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Did You Know? – Symbol Wheel

Did you know? To help you get the most from the OptionsHouse platform, this series of tips is designed to save you time with handy shortcuts. This installment focuses on the symbol wheel on our new mobile app. Tip: Tap the delta at the bottom of the screen in the…

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Election Results after One Month

This week marks one month since the surprising/shocking victory by Donald Trump. Not only did the election result surprise many political prognosticators, but more importantly for self-directed active investors, the stock market’s rally which has occurred post-election, has also shocked and surprised many market talking heads. The overall market as…

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Get out the vote!

Pre-market futures are pointing to a much higher opening, looking to stem a 9 day losing streak in the major stock market averages. Traders are hyper focused on the election Tuesday! Sunday, the FBI announced no reasons were found to charge presidential candidate Hillary Clinton after it reviewed the new…

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Merger Mondays are back!

Years ago traders became so used to hearing about merger activity conducted over the weekend that it seemed each Monday was carried the moniker of “Merger Monday”. Today is reminiscent of those days with 4 big deals hitting the headlines. AT&T (T) confirmed the rumors from last week that it…

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Earnings Foliage turning colorful!

As dependable as the autumn leaves, exposing the multiple colors in the fall foliage week by week, the October earnings season is expanding to show an increasingly diverse group of sectors in the companies which report their ‘true colors’ of results this week. Last week the stream of earnings was…

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Typical! Bankers get a holiday but traders, trade.

Bankers get the day off due to the Columbus Day holiday, but traders return to their terminals and iPads this morning to find the markets stronger with oil and energy names continuing to lead. I expect light volume today due to the banking holiday, which could actually lead to outsized…

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Nothing Matters but October

Welcome to October! In Chicago anyway, it seemed we dove from 80 degree summer evenings to fall temperatures overnight! October the month that is infamous for the crash of 1929 (that I read about) and again in 1987 (that I lived and traded in the OEX option pit on the…

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Golf Loses a King

Arnold Palmer died last night at 87. For those readers who never saw Arnold Palmer hit a competitive golf ball and believe that Tiger and Phil are the “old guys” of golf, please watch one of the tributes to golf’s first superstars and its greatest ambassador. Although he didn’t win…

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Do this! Don’t Do That!

OptionsHouse provides exceptional value to the self-directed active investors. We don’t give specific investment advice – so this missive should not be construed as such. However, I have traded stocks, options and futures for over 30 years and I have had some fantastic mentors over my professional career who have…

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Closer to another rate hike

Federal Reserve Chair Janet Yellen speaking from Jackson Hole indicated that the U.S. central bank was nearing the point of raising the short-term Fed Funds rate once again, possibly at their September meeting. She did reiterate that the decision would remain “data dependent”. Pointing to the strong performance in the…

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Welcome to August

As the attention of many traders focuses on summer vacation and hitting the beach, we should look back at a pretty remarkable market performance in July. It seems like more than a month ago that in late June disaster loomed for market bulls after shock at the Brexit vote sent…

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Now what – More Fireworks ahead?

Brexit fears drove global averages down frighteningly quickly, but stocks reversed just as suddenly to put in the best weekly (+3.2%) performance this year.     Source: OptionsHouse As Traders return from the long Independence Day holiday weekend the early tone is guarded with pre-market futures indicating a 100 point drop…

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