2017 has been "The Year Of The Grind." Slow, plodding moves higher with very low volatility and short-lived pullbacks. This is one of those times where you'd think selling volatility is a layup trade... until you realize that the volatility has basically been in one direction-- up. And that can be a killer for iron
We just closed out a low-stress trade in ADBE (Adobe). This kind of setup allows you to earn income-generating profits without putting on a ton of risk. I'll detail the setup in just a moment, but first allow me to explain how this trade works. After a big move higher in a large-cap stock, what
During the entire rally in smallcaps, an interesting indicator did something that it wasn't supposed to. I'll show you what's going on in just a moment, but first let's take a look at where the Russell 2000 (RUT) index currently sits. Smallcaps had a monster of a rally without any kind of pullback at all.
Last week, Shopify (SHOP) had a nasty selloff, going from 120 to 100 over the course of just a few days. The baddest short seller on the block, Citron Research, apparently thinks that Shopify is some giant scam. Or something. I like the company overall and this feels more like a bear raid to me...
Markets are in an absolute "melt-up" mode. Here's a few reasons why: Absence of news. The Fed hikes are pretty well projected, and all the central bank policies are "known knowns." There's no major elections up on deck, and overall economic data hasn't been too surprising. Sideline money. Institutional investors are being forced to rotate
In the month of September, the VIX saw the lowest monthly close... ever. Of course it helps that the actual volatility in the market is low as well, but if you're an option seller you've got to start asking yourself... is the juice worth the squeeze? Because at some point the risk/reward gets skewed to