Market Commentary & Analysis
10:13:56 PM EDT | 12/20/2014
| The Dow declined -924 points in 7 days only to rebound +740 points in 3 days. That was a major bounce for the Jekyll & Hyde market. After trading at 1,972 at Tuesday's close the S&P rallied +106 points to trade in new high territory near 2,078 before fading slightly at the close. Nobody was thinking about new highs at the close on Tuesday.
New Option Plays
10:21:36 PM EDT | 12/20/2014
E-Commerce & Technology
| Tonight we are adding a mix of candidates. We have both a bullish and a bearish trade as we near the end of 2014.
In Play Updates and Reviews
10:19:54 PM EDT | 12/20/2014
The Fed Rally Continues
| The post-FOMC meeting rally in U.S. stocks continued on Friday. The S&P 500 challenged its all-time.
11:49:34 PM EDT | 12/20/2014
'V' for Victory and V for "V-Bottom"
| During the strong 2009-2014 advance, Index price swings relative to a 'centered' 21-day moving average (the mean) have been fairly consistent; e.g., at values of 3-4% above/below the average. The classic bottom pattern in bull markets is the recognizable "V" bottom.
11:41:57 PM EDT | 12/20/2014
The Internet of Things Will Be Big
| You've probably heard about the Internet of Things (IoT) and it is going to be huge.
In Play Updates and Reviews
10:50:36 PM EDT | 12/20/2014
The Rebound Continues
| The stock market's rebound continued on Friday with the major indices posting their third day of gains.
Couch Potato Trader Updates
08:38:59 AM EDT | 12/21/2014
| Fed induced rally sends the bears into hibernation.
07:49:55 AM EDT | 12/21/2014
It's Going to Happen
| Sometime or another, you're going to make a mistake when placing an order.
11:10:57 PM EDT | 12/18/2014
Classic 'bottoming' Action Using 'classical' Technical Analysis
| There were a number of elements that came together to suggest that a bottom was put in around recent lows had you just been using technical analysis tools. Using good analysis of lower gas costs versus oil stocks declining, money saved wins.
Ultimate Investor Plays and Updates
09:04:09 PM EDT | 12/15/2014
All Bets Are Off
| Betting on the historical trend for December to be bullish was a losing bet this year. Betting on the historical trend for the quadruple witching option expiration week to also be bullish is starting out a loser as well. China and Europe have turned into the grinches that stole Christmas or at least the December rally. After today's high anxiety market action all bullish bets should be off.
Option Writers Newsletter
09:26:55 PM EDT | 12/18/2014
Major Short Squeeze!
| The market had its two best back to back days in six years but it was not investors buying stocks ahead of year-end. This was a major short squeeze from a very oversold market at Tuesday's close.
Leaps Trader Commentary
11:17:04 PM EDT | 12/21/2014
Twas The Fed Meeting Before Christmas
| Twas the Fed meeting before Christmas, when all through the market...
11:02:52 PM EDT | 12/21/2014
Full Of Holiday Cheer
| The U.S. market is full of holiday cheer after the Federal Reserve spiked the punch bowl.
11:10:03 PM EDT | 12/21/2014
Happy To Avoid Earnings Volatility
| Closing our FDX trade before the company reported earnings was a smart move.
11:12:20 PM EDT | 12/21/2014
| The U.S. stock market rallied on the dovish FOMC statement. The big cap indices produced their best two-day and three-day performance in years.
11:13:07 PM EDT | 12/21/2014
Old Tech, Social Media, and Entertainment
| Last week we had one candidate graduate to the active play list. Tonight we are adding three new candidates.