By Jon D. Markman On April 13, 202003:13 PM Eastern
Stocks are pulling back today following two weeks of pure strength as investors returned from a three-day weekend to more talk from the White House about re-opening businesses while they braced...
By Martin D. Weiss, Ph.D. On April 13, 202011:51 AM Eastern
The Fed seems to think that the $2.3 trillion in extra save-the-world money it announced on Thursday will do the trick.
And for now, at least, Wall Street seems to agree.
Well, I have news for...
The stock market bounced strongly last week, aided and abetted by even more aggressive stimulus announcements from the Federal Reserve. In fact, the S&P 500 jumped around 12% — its best week since...
By Sean Brodrick On April 13, 202011:15 AM Eastern
Let’s grab gains on HALF the June 19 Abbott Labs (ABT) call option with a strike price of $90 (ABT200619C00090000).
They’re bidding at $3.00 this morning, which is up nicely from our tracked...
By Jon D. Markman On April 13, 202006:28 AM Eastern
Stocks ripped higher Thursday after the Federal Reserve pledged to pump more funds into the financial system just as 16 million out-of-work Americans seek aid because of the virus crisis.
The...
By Mike Larson On April 10, 202012:00 PM Eastern
Thomas Paine’s words “These are the times that try men’s souls” referenced the American Revolution. But given the challenges our economy and markets face due to the coronavirus, they certainly...
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 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.
...