Thursday, August 22, 2019
Investors have finally cracked under the pressure of the trade war with China. Stocks, which were at all-time highs just two weeks ago, are now 6% off those highs as of this writing. Although the S&P 500 is still up 13% year-to-date, Monday’s 3% drop set the alert level to red. Meanwhile, safe-haven investments like […]
A large covered call traders purchased over 8,000 covered calls in Zynga (ZNGA). The video game company is up 60% year-to-date and has earnings coming up. The covered call uses options that don’t expire until January 2021, but still allows the stock to appreciate over 50% before the gains are capped. More importantly, the short […]
With all the talk recently about the US (and global) economy possibly headed towards a recession, investors are paying very close attention to economic indicators. It’s not just the most popular factors, like interest rates and jobs. It’s also variables like CPI and oil prices. Of course, you can’t forget about copper. Copper has long […]
Gold is back in the good graces of investors as lower interest rates threaten to devalue the US dollar. Precious metals tend to be in demand as the dollar goes down, and 2019 has been no exception to this rule of thumb. But recently, the price of gold has really taken off. For the month […]
Quick, without looking it up on Google, what’s the world’s largest public company? Did you guess Apple (AAPL) or Amazon (AMZN)? At times recently, you may have been correct. However, the crown for the largest company is currently in the hands of Microsoft (MSFT). Not only is MSFT the biggest company, it’s also the only […]
There are primarily two companies known for producing the majority of computer graphics cards (GPUs). Most investors are familiar with NVIDIA (NVDA), which tends to be a high-flying, headline grabbing stock. However, Advanced Micro Devices (AMD) is also a huge player in the industry – but can often fly under the investment community’s radar. Lately […]
There is no stock that is more divisive to investors than Tesla (TSLA). The electric car producer (and solar power company) seems to have an equal split of investors who love it and hate it. Some of the love/hate relationship is due to the company’s eclectic CEO Elon Musk, while some is due to the […]
The escalation of the trade war between the United States and China is having far reaching effects on the financial markets. Tensions between the world’s two biggest economies is causing an increase of market volatility and a shift of assets into safe-haven investments like bonds and gold. The actual trade of goods between China and […]
The trade war with China is having far-reaching effects on the market. The impact is being felt across most industries and business types despite trade with China only accounting for a relatively small portion of GDP. It just goes to show how tied into the global economy most US companies are these days. It’s also […]
Greetings from the Las Vegas MoneyShow! This event is always one of my favorites to speak at every year. It’s a great place to meet with other options traders or traders who are looking to learn how to start using options. This year I’m presenting primarily about overwriting (selling options in conjunction with owning stocks) […]
