For those of you who don’t know, I’m a former elementary school teacher. I got into stock and options trading out of necessity. My wife and I were drowning in student loan debt to the tune of $200,000. During that desperate time, you could find me collecting soda cans after the high school football games … Read more
Next week will be a short one for U.S. markets, with Wall Street shuttered Monday for MLK Day. Hopefully many of you get the day off and have a chance to relax. As far as this week, well… traders continue to pump up this overinflated basketball of a market, despite some cracks at the seams. It appears … Read more
With earnings season in full swing, I’m expecting volatility to pop from its long overdue coma. Of course, the market has gone straight UP… but with so many catalysts on the table (earnings, geopolitical tensions in the Middle East, and the trade deal) sentiment can shift fast However, I’m going to remain patient and look for smoke signals before … Read more
Bank earnings will be a big theme this week, with JPMorgan Chase (JPM), Citigroup (C), and Wells Fargo (WFC) among the names reporting today. A handful of other financial names are slated to report later this week, too. As such, I thought I’d outline one technical indicator that can act as an alarm for trend … Read more
Political tensions rose over the weekend, as Iran admitted it lied and “mistakenly” shot down a Ukrainian passenger jet… yet, futures were trading higher early this morning. Talk about a wacky market. Since when did political tensions not matter, especially when we’re looking at a potential war. Not only that, but it seems as if … Read more
It’s been a wacky market, to say the least, as political tensions rose earlier this week… as the Dow futures looked to gap down on Tuesday, only to turn positive on the day. The Nasdaq and S&P 500 notched record highs this week… and traders are still trying to make sense of the market. This … Read more
After a strong fourth quarter and Santa Claus rally, stocks kicked off 2020 with a bit of whiplash. Bulls were shaken up a bit to start the year, after President Donald Trump ordered the assassination of a top Iranian general. Iran then threatened “harsh revenge.” The news fueled concerns about oil supplies from the Middle … Read more
The only certainties in life are death and taxes… in the markets, there’s something known as the volatility tax. The mathematical finance geniuses came up with this term… and it shows how crashes affect your returns. It’s not like the tax you pay to Uncle Sam, instead, it resembles a tax because when you hold assets in … Read more
Markets got its first taste of volatility yesterday, as geopolitical tensions rise following a U.S. airstrike in Baghdad killed five members of Iran-back militia, including General Soleimani. Putting politics to the side, the spike in volatility was welcomed by most option sellers like myself—which should open a lot of opportunities in the coming weeks. But … Read more
Jason Bond’s Smoke Signals Strategy Jason Bond’s Smoke Signals Strategy – This is the strategy that is going to set you apart from every other ordinary trader out there. See, most people just focus on positive stock performance. If you’re one of those, then this is your warning sign… You MUST be playing both sides. … Read more