Wednesday, March 5, 2025
Shares of Levi Strauss & Co. (LEVI) recently broke out to a fresh 52-week peak following another solid earnings announcement. The company reported a first-quarter profit of $0.34 per share on revenue of just north of $1.3 billion. Wall Street was looking for a profit of $0.25 per share on sales of $1.25 billion. The […]
One active name in options this past week was Roblox (RBLX), a video game company that recently had its IPO. RBLX produces an extremely popular game that has shown very strong growth. The company recently partnered with Hasbro for physical toys as well. On a busy day last week, 85% of the options that traded […]
I’m looking at a scary chart in the video above. It’s a chart that shows the market…especially the S&P 500…could be do for a correction in the next month as we go into earnings season. Watch my quick 4 minute 41 second video to discover: Where the S&P 500 could drop to (more importantly) – […]
This past week, there was quite a bit of options action in Square (SQ). SQ has been a popular stock over the past year or so as one of Cathie Wood’s largest holdings in her ARK funds. The company is known for its payment processing business and also for its buy-in to the cryptocurrency industry. […]
I was surprised to find a sector that is set to explode quickly. I was surprised because this strong sector has been on an uptrend for the past 13-years…but has hit a trough and is turning up as you read this. If you think it’s technology, you’re wrong. Currently, the entire sector is about 17% […]
Shares of Tencent Music Entertainment Group (TME) recently plunged 50% from their all-time high of $32.25, to an intraday low of $16.31 following liquidation by a major hedge fund. Specifically, Archegos Capital Management was forced to unload a number of the positions it held following a margin call. Goldman Sachs, Morgan Stanley, Credit Suisse, and […]
Covered calls are one of the most popular investment strategies used by both retail and institutional traders. For retail traders, covered calls are easily accessible and don’t require a substantial amount of maintenance. For institutions, covered calls are beneficial both because they can scale into the billions of dollars and because they have long-term portfolio […]
Significant options volume showed up on earnings day last week for Micron (MU). The computer memory chip producer was up nearly 5% on better than expected earnings. That’s likely why 75% of the 335,000 options that traded that day were calls. Call activity tends to correlate with bullish activity in the stock. Several of the […]
Markets and asset classes are very much intertrwined. But when you look at just the stock market you get only a fraction of the information you need to know. There’s a very simple but also very powerful indicator that I like to use to confirm the messages I see in the stock market. The way […]
Schlumberger (SLB) is the largest oilfield services industry in the world, with a presence in every energy market through its four main business segments: Reservoir Characterization, Drilling, Production, and Cameron. The company prioritizes providing top-notch services to its customers by being a global driver in technological innovation and is better positioned than most of its […]
