Cannabis stocks, like Canopy Growth (CGC) have been explosive. As we near a potential push for legalization at the federal level, and as Virginia passes cannabis legislation, related stocks could push to new highs. Helping, Canopy Growth says it expects to see a profit by the second half of 2022. “We are building a track […]
You Could Be Missing Big Gains on Dividend Stocks By Chasing The Media’s Story Stocks
The need for instant gratification has spilled over into the world of investing. The GameStop (GME) saga was the culmination of a world in which both the financial media and social media focus on short-term news and “advice.” I hear it from many of my subscribers who see the news and hype around stocks like […]
The Options Trade If You Think Interest Rates Are Going Up
For the moment, short-term craziness in the market has evaporated. Volatility is returning to more normal levels—well, normal for the last year anyhow. Most of 2020 as well as January 2021 were anything but ordinary. Nevertheless, we can’t ignore the future…and the future certainly includes potential interest rate movement. After the pandemic hit, the Federal […]
Three Rules for Boosting Your Trading Profits Today
As an active trader I’m amazed more people don’t trade options. Options not only allow you to lower your risk but also allow you the opportunity to mimic a stock portfolio, but with a lot less money. Now, who wouldn’t want to make bigger profits and risk less of their money? I take pride in […]
APPS Stock Price Up 50% YTD After Post Strong Quarterly Results
Digital Turbine (APPS) has become of the most explosive stocks on the market. APPS, which provides media and mobile communication solutions for mobile operators, application developers, device original equipment manufacturers, has seen its stock run from a low of $12 to nearly $90 a share since July 2020. From here, APPS could see $100 a […]
Trade of the Week: XLF
Last week, there was some unusually large options activity in Financial Select SPDR ETF (XLF). XLF tracks financial stocks such as banks and asset management companies in the S&P 500. On a particularly brisk day for options trading, XLF had about 2x more options volume than normal. A large chunk of the volume came in […]
How To Protect Your Portfolio Using Dividend Stability
I am surprised about how many questions I get concerning investments that may lose money. For many investors, the first question about any investment recommendation is how it can lose money. In one way, the concern makes sense since my focus is on income-producing investments. On the other hand, I wonder if they have been […]
CGC Stock Price Up 7% On Growing Support for Marijuana Legalization
Canopy Growth (CGC) is seeing higher highs on growing U.S. support for legalization, and potential reform. “We are committed to working together to put forward and advance comprehensive cannabis reform legislation that will not only turn the page on this sad chapter in American history, but also undo the devastating consequences of these discriminatory policies,” […]
Finding Security Through Implied Volatility
An examination of implied volatility as it applies to the recent GME rally and crash.
What To Look for When Choosing the Best Dividend Stocks
All investors have different goals. Some are simply Wall Street hobbyists, while others are future retirees who want to store up a nest egg. On top of letting you enjoy the thrill of the trading floor and save for the future, a dividend investing portfolio can provide you with a stable source of income as […]