We Finally Got the “V” Recovery

Well, we have to hand it to Congress … They are good at writing stimulus checks. In less than 6 months, personal income has returned to pre-Covid levels.  Take a look … That’s great news for stocks, since a top choice for most households who receive checks is to invest in the stock market. ……

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Get Ready to Jump on This Breakout Trade

Hey There Income Hunters, Here’s a secret … I use triangles to identify sideways consolidation patterns that may be close to completion and ready to breakout. What does that mean? Basically, trading chart triangles are an indicator that give me an edge.  Why? Because they often point to a breakout continuation of a stock’s recent…

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A Wave of Cash is Coming

Hey There Income Hunters, On Friday, President-Elect Biden said Congress must act quickly on a new stimulus beyond last month’s $908 billion package.  It would tap into the $4 trillion in total economic assistance Congress has already devoted to battle the devastating pandemic. So the gift of giving continues. And just look what it meant for the year-on-year numbers…

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Another Blue Wave Special

Hey There Income Hunters,  A day after posting Medical Properties Trust (MPW) as a Blue Wave Special … They were up 3%. Gnarly. Today, I have another one that will kill it in 2021 as a Tsunami of cash fuels Crude to $65 by year-end …  There are multiple forces at work that will drive crude prices…

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What!! How Did the Market Go Up??

Politics seem to be everywhere right now. The Capitol Building was stormed…. Democrats have swept both houses of congress…. President Trump has been banned from Twitter….. The S&P 500 rallied just under 2% this week. How is that possible with everything going on in Washington DC. The answer is simple: Only certain kinds of politics…

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The Option Pit VIX Traffic Light Goes Red

The VIX traffic light was dead on when it switched from Red to Yellow. “But Mark,  the VIX went up, and then down,  and is back where it started…how is this dead on?” You might ask. Remember,  a yellow light does NOT mean that the VIX is going higher. A yellow light means the VIX…

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Ride the Blue Wave with this Hospital REIT

Hey There Income Hunters, The Democrats actually did it.  They swept the Georgia Senate runoffs (as I predicted) … And they’re already talking about the next stimulus package. In fact, it was part of the closing pitch that put them over the top. So it’s time to scoop up stocks that will ride the Blue…

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Dropping to March Lows?

Hey There Income Hunters, I was shocked to see the Fed pull back from their cautious stance on the economy in the minutes of the FOMC December meeting.  I expected an announcement regarding an increase in bond purchases (QE) or even a move to cap long-term rates through a formal control of the yield curve.…

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Surge in XLE Means A lot to the Future of Oil

Oil has been in a bear market for almost 3 years. Oil being down has KILLED the entire energy complex. XOM,  CVX…you name the oil company… …it has had a BAD few years. Tuesday’s oil surge saw stocks in XLE, the Energy Sector ETF,  take off. XOM up 5% CVX up 3% RIG up 13%…

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