No new trades for you today, but LOTS of news to cover.
First, let me recap your positions and recent changes …
Earlier this week, we recommended that anyone who sold to open an April WSM...
By Tony Sagami On April 10, 202003:00 AM Eastern
The price of oil has plummeted, and energy stocks have been hammered.
Oil prices may go lower, but if you believe that oil prices will be substantially higher a year from now, you should...
By Juan M. Villaverde On April 9, 202005:00 PM Eastern
Our ratings are updated weekly. For the latest list, click here.
Bitcoin to Hit Mid-April Top and Suffer a Pullback.
Then: ‘Buy’ Signal
Listen closely. That sigh of relief you...
By Jon D. Markman On April 9, 202003:10 PM Eastern
Stocks ripped higher again Thursday after the Federal Reserve pledged to pump more funds into the financial system just as millions of more out-of-work Americans are seeking aid because of the...
By Sean Brodrick On April 9, 202009:55 AM Eastern
We need to cut our losses on the ProShares UltraShort Dow30 (NYSE: DXD). Why? Because the Federal government just rolled out a new “buy everything” program, and the market is springing higher.
...
By Mike Larson On April 8, 202004:11 PM Eastern
From panic selling to panic buying.
From widespread liquidation to widespread adoration.
From rampant coronavirus fear to emerging coronavirus hope.
That’s the major shift we’ve seen on Wall...
By Jon D. Markman On April 8, 202003:05 PM Eastern
Stocks are on the move higher again Wednesday as investors were lifted by signs that the spread of the coronavirus could be stabilizing in hard-hit locations.
Through 2:30 p.m. Eastern, the Dow...
By Juan M. Villaverde On April 8, 202002:36 PM Eastern
In times of crisis, the ever-present balancing act between security and privacy always rises to the surface.
Sure, some sacrifices to privacy are considered “justified” in the short term. But...
By Sean Brodrick On April 8, 202010:40 AM Eastern
Today, we’re going to grab gains on your remaining June 19, 2020 Barrick Gold (GOLD) call options with a strike price of $20. The reason is that tonight is the start of Passover, and this Friday...
By Jon D. Markman On April 8, 202006:28 AM Eastern
Stocks staged one of their ugliest reversals of the past decade on Tuesday, gapping way up at the open and then swerving lower into the red as if chased by the securities police.
It looked like...