Next week offers quite a few trading opportunities. Earnings are in full swing and quite a few large-cap stocks are due to announce. So far, due to our patience in the selection process, this earnings season has allowed us to make several nice profits. My focus next week will be on a few of the… Read more »
Below is my list of ETFs with the most liquid options for the week of January 24. Here are the various levels I use to determine if an ETF is in an oversold or overbought state. Very Overbought – a reading greater than or equal to 90.0 Overbought – greater than or equal to 80.0… Read more »
Earnings season is officially upon us. Next week is a big earnings week for the market. A few of the highlights are the earnings announcements of International Business Machines (IBM), Verizon (VZ), Microsoft (MSFT), AT&T (T), Boeing (BA), Tesla (TSLA), Intel (INTC), Mastercard (MA), Visa (V), Chevron (CVX), Caterpillar (CAT) and numerous others. Remember, risk… Read more »
Two days ago I posted my seventh bear call spread in SPY since late August. This time selling the 478/483 spread for roughly $0.80. Now the spread is trading for roughly $0.20. As a result, we can lock in another 13.6% on our spread. As I stated earlier this week, we’ve had some good fortune… Read more »
Last week I posted another bear call spread in SPY. At the time, SPY was trading for 466.91. Now it is trading for roughly 459.50. As a result, we can lock in approximately $0.60 on the trade for a 13.6% return. We’ve had some good fortune since late August using bear call spreads on the… Read more »
I came across an interesting infographic earlier this week. I’m still trying to dig in deeper to see if there are any opportunities to be had from the information given, but I will say that the infographic did spark some other ideas within the commodity sector. As we all know, inflation is here. How long… Read more »
Below is my list of ETFs with the most liquid options for the week of January 17. Here are the various levels I use to determine if an ETF is in an oversold or overbought state. Very Overbought – a reading greater than or equal to 90.0 Overbought – greater than or equal to 80.0… Read more »
Earnings season is officially upon us. Next week kicks off with Goldman Sachs (GS), Morgan Stanley (MS) and Bank of America (BAC) due to report. Both MS and BAC are on my radar, as are a host of others due to report later in the week. Netflix (NFLX) will certainly garner attention, and if the… Read more »
How can I protect returns without having to sell my positions? It’s the hot question being sent my way right now. And it makes perfect sense when you consider just how far the S&P 500 has come over the past three years. 2021 – 26.89% 2020 – 16.26% 2019 – 28.88% So, after three consecutive… Read more »
Energy stocks have led the way so far in 2022. The sector is up well over 10% in 2022 alone. But the short-term push higher has pushed the sector, as seen through the SPDR Energy Select Sector (XLE), into an extreme overbought state. Typically, when we see readings this extreme a short-erm pullback or reprieve… Read more »
You’ll get Andy’s latest trades and takes on the market, along with four free options trading reports, discussing High-Probability Trading, Poor Man’s Covered Calls and more!
