Fed meeting. Clearly, there was some bullish action following the decision to taper. I then showed some recent charts of plays that have been working well before introducing my colleague Suzie Smith, a portfolio manager who also…
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Groupon has been one of the most controversial names lately, from the fundamentals of its business model to questionable management. Much of that uncertainty has been reflected in the price and action of the stock. In face, since its IPO, it’s been all downhill. However, according to the chart, a new day may be dawning.…
DetailsA good baseball player who finds himself in a hitting slump never gives up. He keeps on swinging. No matter how hard it is or how much pressure mounts, he must keep trying to make contact with that ball. There are stories galore about athletes who hit major slumps but kept at it until they…
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This week’s webinar featured powerhouse hedge fund manager Frank Zorrilla, an experienced veteran who gave some great insight on how things are looking for the year ahead. As usual, Bob started off the webinar talking about recent market actions, including the dip that has plagued the indices, some charts of interest, and some of the better…
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After some poor earnings reports and suspect purchases, Broadcom was “put in the hole” by the market – but the company may start to dig its way out. The recent base, which you can see on the chart, clearly shows buying support above 26, and the current price appears to have breakout potential. Monday it…
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On Tuesday’s Mad Money show, Jim Cramer once again used my charts and technicals, this time talking up Apple as we approach the end of the year. From my perspective, Apple still looks robust and could make a surge toward $600 by end of the year. Cramer also brought on two other analysts, Carolyn Boroden,…
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