Boeing Bottom?
Hey there traders, There is absolutely a play on BA (Boeing) catching a stronger bid (people wanting to buy), than it already has right now. One has to wonder if this is a sign that the stock is heading back to 190 or even above 200. Rapid Covid testing and Vaccines are going to be…
The Week Was Unique
Hey there traders, This week was unique. We saw the market hit an all time high. At the same time, the NYSE gainers and losers were negative. I have never seen a market like this. In fact, breadth has only been this week on a new all time high… 4 times… …EVER! There are 5…
Check Out This Option Flow!
Today’s price action is pretty nuts. The NDX is pulling every major index green… Meanwhile almost every other sector outside of Tech is getting spanked. This is why the VIX is up with the market. Interesting, smart money might have set up a serious bet thats showing a HUGE reward to risk ratio about how…
Why 24% Is A Number We ALL Care About
24%!!! That is how much AAPL, MSFT, AMZN, FB, and the GOOGLE twins now make up of the S&P 500… Think about that: 1% of the S&P 500, just 5 companies, are now a quarter of its value! You know what’s even more crazy?? ALL of those stocks are a part of the NDX (Nasdaq…
AAPL is Gonna Throw It (Here’s Why)
The QQQ is at an all time high by a long shot.The S&P 500 is within a stone’s throw of its all time high.The only index that people really follow that is ‘dragging it’ is the Dow Jones Industrial Average.This is because as many of you know, the industrials have been soft.Yes, it has MSFT…
Can Option Implied Volatility be a Predictive Measure for Underlying Direction?
I thought I would launch a cruise missile of an idea right at the readers of Expiring Monthly. At first blush someone would read that title and say, “Yeah, yeah when the VIX is under 20 it is bullish and when the VIX is over 20 it is bearish for stocks in general.” Surprise, I…
Fail On The Field – Fail In Trading
Many of you know that my son plays baseball and I get to have fun coaching the team. I love baseball and loved playing it. In fact I have so many fond memories of the game. Memories that matter for winning in life and trading! I remember playing one of our worst players. The crazy…
Tech Warning…FAANMG Alert
What a week! The “QQQ-is-overpriced-trade” got completely AAPL’d…and AMZN’d…and FB’d The only major tech firm that truly disappointed on earnings was Google. I am not sure what is going on with GOOGL, but they are in danger of being left behind. the MAGAF stocks all cleaned up on earnings….except GOOGLE The tiers for stocks used…