Veteran trader Skip Raschke joined me during this week’s webinar, and he provided a great, long-term perspective on options trading, including his experiences through the years, how things have changed, and how to succeed at it.
After a week off, there was a lot of market action to discuss: New all-time highs for the SPX 500 and Dow Industrials; good (but not fabulous) breadth; weak turnover; strong price action. I currently have my eye on three names: Baidu (BIDU), Skyworks Solutions (SWKS), and Delta (DAL).