Posted on May 9th, 2023
You might not get too excited to read the NASDAQ closed the day of trade up 0.2% on the day. What if we told you this had the NASDAQ closing up 20% from its closing December 28 of 2022 low? You might be at least encouraged by that last piece of information if you are […]
Posted on May 5th, 2023
Yesterday’s education provided analysis of the US equities markets, represented by use of the SPDR S&P 500 ETF Trust (SPY). This is an ETF that replicates returns of the S&P 500 index. What was taught was the observation SPY was testing a previous pivot low, which could either turn in to a double bottom support […]
Posted on May 4th, 2023
It is very likely everyone paying attention to the markets knows the Federal Open Market Committee (FOMC) raised interest rates a 1/4 of a basis point yesterday. They also intimated they may be taking a pause on another rate hike for the foreseeable future. This news didn’t do anything to bolster investor/trader confidence as the […]
Posted on May 3rd, 2023
Time to Assess Price Targets in the Event Equities Roll Over The recent price action in US Equities is one in which they have peaked for now and started to slide back in pricing. There are exceptions to this situation as securities like Microsoft and McDonald’s are trading at its 52-wk high and near it […]
Posted on May 2nd, 2023
Here’s an understatement for you all… Today was not a good day for the Bulls. Intraday the Dow was down more than 500 point. Bank concerns are proving to still be an issue as the crisis Jamie Dimon of JP Morgan Chase said yesterday was under control may still NOT be. There are concerns with […]
Posted on May 1st, 2023
This Wednesday, we are going to get yet another interest rate hike decision from the Federal Reserve Open Market Committee (FOMC). The decision will be either no rate hike or it will be another hike and for a certain amount. The market activity for the underlying securities and the options will likely be pretty flat, […]
Posted on April 28th, 2023
There has been many an article written lately concerning earnings. One thing we want to emphasize or even re emphasize is how one can prepare for options trading during earnings season. One of the Morning Reports lists is title Expensive IV. IV is the options implied volatility. In and around earnings an options IV tends […]
Posted on April 27th, 2023
Today’s education is on how to anticipate a potential future price move for a stock or ETF based on the pricing of that security’s option pricing. Many times, people use fundamental analysis projections to assess a percentage number a stock’s price may appreciate. The fundamental analysis is more often than not used for long-term price […]
Posted on April 26th, 2023
Earnings Season is Under Way! Tomorrow concludes what could be considered the first full week of earnings announcements. How are things faring? As of mid-week, the S&P 500 is reporting a year-over-year decline in earnings of -6.5% for the first quarter. This according to research provided and written by John Butters, Vice President, and Senior […]
Posted on April 21st, 2023
Yesterday’s article provided some base education on an options Implied Volatility (IV) and how it can move prior to an earnings announcement on the underlying. Today we will focus our discussion on what tends to happen to an options IV post the earnings announcement and how it may dictate you closing out that open options […]
