Some investors think if it’s good enough for Warren Buffett, then it’s good enough for them. And he likes banking giant Well Fargo (NYSE: WFC). The stock has traded in a sideways range largely between $32 and $36 for the past eight months. The initial upside objective on a channel… Read More

In a year’s time, traders saw Green Mountain Coffee Roasters (NASDAQ: GMCR) plummet from over $110 a share in September 2011 to finally stabilize at the $20 level, which the stock had not seen since the fall of 2009. Currently, GMCR is trading above $24, with the $20 level being… Read More

The recent bounce in volatility, a cost component in an option‘s price, has made premium-selling strategies more attractive. After new five-year lows in the CBOE Volatility… Read More

Silver lost its luster after the 2011 rally peaked just below the ballyhooed bull target at the all-time high of $50 an ounce set in 1980. The drop from $48 to the $26 July lows measured a nearly 50% decline from the… Read More

Altria Group (NYSE: MO), the parent company of leading cigarette manufacturer Philip Morris USA, is a defensive stock play. Despite sin taxes and a more negative… Read More

CIENA Corp. (NASDAQ: CIEN) is a stock that has fallen out of favor stock with investors during the past few years. In 2007, it traded up around $50, and it was at almost $30 just last year. Cheap is a relative term, but with… Read More

CIENA Corp. (NASDAQ: CIEN) is a stock that has fallen out of favor stock with investors during the past few years. In 2007, it traded up around $50, and it was at almost $30 just last year. Cheap is a relative term, but with… Read More

While equity indices were making multi-year highs, resource and commodity markets were largely left behind. The CRB Index basket of commodity prices remains 20% lower than… Read More

Tech shares have led the market resurgence with the Nasdaq hitting new decade-long-plus highs in recent weeks. As you can see in the chart below, the year-to-date gains in the Nasdaq closely mirror those… Read More

I’ve written many times about using a cash-secured put sale strategy as a disciplined way to enter a long stock position at a lower price or get paid not to. #-ad_banner-# I have a slight twist on this strategy that I call… Read More

The recent decade-long-plus highs in technology stocks have left out some old standbys that need to tweak and reinvent their business plan. Hewlett-Packard (NYSE: HPQ) has dropped from highs near $50 in 2011 to trade at the lowest levels since 2004. The three-month trading channel shown on the chart below… Read More