By Jon D. Markman On May 18, 202004:05 PM Eastern
Stocks surged to open the week on news that an experimental COVID-19 vaccine showed promise and Federal Reserve Chair Jerome Powell’s remarks over the weekend that there is still more that the...
It’s a new week, and a new options expiration cycle, now that May contracts have gone off the board.
Since your May covered call spread on State Street (STT) expired in your favor on Friday …...
By Martin D. Weiss, Ph.D. On May 18, 202010:45 AM Eastern
The coronavirus pandemic has created a financial nightmare in America.
It has unleashed a chain of devastating economic events that could change almost everything in your life.
But if you...
By Jon D. Markman On May 18, 202006:28 AM Eastern
Stocks swirled like pinwheels in a light breeze on Friday, edging over and under the unchanged line, as investors balanced terrible retail sales data against better-than-expected consumer...
By Jon D. Markman On May 15, 202003:05 PM Eastern
Stocks are swirling around the unchanged line today, heading for weekly losses, as investors weigh a plunge in retail sales against better-than-expected consumer sentiment and oil-price gains.
...
By Sean Brodrick On May 15, 202012:00 PM Eastern
Stocks are going up, but they seem to be walking on air as fundamentals keep showing more and more weakness. Without support, all those stocks that went up will definitely come falling down....
By Sean Brodrick On May 15, 202011:22 AM Eastern
Yesterday, we squeaked out tiny gains on Cameco Corp. (NYSE: CCJ) and Zynga Inc. (Nasdaq: ZNGA). Also yesterday, you pocketed a much bigger return. That’s because Abbott Laboratories (NYSE: ABT)...
Good news: Today is May expiration day — and you should have no trouble locking in solid income on a pair of recommendations!
First, your May covered call spread on State Street (STT) involved...
By Tony Sagami On May 15, 202008:34 AM Eastern
Several states have relaxed their restrictions on business operations. However, opening a business is one thing; filling it with customers is quite another.
One of the key tell-tale signs of a...
By Jon D. Markman On May 15, 202006:28 AM Eastern
Stocks performed a magic trick on Thursday, paring steep early losses in midday trading and then springing in the late afternoon to big gains despite a report of after higher-than-expected claims...