Apple Does it Again
Apple reported earnings last night and they surprised most everyone on the upside. Expectations came down for all the phone makers in the past month as phone component suppliers reported…
Tesla (TSLA) Earnings Preview
Tesla will be reporting earnings on next week on Wednesday, May 2, 2018, and was the topic of discussion on Options Action today. Investors typically focus on earnings and guidance…
Is Boeing Giving Up the Ghost or Preparing to Fly?
On Friday, 20-April-2018, Mike discussed the possibility that Boeing (BA) was in the process of rolling over after a very strong bullish move in the stock that started in Q1-2016.…
The Difference Between Rich People and Poor People
Or radio, TV and the internet, there are people out there who sell some get rich scheme. We were listening to NPR yesterday evening and the subject was Real Estate…
Mises Moment | How the Postal Service Loses So Much Money
On April 5, 2018, we wrote an article about Amazon and how they were taking advantage of taxpayers by paying the US Postal delivery fees that are below their cost of…
The Big Bank’s Beat on Earnings but Stocks Take A Beating | What’s Ahead for Morgan Stanley (MS)
Friday was a big day for banks reporting earnings. The reports were good but the street was disappointed and their stock prices fell. Now Morgan Stanley is on the radar…
So Volatility is Higher than Last Year | Now What?
Unless you are an investor living under a rock, you know that the volatility of returns we are witnessing in the marketplace are lately are much higher than what we have experienced since…
Will the Equity Market Trick (Almost) Everyone?
The equity markets are in the process of confusing every short to intermediate term trader. For the past few weeks, the S&P 500 has been in turmoil, giving fits to…
Financial Sector Fund (XLF) | Teachable Moment for a Bank Shot
Last Friday the team on CNBC's Options Action discussed the merits of taking a bearish position in XLF and did so with good reason. The investors in the financial markets…
Close Bearish Facebook (FB) Trade
On March 10, we suggested investors take a bearish position on Facebook (FB). From our analysis, we thought they were beginning to lag in the online advertising space. Google is…