Stocks closed in the green on Friday in what was a wild week of volatility in the market. Of course, the big story during the week was tariffs. And on Friday, the U.S. slapped tariffs on $200B worth of Chinese goods. However, the market caught a late rally after President Trump said that his relationship … Read more
Stocks are taking a lick for the second straight session. We can blame tariffs as the catalyst, as they are set to increase to 25% on $200B of Chinese goods starting Friday, according to U.S. Trade Rep Lighthizer. However, discussions are still ongoing, and there is always a chance something changes before Friday. Stock futures … Read more
Stocks closed the week in sizzling fashion, with the Nasdaq hitting record highs and the S&P 500 nearly getting there too. The catalyst on Friday was better than expected jobs number. It’s been reported that unemployment has now reached 49-year lows and that wages are finally rising. The market also got a boost earlier this … Read more
Stocks are sitting near all-time highs, getting a boost from last night’s Apple earnings which impressed Wall Street with better guidance. As for me, I’d say the options portfolio is looking healthy… (Start getting my alerts in real-time and stop hearing about these trades after the fact, sign up today) While earnings have been the big … Read more
For those of you who attended my webinar last night, hopefully you acted on this FREE trade. If you didn’t attend, I almost feel bad that you missed this. You really should have been there. Here is exactly what I detailed. 100% today and nearly $12,000 in 39 minutes. Now, if you did miss out … Read more
Stocks closed the week mildly higher, as we now enter earnings season. We’re right near all-time highs, having virtually erased all of November and December’s losses in the market. The VIX (the market’s fear index) is trading near its yearly lows, at around 12. Over the last 52-weeks the VIX has traded in a range … Read more
The market is so close to all-time highs again, but it can’t seem to get over the hump. It looks like another range-bound day for stocks today. However, with earnings kicking off tomorrow, we should get some excitement back into the markets. It seems like traders are waiting to hear some results before they decide … Read more
Markets seem to be chopping around the last few sessions… but that will all soon change as we approach earnings season this Friday, lead by the commercial banks. Now, I don’t usually trade earnings, but I did last quarter with some success, and will probably trade a few this quarter. Maybe score some winners like … Read more
One of the headlines on Barron’s the other day was titled This Bull Market Has No Expiration Date. Now, that sounds wildly optimistic, but we are near all-time highs again, and the S&P 500 is on a 7-straight day winning streak. However, I know, when the majority of the players in the market get complacent and greedy…market … Read more
Stocks closed in the green on Friday, a trend we saw throughout the quarter. That said, the S&P 500 had its best quarterly return in a decade. Furthermore, the Russell 2000 posted its best quarterly results since 2011. Despite the impressive start, it’s going to be hard for stocks to replicate last quarter, given a … Read more