Thursday, November 28, 2024
Recently, I have found myself going down the rabbit hole leading to ETFs and closed-end funds (CEFs) that use covered call strategies. These funds offer the promise of investment exposure to major asset classes or indexes, plus a high level of dividend income. Closed-end funds aren’t generally my cup of tea as many remain murky […]
Looking for an extra stream of income? You may want to add income stocks to your portfolio. We’ll explain the benefits and what to look for.
Well-known cybersecurity company McAfee (MCFE) has been around for decades and trades on the major stock exchanges. However, new investors might not know that more than a decade ago, Intel (INTC) bought the company for $7.7 billion in a surprise deal. In September 2016, Intel decided to sell a majority stake in McAfee to private […]
The world economy was basically on hold for more than a year due to the coronavirus pandemic (and now variants of the virus that causes COVID-19). Some countries, like the U.S., are mostly back to normal operations. Other countries are still dealing with lockdowns and widespread infections due to a lack of vaccinations. Overall, though, […]
Millions of Americans are dealing with extreme heat again. Along the way, it could fuel bigger demand for microgrids, and technology from companies like CleanSpark Inc. (CLSK). According to The Guardian, “The heatwave gripping the US west is simultaneously breaking hundreds of temperature records, exacerbating a historic drought and priming the landscape for a summer […]
On the day of the FOMC meeting results last week, there was quite a bit of unusual options activity in Financial Select Sectors SPDR Fund (XLF). XLF, the most heavily traded financial sector ETF, traded about 2.5x its normal options volume. 67% of the activity was in calls, which is generally a bullish signal. The […]
Since 2008, pundits are screaming – “Inflation is coming!” They are getting louder; do we scoff at the warnings, or take heed? What if they are right? If we take precautions, what harm can we do to our life savings if it doesn’t happen? Baby boomers worked hard and played by the rules. Most are […]
Let me share with you one of the best tips on making money in the market… Good traders know WHEN to trade — Great traders know when NOT TO TRADE. Nothing is worse than seeing a huge run-up in your account only to give it all back when the market isn’t working. (a lot of […]
Draftkings Inc. (DKNG) is beginning to recover after a short report from Hindenburg Research. The short sellers allege that, “SBTech, a European technology company that merged with DKNG as part of the SPAC deal, generates significant revenue from questionable gambling practices in overseas markets, particularly in some Asian markets,” as reported by CNBC. However, DKNG […]
I’m often asked, “what are stock options?” by some of my newer readers. Stock options are derivatives based on the value of the stock and offer the trader the opportunity to buy or sell the stock at a stated price within a specific time. The most common option trades, especially for beginners, are covered calls. […]
