Friday, May 17, 2024
With the pandemic fading into the rearview mirror, there has been a reluctant, but irrefutable move back to the office and back to school. But, if you’ve been to a classroom recently, you may have noticed a change from when you and I were sitting behind a school desk. Everything seems to have wheels on […]
The current economic cycle has been, in a word, unusual. Housing stocks have remained strong even as banks have failed and mortgage rates have skyrocketed. Infrastructure stocks have done very well, and there is currently a bidding war breaking out over U.S. Steel (X – Get Rating). And consolidation in the steel industry should further lift the industry […]
Last week, in my 48-Hour Income service, we decided not to sell a cash-secured put on meme-stock favorite, Gamestop (GME). In 48-Hour Income, the goal of the service is to generate 1% to 3% returns per week by selling 2-day puts in certain stocks. GME was up big with retail traders active ahead of earnings […]
This doesn’t happen as often as it did even a few years ago (because it’s done automatically in the background now), but do you remember when you would get an alert on your computer that you needed to “Update Drivers”? Did you ever wonder exactly what a driver was and why they always seemed to […]
Last week, in my 48-Hour Income service, we sold a cash-secured put on department store stalwart, Macy’s (M). In 48-Hour Income, the goal of the service is to generate 1% to 3% returns per week by selling 2-day puts in certain stocks. M had earnings coming up the next day and its put option premiums […]
At the beginning of 2020 PHX Minerals (PHX – Get Rating) began a massive change. The company, which prior to this date had been known as Panhandle Oil & Gas, began a wholesale transformation. This included a management overhaul and an almost entirely new business model, which is now paying dividends. Today, PHX acquires and develops non-developed oil and […]
In my 48-Hour Income service last week, we sold a cash-secured put on quantum computing company, IONQ (IONQ). In 48-Hour Income, the goal of the service is to generate 1% to 3% returns per week by selling 2-day puts in certain stocks. IONQ had earnings coming up the same day (after market close), and its […]
While rates have a direct impact on low income consumers first, as interest rates have remained high, relative to recent history, they have impacted high end consumers as well. But, with the rate and economic cycles on the mend, these consumers are historically the first to put discretionary funds back to work, and this could […]
As the possibility of the interest rate cycle turning comes into clearer relief, utilities, which have been underperforming in a rising rate environment, should switch back on and begin to outpace their non-dividend paying rivals. And a utility that both pays a dividend AND is growing earnings, would be a great play at this point […]
Last week, in our 48-Hour Income service, we sold a cash-secured put on software company, Palantir (PLTR). In 48-Hour Income, the goal of the service is to generate 1% to 3% returns per week by selling 2-day puts in certain stocks. PLTR had earnings coming up the next morning and its put option premiums appeared […]
