The Biggest Bank Heist in History …
Hey There Income Hunters, People like you and me — the rare breed known as Income Hunters — have a deep need to see that numbers add up. We’re responsible people, after all! That craving for common sense makes it really difficult to wrap our heads around the Fed printing $5.5 trillion dollars out thin […]
Yellen Says Rude Things About Bitcoin
You knew it was going to happen sooner or later … You knew Bitcoin (Ticker: BTC-USD) was going to face regulatory headwinds. Well, the breeze just picked up. President Biden’s Treasury nominee Janet Yellen said cryptocurrencies are a “concern” in terrorist financing… And on Thursday, Bitcoin was down 13% to $30,492, it’s largest drop since […]
Presidents Should Affect Your Stock Picks, NOT your Exposure
Whether or not you liked Donald Trump, we can say for certain … He was good for traders and investors. The Dow set 126 new record highs in Trump’s term — which was slightly more than Obama, in half the time — and returned 56%. The S&P 500, meanwhile, was up 68% from Trump’s inauguration […]
This Index Crushed It
Traders fail to recognize how NOT diversified the NDX (QQQ) and the SPX (SPY) are. The top 6 stocks in the NDX make up about 45% of the index. The SAME 6 stocks make up about 23% of the SPX. SO, if you own the SPX and NDX, you are ‘Texas Hedging’ On the floor […]
What!! How Did the Market Go Up??
Politics seem to be everywhere right now. The Capitol Building was stormed…. Democrats have swept both houses of congress…. President Trump has been banned from Twitter….. The S&P 500 rallied just under 2% this week. How is that possible with everything going on in Washington DC. The answer is simple: Only certain kinds of politics […]
The Option Pit VIX Traffic Light Goes Red
The VIX traffic light was dead on when it switched from Red to Yellow. “But Mark, the VIX went up, and then down, and is back where it started…how is this dead on?” You might ask. Remember, a yellow light does NOT mean that the VIX is going higher. A yellow light means the VIX…
Realized Vol Primer Review
Surge in XLE Means A lot to the Future of Oil
Oil has been in a bear market for almost 3 years. Oil being down has KILLED the entire energy complex. XOM, CVX…you name the oil company… …it has had a BAD few years. Tuesday’s oil surge saw stocks in XLE, the Energy Sector ETF, take off. XOM up 5% CVX up 3% RIG up 13% […]
Mark’s Best Idea for 2021
Trader’s, I have about 15 good ideas for longer term trades in 2021. But, I want to share with you what is probably my favorite pick for 2021. Using my BETS system Background: We are about to start distributing the Covid-19 Vaccine in what is going to be the largest inoculation campaign in US history. […]
Why You Should Care About This $626,000 QQQ Trade That Hit Yesterday
The QQQ has out performed the SPY by a wide margin. Year to date, the QQQ ‘s return is about +47%. The SPY year to date total return is about +15% (total return is actually closer to 17%). But the spread ebbs and flows. With the QQQ’s return expanding and contracting over the SPY as […]