Market Commentary & Analysis
11:45:22 PM EDT | 03/28/2015
No Material Bounce. Should We Worry?
| The Dow narrowly avoided five consecutive days of losses that would have been the longest losing streak since March of last year. Friday's +34 point gain was a struggle and were it not for a +26 point spike in the last 20 minutes of trading it would have been a lot closer to negative territory. The spike was due to a +6% gain in Intel at 3:45 which added +13 Dow points and stimulated some late day short covering.
New Option Plays
02:59:47 PM EDT | 03/28/2015
Buying The Dip In Healthcare
| Healthcare stocks were not immune to the market's recent sell-off. However, they did fare better than the broader market. Traders have jumped in to buy the dip in tonight's new candidate.
In Play Updates and Reviews
02:58:09 PM EDT | 03/28/2015
Stocks Bounce Into The Weekend
| After a rough week for equities the U.S. market bounced on Friday. All the major indices closed in positive territory. Bonds rallied too while commodities posted declines.
11:26:19 PM EDT | 03/28/2015
S&P and Nasdaq Potential Double Bottoms; RUT Rebounds First
| I thought the prior lows formed tradable bottoms. Potential double bottoms in the same area again set up in the S&P, Dow and Nasdaq, with RUT performing even more bullishly.
04:17:06 PM EDT | 03/28/2015
Small Cap Technology
| Tonight's new candidate is in the technology sector. It's also a small cap stock. After a very painful drop in 2014 it looks like shares have finally found a bottom.
In Play Updates and Reviews
03:48:13 PM EDT | 03/28/2015
Stocks Snap Four-Day Losing Streak
| The S&P 500 index ended a four-day losing streak with a minor bounce on Friday. All of the major U.S. indices managed a gain. Semiconductors, airlines, and biotech stocks delivered some of the biggest rebounds.
Couch Potato Trader Updates
08:15:11 AM EDT | 03/28/2015
Weekend Update! Open Position Status
| Friday's close broke the four day losing streak for major indices, but the broad market still incurred the steepest weekly loss since the end of January.
02:52:09 PM EDT | 03/27/2015
The Least You Need to Know
| What's the least you need to know when you look at a chart and decide there's an options trade you want to try on that underlying?
Ultimate Investor Plays and Updates
06:53:11 PM EDT | 03/26/2015
Time to Reload?
| The Dow has declined more than -600 points since Monday's high at 18,205. The dip to 17,579 this morning was a two month low. We lost a couple positions on the way down and I am recommending we reload one position and add a couple others.
Option Writers Newsletter
10:46:26 PM EDT | 03/23/2015
No Back to Back Gains
| Despite gaining nearly 400 points last week the Dow has been unable to post two consecutive days of gains since February. What does that say about market strength? Monday saw decent gains evaporate at the close and all the indexes to end in negative territory.
Leaps Trader Commentary
11:43:12 PM EDT | 03/22/2015
Stocks Applaud The Fed's Patience
| The Federal Reserve may have removed the word "patient" from their statement. Fortunately the Fed all but promised they are in no rush to raise rates. This fueled widespread gains across the major indices.
11:43:04 PM EDT | 03/22/2015
European Stocks Are Rising
| The European Central Bank (ECB) launched its QE program this month. Investors know what QE did for the U.S. market (drove stocks higher) and they're expecting a similar trend for European markets.
11:43:10 PM EDT | 03/22/2015
Big Healthcare Stocks Are Soaring
| We have seen significant success with our bullish healthcare trades. A number of our candidates hit new highs last week. We are updating several stop losses and exit strategies tonight.
11:43:07 PM EDT | 03/22/2015
| We want to lock in potential gains on some of our high-flying healthcare stocks. Many of these have soared to all-time highs and are starting to look very overbought.
11:43:01 PM EDT | 03/22/2015
Drug Stores, Social Networks, & Credit Cards
| We are shaking up the watch list tonight. We've pruned some candidates that were not cooperating and added three new ones.