J-Pow is the Fed-boy who cried wolf…
Hey There Income Hunters, It’s awesome to turn the page on April showers and enter into the transitory period of May flowers. However, before we get to the there, we have a bit of a storm to deal with next week as investors must absorb an all time record in the quarterly 3-year, 10-year and […]
Did Ford Screw Us?
Yo Pit Crazies, You don’t think Ford Motor Corp. (Ticker F) screwed us? I think they did! Their earnings report pushed a big warning on chip supply … and they can’t make cars without chips. I don’t mean potato chips (a shortage there is my fault) … I mean semiconductor […]
How to Pick the Right Strike (in Less Than 5 Minutes)
Stay in May and Give It a Weigh
Hey Traders, Once again, I hope you had a profitable week and didn’t get sucked into paying up for a busted earnings trade. Now, I don’t know about you, but I can’t believe it’s already May! I’ll be coming to you soon with some of my favorite stocks and sectors for this month, but in […]
Something Weird Is Going On
Yo Pit Crazies I am not quite sure what happened today. Most of the news was good. But… The VIX was up and S&P 500 (Ticker: SPX) was up. Facebook Inc (Ticker: FB) was up huge. Oil and banks? Also up. You know what I think is going on? […]
Fat Cats Expect This Airline Stock to Fly Higher
Hey Traders, I hope your trading week is going well so far, and that if you’re playing earnings roulette, you’re not paying those hefty premium taxes … As many of you already know, part of my Robinhood Trader strategy is spying on the institutional money — the market-maker cash that can move stocks […]
A Quickie on the VXX Split
Hey Traders, As most of you know, I’m a volatility geek. I was in the room when the Cboe Volatility Index (Ticker: VIX) was but a concept, so I like to think of myself as a “helicopter parent” of sorts, keeping close tabs on — and often making money on — Wall Street’s […]
Option Pit Mentoring Day Pt. II – Andrew Presentation
My 2 Cents on COIN
Hey Traders, Bitcoin! Dogecoin! NFTs! If your trading feed isn’t cluttered with cryptocurrency buzzwords, I’ll assume you’ve gone off the grid and/or made enough money in the markets to travel the Galapagos (congrats!). Even traders who aren’t obsessed with crypto can’t seem to get away from the hype — it’s everywhere. Heck, even Fed Chair […]
When Buying Options IS a Buzzkill
Hey Traders, The pot sector has been in focus this week, thanks to the “4/20 holiday” celebrated by weed smokers (*cough* or so I’m told *cough*). In addition, the House of Representatives on Monday voted to approve the Secure and Fair Enforcement (SAFE) Banking Act, which essentially protects banks that do business with state-legal cannabis […]