Web Extra: Is Energy Oversold?
Energy has been hard hit hard lately, and today was particularly painful. But Chris Verrone of Strategas was on CNBC’s Fast Money today, suggesting that the sector may be slightly…
Web Extra: Vertical Spreads: Credit? or Debit? How Technicals Can Inform Your Decision
@CarterBWorth made a prescient bullish call on $NFLX before it broke out in Q3 of 2021. In April 2022, after a disastrous Netflix earnings call, I’ll discuss what he thinks…
Web Extra: Alcoa Earnings and Viewer Questions Provide a Teaching Moment
We often discuss unusual options flows covering as many as ten different securities in less than 10 minutes. Today we’re only talking about one security. That company is Alcoa, a…
The Week Ahead | 04/18/2022
Global Spotlight G-20 finance ministers meet. Finance ministers and central bank governors from G-20 countries will meet April 20 in Washington, when they are expected to discuss global financial issues including…
Web Extra:
Federal Reserve Bank Governor Lael Brainerd makes hawkish comments suggesting a reduction in the Fed’s balance sheet could begin as early as next month. This statement prompted a selloff in…
The Week Ahead | 04/04/2022
Investors will look at the Federal Open Market Committee (FOMC) minutes to see the likelihood of a steeper increase in short term interest rates. With the Yield Curve already inverted,…
Close Vale Trade: (VALE) & More Market Update
Yesterday, we suggested that investors close the short-put spread trade on BHP as virtually all the money that one could make on that trade was captured by those who participated.…
Close the BHP Trade
Sometimes a trade works faster than one anticipates. This occurrence is a pleasant surprise, but we should remind ourselves that we might buy the bottom and sell the top a…
The Week Ahead | 03/28/2022
Fed Chair Powell repeated that “if we conclude that it is appropriate to move more aggressively by raising the federal funds rate by more than 25 basis points at a…
The Week Ahead | 03/21/2022
The conflict in Ukraine remains at the forefront for investors. The Federal Open Market Committee (FOMC) raised rates, but the outlook for further rate hikes is more aggressive. The Russian…