I often get asked about cryptocurrencies and whether they are safe investments to add to a portfolio. For investors unfamiliar with the term, a cryptocurrency is basically a digital token, or coin, that trades on a distributed and decentralized ledger called a blockchain. The most popular, and well known, cryptocurrency is Bitcoin, which made its […]
Options
Trade of the Week: HYG
Last week, we saw a substantial amount of options activity in the iShares iBoxx $ High Yield Bond ETF (HYG). HYG is a very popular ETF used for tracking junk bonds (aka high yield bonds). The ETF normally has about 220,000 options contacts that trade per day on average, but on a busy day last […]
Swing Trade Open For Airlines
Airline stocks haven’t moved much in a few months. They were mega-popular during the March 2020 drop as many cratered 50-70%. In 2021, they’ve traded a bit choppy. But, I’m looking at one airline that could be ready to run in the short-term. Oil prices used to be a big deal for airlines… but that […]
Protecting Your Downside Exposure with Options
It’s never a bad idea to know how to minimize your equity exposure, especially right now, as the market is showing some cracks in its armor lately. The S&P 500 was down roughly 5% in September, the first down month in 2021 since January, and the largest since the pandemic hit in March 2020. Granted, […]
The Biggest Crashes Have Often Come in October: Here’s How to Trade the This One
September was a bearish month for the market and October has witnessed some of the biggest crashes and corrections in history. While most market pundits believe the trend remains strong for the market, it’s important to note all the 50-day major moving averages failed to hold to end the quarter. With the third-quarter earnings season […]
Trade of the Week: UNG
There’s been a lot of unusual action in United States Natural Gas (UNG) recently. The natural gas ETF was down 6.5% one day last week, but has gained over 100% for the year due to global supply shortages. On the big down day, 58% of the 46,000 options traded were calls, which suggests some traders […]
The #1 Sector I’m Looking at as Bond Yields Skyrocket
We’re seeing bond yields on the 2-yr government bonds hitting 2020 numbers again. And this only benefits one specific sector. It’s not oil or materials. There’s another sector I’m seeing very bullish moves in… and I even point out 2 stocks that could see some upside. If you’re watching inflation as I am… you should […]
Does Robinhood Offering Crypto Wallets Mean It’s a Buy?
Formed in 2013, Robinhood Markets (HOOD) became a publicly traded company in late July with much fanfare. The company is widely considered the leader in pioneering commission-free trading for stocks and exchanged-traded funds through its popular mobile trading platform. Shares made their debut on July 29th at $38 a share but were priced at the […]
Generate Cash While You Wait For The iPhone 13
For the last decade or so around this time of year, investors and technology enthusiasts have anxiously awaited the launch of brand-new Apple (AAPL) products. Ever since the iPhone became the most popular product in the world, each new iteration of it (and other Apple products) has drawn significant interest. From an investor standpoint, Apple […]
Trade of the Week: SNAP
We saw some unusually heavy option volume in Snap (SNAP) last week, with nearly 2x the average amount trading on a big up day in the stock. SNAP is the owner of Snapchat, a very popular social media platform. Some negative news on Facebook sent that social media stock down, and SNAP may have been […]