Thursday’s Stumble Doesn’t Change Everything, But It Changes a Lot

For a second day in a row stocks lost a good deal of ground. And, in so doing, the market’s timbre took a turn for the worse. Both the S&P 500 and the NASDAQ Composite are now beneath an important short-term moving average line thanks to hints that the Federal Reserve may not be done with its rate hikes. There...

Thursday’s Stumble Doesn’t Change Everything, But It Changes a Lot

For a second day in a row stocks lost a good deal of ground. And, in so doing, the market’s timbre took a turn for the worse. Both the S&P 500 and the NASDAQ Composite are now beneath an important short-term moving average line thanks to hints that the Federal Reserve may not be done with its rate hikes. There...

Caught Between a Rock And a Hard Place

Were it just one day, we might dismiss is. To see the stock market remain trapped between a narrow band of support and resistance for two days in a row though? That’s worth pointing out. Take a look. On Tuesday (and for the second consecutive trading day), the NASDAQ Composite briefly moved above its 50-day moving average line (purple) but...

Caught Between a Rock And a Hard Place

Were it just one day, we might dismiss is. To see the stock market remain trapped between a narrow band of support and resistance for two days in a row though? That’s worth pointing out. Take a look. On Tuesday (and for the second consecutive trading day), the NASDAQ Composite briefly moved above its 50-day moving average line (purple) but...

Option Spreads Made Easy: When and Where to Use Bull Put Spreads

Last week we started what’s going to be a lengthy-but-learnable lesson about option spreads. We didn’t mention this at the time, but the bearish trade we placed on General Electric (GE) was a bear put spread, or more accurately, as bear put debit spread. We were bearish on GE so we bought puts on the stock. We wanted to hedge...

Option Spreads Made Easy: When and Where to Use Bull Put Spreads

Last week we started what’s going to be a lengthy-but-learnable lesson about option spreads. We didn’t mention this at the time, but the bearish trade we placed on General Electric (GE) was a bear put spread, or more accurately, as bear put debit spread. We were bearish on GE so we bought puts on the stock. We wanted to hedge...

Weekly Market Outlook – Just When It Mattered the Most, the Bulls Flinched

This market isn’t just erratic and inconsistent. It’s maddening. Just when it looks like it might break past a key technical ceiling and finally keep moving, it turns tail and runs. Except, it doesn’t. Friday’s tumble stopped right at other key technical levels. Stocks very much ended last week on the fence, capable of still moving either direction. Ugh. We’ll...

Weekly Market Outlook – Just When It Mattered the Most, the Bulls Flinched

This market isn’t just erratic and inconsistent. It’s maddening. Just when it looks like it might break past a key technical ceiling and finally keep moving, it turns tail and runs. Except, it doesn’t. Friday’s tumble stopped right at other key technical levels. Stocks very much ended last week on the fence, capable of still moving either direction. Ugh. We’ll...

What the Heck Is an Option Spread Anyway?

You’ve heard the term, but do you really know what an option spread is? Even if you’re versed and experienced in buying and then selling options for a profit, it’s entirely possible you don’t. (And if so, you’re not alone.) Maybe you’re looking for a new strategy to limit the volatility of — and the potential for loss in —...

Right on Cue, Stocks’ Rally Stalls on Tuesday

Following through on the bullishness that materialized on Friday of last week, the market logged a third consecutive daily win on Tuesday. The win, however, is tainted. Stocks started to struggle right at major technical resistance we all should have seen coming. Take the S&P 500 as an example. The index finally fought its way above the 20-day moving average...
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