What is Options Market Sentiment? and How Does One Use It?
I’ve provided a table of upcoming corporate events this week and the magnitude of the weekly move implied by current options prices for each of those stocks. Before we get…
Should You Bank On It?
The financials were an item of conversation on Options Action. Some investors think it is time to buy the big dip. Others think they should be avoided. Here is what…
Regional Banks: KRE
As odd as it seems, the interest rate increase has not yet seemed to hit corporate or bank earnings. Does this mean the economy is more robust than we think,…
Roblox: RBLX
One should buy stocks that trade at a modest PE ratio and have a robust growth profile. These are stocks that are undervalued in the marketplace.
The Scariest Stock Chart
Investors everywhere are starting to conclude that stocks are in a bear market. How could you not? The S&P500 is down almost 26% from the peak, including dividends. At the…
What’s UP with the Dollar (UUP)
The US dollar has been the big winner in the currency space. On a long-term basis, the rally started in 2014. It is now undergoing its 3rd big leg higher,…
Time for Cup of Joe?: SBUX
As the bear market weighs on, share prices have fallen much after than the average trader might expect. That is the nature of bear markets. A lesson we learn repeatedly…
Close the XLP Trade, the Consumer Stables ETF
The consumer staple stocks are supposed to be somewhat of a safe haven in a stock bear market. As a result, we suggested bullish investors who want to stay long…
Equity Prices are Down, What’s Next (SPY, QQQ, IWM, AAPL)
The equity markets had another down week. However, the big surprise was the trashing of the Consumer Staple Stocks. We need to use consumer Staples every day, so matter what,…
Close a Few Bearish Index Trades / Hedges
Of Friday’s episodes of CNBC, Mike revisited some bearish trades he discussed on the show. Given we were and continue to be in warning mode concerning the prices of risk…