Yesterday just 5 min after I posted that you could take it to the bank that there would be no rate hikes before the elections in November a Fed Governor gave a speech that there might be a r… Read More
As I am writing this 45 min before the open the stock market is off about .25%. Combine that with the late day sell off yesterday and perhaps this is the beginning of a small pullback.
I ma… Read More
IMHO: Not likely. Trump and Republicans are still hellbent in killing the ACA (aka Obamacare) and NOT giving American true health care coverage. American lives are just not… Read More
Earnings growth for the S&P 500 and Nasdaq 100 in 1Q 2018 have come in at +14.8% and +16.1% year-over-year, respectively.
And rattled investors are worried about inflation and interest r… Read More
Another rocky week on Wall Street. Markets recovering falling recovery. Is this the end of a pullback? The morning trading looked promising as the markets opened higher (about 11 points) and… Read More
Many stock operators recently claimed that we are in a bearish market which will turn lower and retest the February lows before it turns up higher. Others were spooked of inflation claiming… Read More
I advocate not to predict the market and its move. I advocate not to get into looking for evidence to confirm your own bias. I must admit that I am now guilty of doing so.
It is difficult to… Read More
Powell testified in front of the Congress and tanked the market. But did he?
Maybe he sparked this selling but it was expected. We recovered most of the correction in a fast pace. This recen… Read More
Today we saw another fairly large sell off. If we measure it by 2017 market standards of doing pretty much nothing but going up.
Today’s decline was just a… Read More
When we broke the resistance level last week and rallied up to 2742 level on Monday, we basically reached my previous rally target.
There fore I added a “buy” signa… Read More
A reader of mine recently sent me a question: “…is it possible to show me step by step a trade you have recently made with puts?” I decided that it may be a good idea to… Read More
S&P 500 2,706.53 +199.68 (+7.96%) Dow 30 25,063.89 +1,736.43 (+7.44%) Nasdaq 7,263.87 +628.59 (+9.47%)
I just finished reporting December 2018 and w… Read More
Market now down 30 points (-0.95%). Same old song. Media tell us that it was because of global growth worries. But that has been known issue for about a year now. What we are seeing in my op… Read More
Litecoin, the forefront crypto in terms of growth, has fallen down the past week. Litecoin has grown more than three times its price from the start of the year and was looking to continue i… Read More
Yesterday, the cryptocurrency market was enjoying its bullish movement, but today the market is again under the bearish pressure. The top ten currencies were going upward yesterday and gain… Read More
The first week of July set the trend for the Crypto market this month. There were loss in prices but investors were optimistic of gain as the month progressed. But, these price drops have n… Read More
“What Libra is to Retail Customers, So is Bakkt to Institutional Investors.”
On 18th July, Bakkt Digital Asset Summit took place. Accordingly, the Managing Director and quant st… Read More
The value is Bitcoin is getting back on track again these days after the bearish correction of the previous month. The value of Bitcoin is showing strong bullish momentum in the market and… Read More
There is no denial in the fact that Dogecoin is one of those rare coins that had the most terrible phase of its crypto journey in the month of August. The coin clearly closed the last month… Read More
The ADA after its upsurge of 4.5% has taken some small dips lately and fell down from $0.046 to $0.044, where it’s currently trading at.
The coin almost got a major pullback of around… Read More
VeChain might be due for a temporary pullback.
The strong uptrend remains and hasn’t been proven otherwise.
Must remain cautious despite great temporary performance.
The crypto market… Read More
After a Friday’s strong rally a week ago the market went up on Monday and then stalled. I mentioned to be cautious although I believed we had room to upwards ①. After that, the m… Read More
During this holidays season I was lazy at home and had not have much time (and will) to do any review of the market and our positions. So, I will keep it simple today:
The markets broke up t… Read More
Last two weeks I was quite busy over the weekends and had no time to write my overview and expectations. Today, I am going to catch up on this deficit. My goal is to have these reviews on re… Read More
So, I was wrong. Yesterday, I posted my expectation of a measured move. And it failed. Twice the futures tried to set up a pullback, twice that attempt failed and markets finished red. After… Read More
Some time ago, I posted my crystal ball vision about the market creating a pennant, or flag, and that most likely it will go higher.
See my predictions here:https://tinyurl.com/ybeduenk
Then… Read More
Account Net-Liq: $7,202.95SPX value: 3,455.06Shiller PE: 31.73
The market rallied and reached a 3,588.11 level. All new ATH! Outstanding rally! Unfortunately, that rally was totally u… Read More
Account Net-Liq: $7,477.66SPX value: 3,426.96Shiller PE: 31.47
In my older post I wrote about the market high valuations and how you can mitigate the problem with valuation.
You hear… Read More
The stock market can be compared to a sprint in athletics. When runners are running they run at a constant speed but as the finish line nears they start adding speed and take their reserves… Read More
The stock market, fuelled by hopes and wishes about more stimulus and more free money poured into the system, is going crazy. And the market loves free money and wants more of it.
&n… Read More
The stock market was forming a cup and handle formation, but yesterday, this pattern failed.
If we were to continue the pattern, we were supposed to continue higher as indicated in the pictu… Read More
The stock market gapped down more than 2% on renewed fear of the new strain of Covid. That is, what the media are telling us. I don’t think this is the reason for selling. The market w… Read More
Another week of April is over and it is time to provide our weekly investing and trading report again. I am extremely pleased to see our portfolio growth acceleration. It grows faster every… Read More
May 2021 started in a similar manner as the previous months – slowly. We only made about $551 trading options in the first week of May. Honestly, it was a surprise to me as I expected… Read More
October 2021 has started last week and it started on a good note. Our account has recovered fully and went on a growth mode again. Our net-liquidating value, as you will see in this investin… Read More
Is the market telling us to buy the dip again? If you are a subscriber to our newsletter, last week I posted my expectation about the market sliding further down due to technical damage to t… Read More
Today, Tesla (TSLA) dropped 12% in a sharp and swift selloff that was a continuation from Monday selling. On Monday, TSLA tried to recover, but more bad news came today, and the carnage was… Read More
The last week of the year 2021 was still positive with a bull market intact for our SPX trading. Also, our indicators were bullish, so we opened new trades although these trades are now in t… Read More
Last week was difficult to trade SPX spreads. As the market was dropping and speeding up in declining, I started reversing and adding credit call spreads to neutralize the put spreads and co… Read More
Our options trading was slow last week. We just adjusted our trades to keep them safe. Many of these trades were debit trades offsetting the credit ones. However, I was aggressively buying d… Read More
Yes, this bear market is over despite what the talking heads and other morons will try to tell you. Six months of selling and extreme bearishness is enough. Why? Despite the high inflation… Read More
I am glad I bought shares of AAPL yesterday and raised my holdings up to 100 shares. Now I will be collecting dividends and premiums from covered calls. I will be wheeling the holdings and c… Read More
Our SPX trading is improving, and we are slowly returning to regular trading. Yet I am still cautious, keep it slow, and keep my strikes as far away from the market as possible. The market r… Read More
The stock market is still in a bear market but recovering fast. We need to wait a bit longer to see if this is just a bear market rally or an actual reversal. There may be a pullback now, bu… Read More
Derebit’s Bitcoin Volatility Index (DVOL) just fell to 52, its lowest level since the 8th of March.
The drop to fresh more than six-week lows comes despite the Bitcoin price’s r… Read More
Consumer debt has now surpassed $17 trillion, despite a pullback in mortgage demand. This increase came even though new mortgage originations, including refinancings, totaled just $323.5 bil… Read More
Alphabet, Google's parent company, reported better-than-expected quarterly results, leading to a 7% increase in its shares. The growth was driven by the company's cloud-computing unit, which… Read More
Global stock markets dropped after ratings agency Fitch downgraded the US’ long-term credit rating from AAA to AA+. However, top economists, including Larry Summers and Mohamed El-Eria… Read More
Oil prices reached their highest level of the year, with some analysts predicting a return to $100 a barrel before the end of 2024. Brent crude futures traded at $93.29 a barrel on Friday, w… Read More
This popular retailer is now laying off 100 employees affecting about 2.5% of the company’s workforce, sources report.
The Container Store this week laid off about 100 employees, ro… Read More