Stock Market Update for Wednesday, May 23rd, 2018

This morning things looked pretty ugly. With lingering concerns over the trade situation with the U.S. & China, the major indices dropped overnight and kicked off the session with losses. But everything changed after today’s Fed Minutes. The minutes from the May FOMC meeting showed that the Fed is looking to raise rates in June. But higher … Read more

Higher SPX, NDX, and RUT

FREE: Discover the High Probability Setup Behind John Carter’s $1.4 Million TSLA Options Trade The overall market is heading higher. Mentions include the indexes SPX, NDX and RUT, and JPM, IYT, PANW, CSCO, AAPL and AMZN. Bruce Marshall Bruce began his career working for a Wall Street firm on a bond desk after the Crash … Read more

Why Large Investors Aren’t Scared by the Bitcoin Price Drop

Avi Salzman, a senior editor for Barron’s magazine, released a report this week featuring big money investors and executives from the rapidly growing cryptocurrency sector who generally believe, despite the recent bitcoin price drop, cryptocurrency will inevitably replace fiat. Inevitable Outcome Over the past five months, the valuation of the cryptocurrency market has dropped by … Read more

Stock Market Update for Tuesday, May 22nd, 2018

U.S.-China trade relations were the focus again today. China announced that it will cut import tariffs on U.S. autos and some auto parts on July 1st. But there are some concerns over the deal with Chinese telecom company ZTE. President Trump also addressed the upcoming meeting with North Korean leader Kim Jong Un, saying that the meeting … Read more

Do Options Traders Know Something About Chesapeake (CHK) Stock We Don’t?

Investors in Chesapeake Energy Corporation CHK need to pay close attention to the stock based on moves in the options market lately. That is because the May 25, 2018 $3.50 Put had some of the highest implied volatility of all equity options today. — TRENDING NOW— $330,000 per year trading part-time? Check Out This Video … Read more