Weekly Losing Streak Continues…

Weekly losing streak continues…

Stocks fell for a 3rd consecutive week over concerns in the retail sector, commodity price volatility, and a stronger dollar weighing down large cap international stocks. The news in retail seems to be providing further evidence of the change to on-line buying patterns of US consumers as the Commerce Department…

Read More
It’s All Over Except The Main Event!

It’s all over except the main event!

Last week it became ‘relatively’ official. Donald Trump will be the Republican nominee for President after his two remaining challengers, Ted Cruz and John Kasich, dropped out following another Trump victory, this time in the Indiana primary. On the Democratic side, despite Bernie Sanders winning in Indiana, Hillary Clinton essentially…

Read More
Sell In May And Go Away?

Sell in May and go away?

One of the oldest of old Wall St. trading adages states, “Sell in May and go Away!” This is based on looking at the returns of the S&P 500 index by month and some analyst noticing that the majority of returns occur from November to April. There is historical basis…

Read More
Earnings, The FOMC And The NFL Draft

Earnings, the FOMC and the NFL Draft

On this last week of April the NFL is holding its annual 3-day draft extravaganza in Chicago this week as pro football fans across the country hope, wish and pray that their team's needs can be filled with that impact player who will turn their team into a Super Bowl…

Read More
Margins And Tonics

Margins and Tonics

MYTH: A customer who makes the occasional day trade is not susceptible to day trading rules in the same way as a true day trader entering and exiting positions continuously throughout the day. FACT: All customers are subject to the same day trading rules as prescribed by FINRA regardless of…

Read More
Earnings Season Kicks Off With Financials In Focus!

Earnings Season kicks off with Financials in focus!

With Alcoa's quarterly report last night the spring earnings season officially kicked off. With April monthly expiration Friday, traders will focus on the financial sector this week with JP Morgan Chase (JPM) reporting Wednesday. Coincidentally, the Fed will release its beige book survey of regional economic conditions on Wednesday as…

Read More
The Market Recovery Becomes The Focus!

The Market recovery becomes the focus!

Traders this week seem to be focused on trying to discern whether the market can continue its upward path after posting its 5th straight weekly gain! After hitting a low of 1810.10 on Feb 11, 2016, the market has been able to recover almost 240 points in the S&P 500…

Read More
29 February = Leap Day! Let’s Learn About LEAPs

29 February = Leap Day! Let’s learn about LEAPs

Today we “celebrate” Leap Day. Leap years occur every 4 years, perhaps not coincidentally in U.S. presidential election years to give politicians an extra day to convince us that they are the obvious choice to become our next leader. Yikes! I hope not. In reality, Leap Day is added to…

Read More
Market Downturn Got You Down?

Market downturn got you down?

Take a look at this MATRIX of potential Hedging Strategies and get back in control of your portfolio. The case for hedging. Too often I have seen retail active traders become paralyzed when the market hits the rough bear patch! An old Wall Street story goes when a short term…

Read More
Using A Portfolio Put To Hedge Macro Market Risk.

Using a Portfolio Put to hedge macro market risk.

The overall market has had a miserable start this first month of 2016. The S&P 500 index has sold off 10% before attempting to bounce yet remains down about 7%. There is a ton of nervousness and trepidation among investors as the VIX (CBOE Volatility Index) has spiked higher indicating…

Read More
Using Charts – Was That The Bottom?

Using Charts – Was that the bottom?

Active market traders are seeing an incredibly volatile market and trying to make sense of any of it is an especially daunting task! Did we hit a capitulation bottom today? The recovery off of today's lows was an incredible spectacle to behold. The low today of 1812.29 in SPX bounced…

Read More