What was good yesterday turned sour today. The browny (shit) show continues. This time send your thanks to Credit Suisse… The VIX futures term is turning negative, which means more and more investors are hedging for more selloffs. The markets sold off hard today. It was down over 1.5% the entire day, and it Continue reading →
Making 45% Annually Trading Options Against Dividend Growth Stocks
03.14.2023 – TUESDAY MARKET OUTLOOK
All is good… Inflation went down well, sort of. It went up but at the slowest pace since January 2021… The government bailed out the crumbling banks… People got pissed off that the irresponsible managers got away with it again… The FED may actually start cutting the rates now… And the pastures are green Continue reading →
03.13.2023 – MONDAY MARKET OUTLOOK
Wow, what a week. The FED was playing with fire and broke the toy. Something economists like Warton professor Jeremy Siegel have been warning about since half of 2022, saying that the FED is wrong and tightening too much looking at the wrong data, which will backfire. Fast forward, and the banking system, the Continue reading →
The FED may have a problem… and all of us too
Last week we saw the first cracks in the economy. Two US banks are in trouble. Silvergate and Silicon Valley Banks experienced a bank run. Silver Gate may shut down completely, and SVB is not yet determined. We had a bunch of “experts” coming out telling us what happened. Many are in a panic mode Continue reading →
03.06.2023 – MONDAY MARKET OUTLOOK
The market started Monday’s session in a strong mode and rallied. Unfortunately, before the end of the day, it lost all gains and finished flat. The entire three-day rally was not sparked by any news or any changes to underlying fundamentals. If the underlying fundamentals were bad as bears are telling us, Continue reading →
03.02.2023 – THURSDAY MARKET OUTLOOK
The futures were dropping, the markets opened lower and continued sliding down on fear (and stupidity), but then at around noon, one unimportant FED member proclaimed that he was in favor of a 0.25 rate increase rather than 0.50 and the markets rallied. Completely worthless news and the markets go crazy about it. This Continue reading →
03.01.2023 – WEDNESDAY MARKET OUTLOOK
As expected, the markets ended down today. The manufacturing data came in showing the economy is cooling off and slowing. Investors cannot make their minds up. At first, they were cheering the bad data but then some unimportant FED members started blabbing about higher rates and the market participants pooped their pants. Despite all Continue reading →
02.28.2023 – TUESDAY MARKET OUTLOOK
Another zig-zag day and selling based on no news. Only fear of FED. But that is a known issue and worrying about a known issue is usually wrong. Bearishness again increased to January 2023 lows (after which the market rallied 10%), so the odds are we will be seeing a bounce. Of course, nothing Continue reading →
Technical view: T-Mobile US, Inc. (TMUS)
TMUS is in stage #3. The stock struggles to break above its all-time high at 155 a share. It bounced off of it and falls lower. The trend is still intact but already vulnerable. On the weekly chart, we are seeing a V-shape recovery from 2022 lows, but it may also turn into a Continue reading →
Stocks additions to the watchlist (JXN, CVS)
Our strategy is to be accumulating assets and then monetize those positions by selling options around them. We are constantly looking for good quality stocks that pay dividends (but also growth stocks), have decent dividends that are safe and growing, and can be optionable. And that is why we are adding two new stocks to Continue reading →
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