Original Link | StreetAuthority Can the stock market go any higher? This is the number-one question I’ve been hearing from investors recently. The Dow Jones Industrial Average, considered by many to be the most important market barometer, is higher by roughly 20% over the last year. An all-time high of 22,179 posted just a few … Read more
Original Link | StreetAuthority The year: 1993. The Cold War is over. Just a few short years after President Reagan cried at the Brandenburg Gate, “Mr. Gorbachev, tear down this wall!” a new era had dawned in the world order. After fighting proxy wars around the globe and decades of saber-rattling, the United States and … Read more
Original Link | StreetAuthority The market has been intensely concentrated all year on the Federal Reserve’s plan to increase interest rates. That focus has weighed on rate-sensitive sectors and threatened to drive investors back into bonds for income. We are quickly approaching the September 19 meeting of the Federal Open Market Committee (FOMC), one of … Read more
Original Link | StreetAuthority It’s a common tale in the commodities world. Every time it happens, investors who position themselves on the right side of the trend walk away with rich triple-digit gains, sometimes even more. And the plot unfolding around a certain base metal is playing out perfectly according to the script. It always … Read more
Trade Alert – (AAPL) TAKE PROFITS SELL the Apple (AAPL) S eptember, 2017 $140-$145 in-the-money vertical BULL CALL spread at $4.99 or best Closing Trade- NOT FOR NEW SUBSCRIBERS 8-30-2017 expiration date: S eptember 15, 2017 Portfolio weighting: 10% Number of Contracts = 22 contracts Apple has been on an absolute tear for the past week, and … Read more
Trade Alert – (ABX)- TAKE PROFITS SELL the Barrick Gold (ABX) September, 2017 $15-$16 in-the-money vertical BULL CALL spread at $0.99 or best Closing Trade- NOT FOR NEW SUBSCRIBERS 8-29-2017 expiration date: September 15, 2017 Portfolio weighting: 10% Number of Contracts = 125 contracts There is panic buying this morning of gold, silver, the miners shares, … Read more
Trade Alert – (AAPL) – TAKE PROFITS SELL the Apple (AAPL) July, 2017 $135-$138 in-the-money vertical bull call spread at $2.98 or best Closing Trade 7-14-2017 expiration date: July 21, 2017 Portfolio weighting: 10% Number of Contracts = 38 contracts Many of you thought I was crazy to buy Apple (AAPL) three weeks ago. Investors were bailing … Read more
When my algorithm driven Market Timing Index is at 50, the chances of losing money on new positions is the greatest, be they long or short.It is greatest for short positions when the index ticks 80, as it did in February, and for longs when it plumbs the depths of 25, like we saw in … Read more
Theoretically, this is supposed to be impossible. It can only end in tears. When both stocks (SPY) and bonds (TLT) go up at the same time, it usually signals that a medium or long-term top in markets is coming. This can’t go on forever. One or the other of the twin bull markets has to … Read more
There’s nothing like trading a constitutional crisis. It’s been a while since I’ve done that. But you know what? So far, so good. Of course, suddenly, everyone has become a Watergate scholar. But few were trading the markets 45 years ago, as I was when the political scandal of the century first broke. And this is what the many … Read more