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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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Post-Election Meltdown

On Tuesday evening, not only did the world witness a stunning and historic presidential election, we also witnessed a stunning and historic market reaction.  Safe to say that when voting started on Tuesday, expectations were set for some overnight volatility during the 2016 Presidential Election decision, but was anyone really…

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The Sun Still Rose

The 2016 presidential election is finally over. Even with all of the rhetoric, hyperbole, and fear, the sun still rose this morning. And it should be no surprise that it will do so again tomorrow. As sure as the sun will continue to rise and the Earth continue to spin,…

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Winners and Losers at high noon

The overall market has dramatically and quickly digested the election result this morning. Overnight, fear dominated the investing stage in the futures market with the major index futures down limit! However, the recovery began before the opening bell and continued in the equity market before lunch. It is truly remarkable…

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Time to get back to reality

The market will not stay worried about the market for the next 2 1/2 months just because Trump was elected President. We now return to the factors that actually impact sentiment: Buyers and sellers, companies and news. There will be earnings, there will be takeovers, there will be holiday shopping…

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Final Countdown to the Presidential Election

The US Presidential election is finally upon us. Traders should be braced for volatility in the marketplace for the remainder of the week.  While the stock index futures market is still just slightly below our all-time highs, this may not continue to be the case once a winner is declared. …

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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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The Election and Futures Market Movement

The Election and Futures Market Movement As the election season is officially upon us with the first Presidential Debate this past Monday, traders should be braced for possible volatility in the marketplace. The stock index futures market is just slightly below the all-time highs. With the exception of Brexit, 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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Monetary Policy Via Interest Rates

Tomorrow is Fed day! Tomorrow Janet Yellen will announce whether the Federal Open Market Committee (FOMC) will continue to raise the current short term interest rates, or maintain the status quo. Here is a little primer to understand what the Fed is trying to do and what it might mean…

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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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Volatility is Coming Back!

For most of this past summer (and for sure the entire month of August), the investing topic-of-the-day was how eerily quiet the markets had become. Well, the weeks of complacency and a slow melt up on low volatility and low volume have come to an end. Volatility. It's back! August…

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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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