Bank of New York Mellon (BK): In the Midst of Mayhem, Stick With Value
The market is showing its true colors. We want to think that investors and, therefore, prices are rational, but there are times when they go off the rails. This is…
DISCA: Take Profits on the Discovery Inc Trade
Discovery Inc., the TV network channel we enjoy watching, is a company we like and have liked for a long time. The world did not like it, and the share…
GameStop (GME): It’s Not a Game… or Perhaps It Is.
The stock everyone is talking about is GameStop. We remind our readers regularly that “Price Can Do What Ever It Wants.” This phenomenon is what makes trading so difficult. One…
DBA: Food Insecurity
We are beginning to notice more stories like this one from Reuters reporting that world food prices are on a steady march higher. Link This article is for paid members…
The Week Ahead | 1/25/2021
What is going to happen in 2021. Find out on The Options Edge.
Is the Froth in our Coffee Cup a Bit too Happy?
The price of equity rises and falls with social mood. When people are happy and confident about the future, they tend to start businesses, invest in risky endeavors like stocks,…
AAPL: Apple Update
The Options Action crew took a look at Apple Inc. yesterday. AAPL stock is a Wall Street darling, of course, and we suspect it is part of virtually every institutional…
Close TLT Trade: Running Out of Time
The federal government's budget deficit is getting ever more prominent. If we were living in a free market system, interest rates would rise, and the economy would falter as the…
LAZR: Is there light on Iluminar?
Today we are going to talk about a company and its stock that, under normal circumstances, we would not discuss. That company is Iluminar. This article is for paid members…
MJ: Time for Another Toke?
In this past election, several states either decriminalized cannabis or outright legalized it. Those states are Montana, Arizona, New Jersey, Mississippi, and South Dakota. This article is for paid members…
The Week Ahead | 1/19/2021
The 4Q20 earnings season started las week, better times lie ahead in 2021. The outlook for the final quarter of f 2020 does not look good. Early reporters expect a…
USO: A Crude Trade (erata)
In today’s Options Action episode, Mike discussed a “neutral trade” in USO, the ETF that seeks to track crude oil’s price performance.