By
Sean Brodrick On
March 24, 202010:10 AM Eastern
Let’s talk about gold’s $100, bouncing-off-the-bleachers rally yesterday. It was amazing. And it was the biggest daily dollar-denominated surge for the most-active gold futures contact, based on...
By
Sean Brodrick On
March 23, 202011:15 AM Eastern
You already banked half gains on your ProShares UltraShort Russell2000 (NYSE: TWM). Now, it’s time to grab the other half. The Fed is trying to jump-start a bounce, and they might succeed.
If...
By
Sean Brodrick On
March 20, 202012:00 PM Eastern
Between the sudden demand and supply shock, liquidity crunch AND the global pandemic, it might feel like the time to panic. But panic will get you nowhere, fast. I’ve broken down what’s going on...
By
Sean Brodrick On
March 20, 202009:37 AM Eastern
The broad market is rallying this morning. As of last night, we tracked open gains of more than 12% on ProShares UltraShort Financials (NYSE: SKF). It’s time to grab those gains off the table.
...
By
Sean Brodrick On
March 19, 202010:26 AM Eastern
I always like the idea of ending something on a good note. So, I’ll give you the bad news first, and then move on to the good.
The bad news is yesterday’s massive crash hit your protective stops...
By
Sean Brodrick On
March 18, 202012:05 PM Eastern
We tried to use the bounce yesterday to add Wells Fargo (WFC) puts and buy ProShares UltraShort Financials (NYSE: SKF). Our puts didn’t fill, but the SKF hit our price target as the market...
By
Sean Brodrick On
March 18, 202011:37 AM Eastern
Iron Mountain (NYSE: IRM) hit your protective stop. You should have exited already.
But this news at least comes with a silver lining: You held IRM long enough to collect the next dividend of...
By
Sean Brodrick On
March 17, 202012:55 PM Eastern
The White House is rolling out the big guns, passing down fiscal stimulus and actions to prevent the spread of the COVID-19.
Finally!
I applaud their actions. But even with this support, I...
By
Sean Brodrick On
March 17, 202012:21 PM Eastern
The White House and the Federal Reserve are throwing all sorts of stimuli at the market. I’m hoping this will lead to a big rally. But so far, the rallies the market has scraped together have been...
By
Sean Brodrick On
March 16, 202001:05 PM Eastern
The Fed slashed its benchmark interest rate to near 0% and fired its liquidity cannons. But neither act was able to help the markets early today. They fell hard, strangled by a global liquidity...