Rumors of the Ebola virus in the United States are spreading like an epidemic across the news and social media. As scary as the virus is, the likelihood of an outbreak here has been grossly exaggerated, and the “Chicken Little” effect is spawning opportunities in the… Read More
Call & Put Option Buys
This week’s early selling may have sent some buyers into panic mode, but for me, it revealed one of the most interesting opportunities I’ve seen all year. During earnings season, I typically run my earnings algorithm scan on a daily basis. My algorithm uses a multitude of inputs, including price… Read More
In case we had forgotten it is the banks’ job to make money, they are hiking ATM and checking account fees to record levels to generate additional revenue. In fact, if you use an out-of-network ATM, your average fee will be $4.35 per transaction, a 5% increase over the past… Read More
My proprietary trading method works in any market condition or direction. I begin with a market overview. From there, I drill down into the fundamentals of a particular sector that aligns with my macro view. Then, I run detailed screens on a particular company’s fundamentals, the stock’s technicals,… Read More
It’s official: Chinese e-commerce juggernaut Alibaba (NYSE: BABA) goes down as the biggest U.S. IPO in history. Shares were listed at $68 on Friday. By the close, they had soared 38% to $93.89, giving Alibaba a market cap that is bigger than rivals Amazon (NASDAQ: AMZN) and eBay… Read More
Do you remember when the doomsayers were calling for a financial meltdown in China? Turns out fears of a banking system collapse and economic slowdown were greatly exaggerated. But traders are right to pay close attention to what goes on in China, as it is an important barometer of global… Read More
Small-cap stocks have been the clear laggards this year, with the Russell 2000 the only major index in the red for 2014. The good news is that if the bullish trend continues, these stocks have more to offer traders in the way of gains than their larger brethren. The iShares… Read More
Over the years, I’ve been successful trading weather patterns as they relate to commodities such as crude oil, gasoline and grains. As unpredictable as the weather can seem, there are patterns, and traders who get ahead of the crowd can exploit them for reliable profits. Today, I’m going… Read More
Over the years, I’ve been successful trading weather patterns as they relate to commodities such as crude oil, gasoline and grains. As unpredictable as the weather can seem, there are patterns, and traders who get ahead of the crowd can exploit them for reliable profits. Today, I’m going… Read More
When a stock reaches oversold levels on the charts without any discernable fundamental reason for doing so, a bullish opportunity often presents itself. That is the case with today’s trade, Penske Automotive Group (NYSE: PAG). The stock is 15% off its July 7 high, and not only has there been… Read More
When a stock reaches oversold levels on the charts without any discernable fundamental reason for doing so, a bullish opportunity often presents itself. That is the case with today’s trade, Penske Automotive Group (NYSE: PAG). The stock is 15% off its July 7 high, and not only has there been… Read More
The bullish trend in technology stocks has reasserted itself following an April pullback. With a 14% gain so for in 2014, the Nasdaq 100 has outperformed all other major indices. And the tech index is up 28% over the past 52 weeks with new 14-year highs now almost a weekly… Read More