On Demand

Selecting article types in this menu allows you to refine which articles will be shown on this page. If none are selected all articles will be shown.

Refine Articles
  • Tiled
  • List
  • FullScreen

Stock Review And Forecast: NQ Megaphone

Stock Review And Forecast: NQ Megaphone

Thanks to the release of market-friendly Fed Minutes, on Wednesday afternoon the Nasdaq futures once again made a run at our upside target, the High Volume Node at 4523. The third time was a charm and it was briefly surpassed: 4534 marked the high of the day. No doubt the zoom-up got some animal spirits pumping, but the bulls were soon left holding the proverbial bag. During the final hour of trading the Nasdaq fell 15 points during just one 5-min bar and closed 28 points off the high. In...

Continue Reading

E-Mini S&P: Another New High, Another Disappointing Close

E-Mini S&P: Another New High, Another Disappointing Close

The S&P 500 mini-futures (ES) made a new intraday high for the regular day session trading again Wednesday, but sold off immediately and closed at 2122.50 for a slight loss from the previous close. The volume was about normal for recent trading. The ESM5 ran up 11 points in anticipation of the FOMC release after lunch, and made a new high at 2132.20, but gave it all back in the next hour. The sell-off stopped at 2119.25 -- the previous resistance level -- in the day session but...

Continue Reading

DISH Option Traders Position For Near-Term Upside

DISH Option Traders Position For Near-Term Upside

On May 11, DISH Network reported first quarter EPS of $0.76 vs. the $0.40 Wall Street consensus estimate on revenue of $3.7 billion vs. the $3.73 billion estimate (+2.8% year over year). Average revenue per user (Pay TV) in the first quarter rose 4.4% to $86.01, but they lost 134,000 subscribers. DISH trades at a P/E ratio of 34.92x (2015 estimates), price to sales ratio of 2.14x, and a price to book ratio of 15.57x. Given the tepid top and bottom line growth along with the...

Continue Reading

Wheat Reality

Wheat Reality

Last Thursday’s weekly export sales report for wheat showed 115 thousand metric tons. That was old crop numbers with new crop numbers coming in at 142 thousand.  Clearly demand is not a driving force and for months hasn’t been in wheat.  Demand looks to remain weak until the new crop in the field shows its strength.  The Monday’s crop condition report showed 45% of the crop in good to excellent condition. We need over 60% good to excellent condition to make us a primary port of origin for...

Continue Reading

Will Investors Buy What Shopify ($SHOP) is Selling?

Will Investors Buy What Shopify ($SHOP) is Selling?

On May 20, cloud software developer Shopify (SHOP) will price its 7.7 million share IPO and open for trading the next morning. With the expected price range being bumped up to $14-$16 from $12-$14, early indications are that demand will be quite healthy for this deal. The lead underwriters on the deal are solid, with Morgan Stanley, Credit Suisse, and RBC Capital Markets involved. This, combined with the smaller float, and SHOP’s very strong revenue growth, should create a recipe for a...

Continue Reading

$ADSK: Earnings Play

$ADSK: Earnings Play

Autodesk (Nasdaq: ADSK, $58.40), the multinational software company perhaps best known for the manufacture of AutoCAD design software, is scheduled to report earnings today following the closing bell. The stock has been a choppy one for investors in 2015 - having opened the year at $60.83 shares fell to $54.01 then rallied all the way to $65 before declining to current levels. Shares are down nearly 3% year to date. The stock has traded in a 52-week range of $48.38-$65, having it it’s...

Continue Reading

5000 Years of Data

5000 Years of Data

Systematic futures traders are invariably plagued by the small set of available daily data upon which to develop and test strategies. The last data revolution was the introduction of 24 hour electronic contracts starting in 2000.  Only a few symbols go back that far and many of them start much later.   Although some futures have a longer history, it is not helpful to back-test prior to 2000 because markets changed radically with the introduction of electronic futures. Consequently...

Continue Reading

Alcoa (AA) – A Leading Industrial Play on the Growing Global Aerospace and Automotive Sectors

Alcoa (AA) – A Leading Industrial Play on the Growing Global Aerospace and Automotive Sectors

AA, the largest aluminum producer in the U.S., returned nearly 50% in 2014, as the combination of rising aluminum prices (along with rising regional price premiums over London Metal Exchange prices), efficiency gains, and a 7% growth in global aluminum demand drove AA’s 2014 net income to $268 million, its highest calendar-year profit since 2011. For the U.S. aluminum industry as a whole—taking into account the three largest U.S. aluminum companies, i.e. Alcoa (AA), Century Aluminum...

Continue Reading

Why You Don't Have a Trading Log and Why You Should!

Why You Don't Have a Trading Log and Why You Should!

Every educator worth their salt will tell you “It’s important to log your trades”, to keep a record of your trades in order to track your progress. Almost all traders fail to heed this advice. In fact, of the traders I work with, I’d say that less than 5% actually keep a consistent trade history. It’s not just laziness at play here; there are practical reasons and psychological reasons that make keeping a journal a challenge. Journaling isn’t something specific to trading; it helps with...

Continue Reading

The Human Element of Trading

The Human Element of Trading

In this article I am going to, (hopefully) open you up to an aspect of trading that is ignored by most traders: The human element of trading isn’t so much about facing up to the fact that you may not be infallible in your eyes, heavens forbid, rather it is about understanding the synergy between your “beingness” as a human and how you experience the human condition, including trading as an integral part of oneness, as the Buddhists would call it.   “Human condition, trading, oneness,...

Continue Reading

Tick Tock: Three Day Holiday Means Sell Premium

Tick Tock: Three Day Holiday Means Sell Premium

As a regular options premium seller, I love the three day holiday.  We have one coming up this weekend for Memorial Day, and even though volatility is low the clock is my friend.  You see, time decay will work in my favor as a seller; I will receive an extra day of no trading.   Now, you may be thinking prices are already reflecting this, and by the option pricing models the answer is yes.  Yet, as markets trend towards a long weekend we have consistently found volatility to also trend. ...

Continue Reading

Options 101: A Myriad Of Strategies

Options 101: A Myriad Of Strategies

The beauty of option volatility trading is its flexibility.  The math does not change as you move from one asset class to another.  The market forces certainly change, but if you have a market that you want to trade, your option education goes right along with you, seamlessly.  Let’s say you are the type of trader whose experience, capitalization and risk tolerance has allowed you to be comfortable and profitable as an option premium seller.  You identify stocks that have, in your opinion,...

Continue Reading
View Video
Market

Episode 2: Rules and Guidelines of the Elliott Wave Principle

Episode 2: Rules and Guidelines of the Elliott Wave Principle

View Video
Stocks

How to Track "BIG MONEY" with the Larry Williams Electronic ...

How to Track "BIG MONEY" with the Larry Williams Electronic ...

View Video
Options

Swing Trading Options Based on Unusual Options Activity

Swing Trading Options Based on Unusual Options Activity

Membership is Free. Join Now in less than 5 seconds! Alternatively Join or Sign In here.