Update | Interest Rates and the TLT Trade
Interest rates have been in correction mode ever since the 10-year US Treasury Bond hit 3.1% in the middle of May 2017. This capped a very impulsive higher move in…
It was a Macro Monday, But No Black Swan
Yesterday, the equity markets took the bulls out to the woodshed. Investors seem to be concerned about the Presidents recent moves in the very public negotiations for international trade. The…
Nike, Inc (NKE) Run or Rest
On Friday, 22-June-2018, Mike presented a trade in Nike. It looks like the company will be reporting earnings sometime between June 27 and July 2. The options market is pricing…
The Week Ahead 06/25/2018
Global Spotlight Will Erdogan Rule the Roost? Turkish President Recep Tayyip Erdogan has a lot riding on the June 24 vote in Turkey. Time Is Ticking for White House Trade Pragmatists. U.S.…
iQIYI, Inc. Update
On 6-June-2018, we introduced our subscribers to iQIYI (pronounced "eye-chee-yee"). Recall that iQIYI is a Chinese version of NetFlix. There is a difference in business models, however. While NetFlix is…
Covered Call Report
Covered call writing is the most common options trading strategy used by individuals and professionals alike. Some people believe it is a low-risk strategy that generates income. We like to…
Lather Rinse & Repeat… or Will the Bear Go Hunting?
In yesterday's analysis of equity market price behavior, we discussed the phenomenon of the market looking like it wants to establish a trend, then chickens out. Prices start to rise, and…
Equity Markets Go BiPolar, The Crystal Ball Says…
Equity investors cannot seem to decide where they will take prices next. Stock prices were down sharply in Monday’s premarket trading, but even so, there seemed to be confusion but…
The Week Ahead 06/18/2018
Global Spotlight The Handshake Seen ‘Round the World. Despite the hype, the summit between U.S. President Donald Trump and North Korean leader Kim Jong Un resulted not in a dramatic reveal…
Semiconductor Update | Is It Time to Take Your SOX Off?
On Friday, 15-June-2018, the Options Action Panel took another look at the semiconductor stocks. In reviewing the charts, the team's Technical Wizard Carter Braxton Worth examined the semiconductor stocks from a…
Silver Update | What’s Next for this Sleepy Precious/Industrial Metal
The precious metals have been in a bit of a funk for quite some time now. For the past 5 years, gold has been flat on its back trading in…
The Absurdity of Keynesian Economics
People talk about economics all the time with the belief that it will help with their investment decision-making process or enables them to enter the debate on public policy. Unfortunately,…