Trade of the Week: BAC

Trade of the Week: BAC

On a day when the markets were down, banking stocks like Bank of America (BAC) generally had positive performances. BAC traded almost 2.5x the usual number of options with about two-thirds of the action in calls. This is generally a bullish sign for the stock (which was up 2% at the time). One very large […]

Heeding the Warning Signs of Inflation

Heeding the Warning Signs of Inflation

It was a picture-perfect afternoon in Fort Myers, Florida. Jo, Holly, my son Drew, a couple of his college baseball teammates and I decided to take our brand-new boat for a spin in the Gulf. I passed my Coast Guard course and was full of confidence. We barreled toward the markers at the entrance of […]

IGT Stock Price Poised for a Breakout

IGT Stock Price Poised for a Breakout

Gambling stocks struggled in 2020 as companies with large physical casinos experienced dramatic declines in revenue and earnings due to the coronavirus pandemic. However, the sector has shown strength throughout 2021 so far, as a number of positive developments are coming into play. While the advancements in coronavirus vaccine development have been a welcome relief […]