I have two news for you, one bad and one good. The selloff is going to continue on Monday as futures are already down another 2.5% as of now; yes it may change by the end of the night and we may open higher and see a V shape recovery, but as of now, it Continue reading →
Making 45% Annually Trading Options Against Dividend Growth Stocks
A Stunned Wall Street Reacts To China’s Currency Devaluation
Tyler Durden: There is much stunned confusion among Wall Street’s “best and brightest” following China’s historic Yuan devaluation overnight which was predicted by exactly zero of said best and brightest, just like nobody expected the SNB to give up its own peg to the EUR in January. The problem as the WSJ puts Continue reading →
Stock Splits: How You Can Benefit As An Investor
With awe, I’ve watched stocks soar to highs that were once deemed impossible by some market players. Companies whose share prices are well over $500 are those that may be considered ripe to split their stocks. Stock splits can be advantageous to investors, as well as to companies. In this piece, I will discuss these Continue reading →
Forget Greece. The Sky Is Falling In China
Greece’s three-week bank shutdown cost businesses over 3 billion euros according to the Athens Chamber of Commerce and Industry. Despite such astonishing news from Greece, this week national news outlets focused their resources into forecasting that the sky is falling in China. In the famous children’s story of Henny Penny, the chicken who believes the Continue reading →
Greek finance minister resigns – futures rally
A Greek finance minister Yanis Varoufakis announced that he resigns due to “certain preferences” among some Eurogroup participants. In other words, those participants couldn’t stand him anymore. And $SPX futures responded to the news with a rally (which of course will be a short lived, most likely): I only have a few words for this: Continue reading →
Greeks vote NO and send futures to abyss
Here we go again. Now I can say I thought Greeks would reject the Euro-offer, but before that I didn’t dare to say it. What if they chose the opposite, right? I must say that this vote contains so much stupidity in it that it stunned me a lot. If we take off all the Continue reading →
Should you short SPX on Monday upon a GREXIT?
I wouldn’t be so fast jumping the gun and short this market. Futures reacted very negatively on the Greek referendum announced by an irresponsible socialist government. Not only Greeks cannot afford the referendum, the whole EU cannot afford losses from Greeks. Although Greece is posting a nice drama (or tragic comedy actually) I believe all Continue reading →
Yellen Almost Admits Fed Not Ready to Raise Rates
Peter Schiff’s report on Yellen’s talk about interest rates. Interesting video basically explaining why FED will not increase the rates and that all the talk is just a pretend of rates hike to make it look like FED wants to do it. If the recovery was really so good to justify the rates hike, Continue reading →
Are the markets turning?
A few years ago, when I was training trading options, the trader from whom I was learning pointed out that the markets were turning down. Slowly reversing. And I remember I made quite nice money under his leadership. The chart looked like this: It was 2011 and the market corrected 16% those days (from July Continue reading →
Recent Comments