Thursday, December 19, 2024
A lower than expected CPI number sent stock soaring last week. The SPDR S&P 500 ETF (SPY) jumped 5.5% on the day of the release. Moreover, what looks like a massive covered call trade on SPY also occurred on the day, which may imply the index could climb as high as $420 in the next […]
In late 2021, when it became apparent that inflation would stay persistent and increasing, I started to get a lot of questions about where to invest. When inflation rears its ugly head, there is no magic list of investments that help you beat inflation all of the time. While it would be good if there […]
I’m looking at the chart of a commodity that’s been beaten down for almost 15 years. However… The tide has turned… and the chart shows it’s starting to turn upwards potentially signaling a new bull market. If that’s the case, it could be one of the biggest investment opportunities of the 2020s. Every week, I […]
Embattled workout equipment maker Peloton (PTON) posted poor earnings last week, but the stock rallied anyways. While the company was way off on earnings for the quarter, management does expect the business to return to profitability next year. Perhaps that’s why several thousands of put contracts were sold after the earnings release. Investors may be […]
A few weeks ago, I called this bear market rally going on in my free Thursday video. Today, in my newest Thursday video market update, I’m now making a prediction on where the S&P 500 could hit by year end. I’m looking strictly at the technicals of the chart which is what I base my […]
Hedging against a big stock selloff can be expensive when using options. One way to reduce the cost is by using options spreads. A more complex spread that can be useful in this situation is a put butterfly. A strategist bought over 20,000 put butterflies in SPDR S&P 500 ETF (SPY) that expire at the […]
Last week, several formerly high-flying, large-cap tech stocks fell back to earth after disappointing third-quarter earnings results. Investors counting on these well-known names will be disappointed. Instead, it’s time to look at companies that put investors first… Third-quarter earnings from Alphabet (GOOG), Microsoft (MSFT), and Meta Platforms (META) came out on Wednesday, October 26. Much […]
In my free weekly video, I have an interesting chart to show you. Over 20+ years, the S&P 500 has a historical pattern of how it performs in November and December. But, more importantly, how it performs during midterms. We have midterms in two weeks, obviously, so let me give you a glimpse of how […]
Tesla (TSLA) traded nearly 3.5 million options contracts the day after earnings last week. However, one unusual block trade really stood out on that day. A strategist placed a roughly one-week put butterfly trade, which has maximized gains if TSLA drops 20% in about a week. The trade starts making money if TSLA drops about […]
With the bond market in focus this year, there’s been plenty of options action in iShares 20+ Year Treasury Bond ETF (TLT). The long-term bond fund is the most active of the treasury bond ETFs, trading around 180,000 options per day on average. A large trader or fund placed a very interesting spread trade last […]
