Curling, Anyone?
Hi Shoppers, Watching the Winter Olympics recently, I found myself wondering … what is curling,exactly? (Don’t worry, I have a trade today. More on that in just a moment.) What are they doing with those brooms? Making it go faster? Guiding it? And what is that big disc anyway? Where did this game get started? […]
Roller Coaster of a Day
Hi Shoppers, Wow! Can you say roller coaster? Or double reversal? That’s what the SPDR S&P 500 (TIcker: SPY) did yesterday. Here is the five minute chart for the day: SPY opened down $6 on the ugly CPI numbers that came out telling us inflation is at a 400year high of 7.5%. Chicken wings are […]
I Was Right!
Hi Shoppers, First of all, I need to tell you something … I was right! Yes, I know it’s kind of bragging … But when you put yourself out there, as I did on my Bitcoin and Coinbase call on Sunday, and are correct … Well, it simply needs to be pointed out! You see, […]
BTC Out of Its Funk?
Hi Shopper, Is Bitcoin breaking out of its funk? Looks to me like it could be. Check out the BTCUSD chart: Bitcoin has been in a downtrend since its all-time high of $69,000 on Nov. 10, 2021. Friday saw a huge move up creating a very bullish candle that has decisively broken out of that […]
BTC Out of Its Funk?
Hi Shopper, Is Bitcoin breaking out of its funk? Looks to me like it could be. Check out the BTCUSD chart: Bitcoin has been in a downtrend since its all-time high of $69,000 on Nov. 10, 2021. Friday saw a huge move up creating a very bullish candle that has decisively broken out of that […]
Let It Snow … Please No
How many calories can you burn shoveling snow? That’s all I could think of while I was dying. We received around 7 to 8 inches here, but it felt like it could have been a foot deep. It may not look like much but I had to do that whole driveway. It took me just […]
Which Way Do We Go?
Hi Shoppers, The market is sitting right at the old support of $450 on the SPDR S&P 500 (Ticker: SPY), which becomes resistance on the way back up. We definitely needed a day like yesterday. A breather from these wild gyrations. The market doesn’t like huge moves like we’ve been experiencing. It shows uncertainty which […]
See It: Two Ways to Profit
Hi Shoppers, Not much makes me happier than when the Option Pit team can help you profit off a single idea – in multiple ways. And that’s exactly what’s happening right now. I’ll explain … You see, each team member has their own style and strategy for finding profitable options trades. And it really underscores […]
Family Milestones
Hi Shoppers, As parents we always remember the major milestones in our children’s lives. Those “first time” moments. Here at our house, we just had one. My son is a senior, he is eighteen years old. I wanted to meet my husband in Dallas for a long weekend. My son did not want to join […]
Fed Up? Today is the Day!
Hi Shoppers, It’s happening today! That’s right. Bill Griffo, our Federal Reserve expert, will be walking us through all the “Fedspeak” at 3 p.m. EST. He is our official translator. Griff will have the breakdown of everything Jerome Powell has to say and what it means to the market. He will tell us the major […]