Good Monday to all. Hope everyone had a great weekend. As Monday tradition would have it, we are going to look at a weekly position for a stock that I think has potential to move up all week long. Last week, our long term...
Read MoreI did not see this coming! We have a major bump in the futures and I’m trying to decide if it’s deserved just because China says they will float the Yuan. Asia came on like gangbusters on the news and Japan was, of course,...
Read MoreWhat a fine and predictable week it was! How can you not have fun when the market does exactly what you expect it to do every day? Why it’s almost as if we stole Goldman Sach’s evil playbook (and the Russell once again is at...
Read MoreToday’s tickers: NEM, RIG, CAL & EWZ NEM – Newmont Mining Corp. – Gold producer, Newmont Mining Corp., enticed bullish options strategists to the arena in the first half of the trading session with shares of the...
Read MoreRetail, typically, is not something that I tend to suggest long term. Retailers that are creators of their own lines, especially, are subject to a lot more cyclicality than distribution-based retailers. A retailer that...
Read MoreThe market is lacking any economic data points or any company earnings. There are very few economic indicators out there, and it looks like it will most likely be a pretty flat day in the markets with options expirations coming...
Read MoreOur charts predicted a flatline and a flatline is what we’re getting! I do so love it when a plan comes together (see David Fry’s chart). In yesterday morning’s post I predicted that bad data would send us down at 10 am and I...
Read MoreToday’s tickers: APC, FSLR, SFY, V, XRT, NFLX, DV, MTB, SWY & SNE APC – Anadarko Petroleum Corp. – Trading in longer-dated call options on Anadarko Petroleum this afternoon indicates one options strategist is...
Read MoreOur Play of the Week worked out brilliantly for us. We got involved on Monday in Winnebago Industries Inc. (WGO) liking a number of financial fundamentals and chances for an earnings beat. The company looked to be a strong play...
Read MoreWhat a run we are having! Of course we are thrilled because we flipped bullish last week, when it was still out of fashion and now we are following along the Trade Bot Omega-3 rally pattern that I pointed out in last Friday’s...
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