Benefit From the Tech Rally and Get Income

Benefit From the Tech Rally and Get Income

For months, the share prices of most stocks have been in the doldrums or worse. Large-cap tech stocks have been the exception, posting nice gains so far this year. Let’s check how a couple of covered call ETFs have performed compared to the most popular tech stock ETF. It’s my favorite way of investing in […]

This Energy Midstream Mega-Deal Will Be a Winner

This Energy Midstream Mega-Deal Will Be a Winner

U.S. natural gas pipeline giant ONEOK (OKE) is set to buy Magellan Midstream Partners (MMP), which owns a pipeline network that primarily transports crude oil and refined products for $18.8 billion. This is going to be huge for investors… Magellan shareholders will receive $25 cash and two-thirds of an ONEOK share for each unit of […]

Trade of the Week: Bitcoin

Trade of the Week: Bitcoin

 Some stocks are good for investing and others are better for trading. Bitcoin has become a popular trading instrument and may end up being at least somewhat uncorrelated with other asset classes. Currently, ProShares Strategy Bitcoin ETF (BITO) is a popular way to trade bitcoin (that uses bitcoin futures). Coming in June, the 2x Bitcoin […]

This CEO Just Went Off on His Stock’s Value – and He’s Right

This CEO Just Went Off on His Stock’s Value – and He’s Right

When markets are disrupted, good companies get taken down along with the ones that are facing problems. The banking sector “crisis” pulled down the share prices of companies across the financial sector. Finance REITs were included, and this group faces continued challenges due to potential commercial mortgage challenges. Recently the CEO of a favorite finance […]

Trade of the Week: Broadridge Financial

Trade of the Week: Broadridge Financial

While it’s interesting to see what options are trading in terms of absolute volume, it can also be useful to look at relative volume. For instance, Broadridge Financial (BR) traded over 125x its normal options volume one day last week. The banking software company typically only trades 40 contracts per today, so seeing a 2,000-lot […]