(Justin Vaughn, Editor, Options Trading Report) As the week ended, the S&P 500 was off and running, running ‘like a bull.’ After a record bear market, all signs are looking ‘bull-positive.’ All eyes are on the ‘hallowed’ S&P 500 as the index is at its highest mark since August of 2022, and…now entering into ‘bull’ territory. “I do believe the worst is behind us,” said Brian Belski, chief investment strategist of BMO Capital Markets. (He … Read more…
(Justin Vaughn, Editor, Options Trading Report) Labor continues to stymie recession fears, as 335,000 new jobs blew away market estimates in May, as announced by the Labor Department Friday. Indexes were all up significantly, with the Dow Jones Industrial Average exploding for 700 points, the largest gain in 2023. Both the Nasdaq Composite and the S&P 500 followed suit, up 1.1% and 1.5% respectively, by Friday’s close. Investors and traders relished in the good news, … Read more…
(Justin Vaughn, Editor, Options Trading Report) After days of anxiety and frustrations over the debt-ceiling crisis, investors and traders took on a more optimistic outlook as the market closed on Friday. And the indices all were positive. The Dow Jones Industrial Average jumped 300 points while the S&P 500 and the technology minded Nasdaq Composite were up 1.3% and 2.2% respectively. The general consensus on the ‘Street’ was that progress was being made with an … Read more…
(Justin Vaughn, Editor, Options Trading Report) All indices slid back on Friday, with the Dow Jones Industrial Average falling 100 points, while the tech heavy Nasdaq Composite and S&P 500 suffered minor losses of 0.24% and 0.19% respectively. Speaker of the House Kevin McCarthy chose House Representative Garret Graves to be his ‘point man’ and fresh face, in discussions with President Biden on the debt-ceiling crisis. Investors and traders were disheartened Friday as the Republicans … Read more…
(Justin Vaughn, Editor, Options Trading Report) With Friday’s release of The University of Michigan Sentiment Survey’s scathing numbers, the outlook paints a bleak spending scenario, short and long term for consumers. The Index dropped to 57.7, down 5.8 points, exceeding economists predictions by 2.1 points. Consumers are ‘battle-weary’ after months of ‘bad news’…and now the debt-ceiling crisis. As Speaker McCarthy and President Biden square off, with little optimism, the U.S. consumer is laden down with … Read more…
Options trading offers a plethora of opportunities for investors seeking to leverage their capital and generate potentially significant returns. However, navigating the complex world of options requires a systematic approach, starting with a robust screening process. In this comprehensive article, we will delve into the intricacies of screening for options trades, equipping you with the knowledge and tools necessary to identify high-potential opportunities and make informed trading decisions. Define Your Options Trading Strategy: Before diving … Read more…
The looming threat of a US debt default has sent shockwaves through global financial markets, igniting concerns about the catastrophic consequences that would ripple across economies worldwide. As the countdown to a potential default begins, investors find themselves standing at a crossroads. However, amidst the chaos and uncertainty, a silver lining emerges for astute investors who recognize the unique opportunity to uncover undervalued stocks in the market. In this comprehensive article, we will delve into … Read more…
(Justin Vaughn, Editor, Options Trading Report) An uneasy market Monday and Tuesday didn’t get better after the release of the Consumer Price Index numbers on Wednesday. The Dow Jones Industrial Average even skidded a bit with the tech-heavy Nasdaq Composite and S&P 500 edging up 1% and 0.45% respectively. Increases in consumer goods were the weakest in over two years. The CPI was up 0.4% in April, a good sign that the economy is finally … Read more…
Welcome, intrepid traders and financial adventurers, to the whimsical world of options trading! Strap on your thinking caps and prepare for a wild ride as we delve into the various types of options trades. But beware, dear reader, for in this land of wit and risk, fortunes can be made or lost in the blink of an eye. So, let’s embark on this journey with a healthy dose of humor and a touch of caution. … Read more…
(Justin Vaughn, Editor, Options Trading Report) The market was ‘frenzied’ Tuesday as investors and traders were besieged with many lasting concerns. The lingering First Republic Bank, SVB, and Signature failures, and unending inflation issues are pressing the market, that the worst is not over. Regional bank concerts are mounting. JPMorgan Chase’s Jamie Dimon (the biggest U.S. bank), ‘closed the book’ on First Republic Bank, winning the bid to absorb it completely, besting PNC (6th largest). … Read more…