Tuesday, May 6, 2025
Investors may want to keep an eye on casino stocks, like MGM Resorts International (MGM). After dropping from a high of about $51 to about $38, it appears the MGM stock has bottomed out. Not only is the MGM stock holding triple bottom support dating back to July, it’s incredibly oversold on relative strength (RSI), […]
Dear Reader, The recent stock market volatility reminds me again of the power of reinvesting the income from your dividend investment strategy. Once you understand the compounding power of dividend reinvestment, you realize that it’s very good for your long-term wealth when the stock market goes through a period of decline. It’s something my Dividend […]
Dear Reader, A recent Wall Street Journal article, “The Rules of Retirement Spending Are Changing,” did not bring good news. Instead, the article clearly reveals that traditional financial planning rules for retirement will not work for those who have diligently saved to fund a comfortable life after decades of work. I want to propose a […]
Market volatility is back and it has resulted in quite a bit of options action. One options chain that has been very active lately is Twitter (TWTR). The popular microblogging site has seen its stock drop substantially since the latest earnings release. Just this week, current CEO Jack Dorsey announced he is stepping down to […]
Black Friday was a day for the algorithms. Bad news on the Covid front sent a shock wave through the system while many traders were at the dinner table or shopping mall and NOT at their trading desk. Oil was down 13%… that’s a nasty day. Does that mean energy is set to drop? What […]
Dear Reader, Recent earnings coming out of the retail sector show how important management decisions have become in this era of supply chain challenges and high inflation. Stocks have stopped moving in tandem with their peers. Those who can pick the best companies, with the best management teams, as their investments will significantly outperform the […]
Retails stocks have seen a lot of options action lately including Starbucks (SBUX). The coffee giant normally trades about 55,000 options a day, but saw nearly double that on a day last week when the stock was up about 2%. Over 80% of the action was in calls, which tends to be a bullish sign. […]
Dear Reader, “It’s different this time” might be the four of the most dangerous words in investing. Market crashes occur when investors believe that traditional valuation metrics no longer apply. Another way to put it is that grossly overvalued investments eventually come back to earth, often violently. Yet, I am going to go out on […]
We’ve seen a pullback in utilities, natural gas, coal and others. I see there’s a play here for you. Let me show you in my weekly free video. There’s ONE ticker I’m looking at in the coal sector which could make a move. Coal is an ancient way to produce energy… but the supply crunches […]
Wall Street has been very excited lately about an old darling, Netflix (NFLX), thanks to its very successful series, Squid Game. Approximately 142 million member-households watched the show in just the first four weeks of its release. That news drove the stock to an all-time high at just above $700 a share, rising about 23% […]
