For the second half of 2016, it looked like all hope was lost for gold. Back in September the shiny metal had a massive move to the downside, and then recovered nearly all of those losses… Only to have the post-election reaction bring sellers back in as it broke key support. Yet into this bloodbath, […]
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Look For This Stock To Breakout Into Earnings
Today I want to reveal to you one of the best looking technical setups in the market right now. But first, let’s talk some football. Over the past month, there has been so many amazing college football games on TV. The Rose Bowl was an instant classic. Both Alabama and Clemson put on defensive performances […]
Does Dow 20k Even Matter?
EVERYBODY GET YOUR HATS! The Dow Jones Industrial Average is just spitting distance away from a nice, round, whole number. But who cares? After all, the index is just a handful of stocks picked by a group of people in a conference room. It shouldn’t really matter to the markets, right? Not so fast! It […]
Long Bonds is The Play Into the Fed
It’s finally here. The last Federal Reserve meeting of the year. And after all the drama we’ve seen in 2016, this event seems to be approaching without a whole lot of protest from investors. According to the Fed Fund Futures market, the odds are currently set at 95% that a rate hike will happen. If […]
How to Trade the Twitter Takeover Talks With Options
After 9 months of chatter, new finally came out that TWTR is in talks to be acquired. The stock jumped from 18.50 to the low 20’s overnight. This is after peaking out in the 70’s a few years back: We aren’t sure who will take them out, but here’s the current list: Microsoft Google Blockbuster […]
Why GOOG Options Are A Buy Right Now
I’ve been talking a lot about how options are really, really cheap right now. And to be fair, it makes sense. The S&P is in the tightest range we’ve seen in something like 20 years, so the options market is responding in kind. But we’re starting to see an overshoot. Take Google Alphabet (GOOG) for […]