You've got to love a stock breaking out of a seven-year base and doing so with options pricing in the lowest volatility levels all year. And when it is in a strong sector that has been among the leaders all year, I'm licking my chops.

In elementary school, nothing was more interesting to me than Space. And a quick look at my Lego collection would confirm this in two seconds flat. I was obsessed. But more in the "great unknown" way. So many questions. So many possibilities.

...

Sometimes we spot an opportunity, but we have to be quick to capitalize on it. Fading volatility spikes is one of those situations. If we're willing to take on a little more risk in favor of a high probability setup and we act quick, nice profits can...

With markets pointing higher (if you follow price and ignore the headlines, like a responsible trader), it makes sense to take good looks at stocks coming out of strong bases. One hospital stock recently caught our attention as it is...

Imagine being in a business where you take a nearly risk-free slice of every transaction, world-wide. That would be a lot of money. Well, companies which do just that do exist, and they likely take up some real estate in your...

This is the video recording of the September 2019 Conference Call for Members of All Star Options

We're checking through an online car reseller to find a new ride for another journey to our favorite destination -- The Hundred-Dolla-Roll!

Continuing a theme that we started the week with, we're still on the hunt for attractive long opportunities in the strongest sectors. When markets get choppy and uncertainty about market regime change looms, I seek relative safety in the corners of...

Back in April, we attempted to get long Texas Instruments $TXN, but the stock gapped higher at the open on our entry day and it didn't come back for a month. So we missed it. And that was a bummer. But sometimes, life (and markets) gives us a second...

While many stocks and indices are attempting to repair themselves from recent August volatility, the Energy sector continues to be mired in a year-long downtrend. And considering many of our current positions are leaning long, it is always good to...

One area in the market that has been maintaining a pocket of strength is the Home Builders sector. And with the Federal Reserve cutting interest rates recently (with the possibility of more to come), it's likely mortgage originations will remain...

In a recent blog post on All Star Charts, we discussed the importance of big bases. In a nutshell, we like big bases because it reveals levels of "price memory" and indicates institutional support. You can read the post...

While we haven't raised the Bear Flag quite yet, we have noticed some outperformance in stocks that often are referred to as "defensive." And the recent outperformance of the Aerospace and Defense industries has been particularly noticeable.

...

When the market seas get choppy, options premiums tend to inflate everywhere you look. Investors get scared and Speculators smell opportunity, both putting a bid under calls and puts as each is willing to pay up for protection and good fortune,...

Believe it or not, there are still some stocks at or near all-time highs in this current market environment. And if we're of the mind that the recent selloff is just another "glitch" that repairs itself through price and time, then we'll want to...

This is the video recording of the August 2019 Conference Call for Members of All Star Options

Scanning through the plays that appear in the latest All Star Chart Quarterly Playbook, I see many that have pulled back into support levels and/or near levels that we...

With earnings season in full swing, unique opportunities with options often spring up.

It's pretty common for the prices paid for options to increase leading up to earnings announcements. It's a classic example of the battle of fear and greed...

I don't make it my primary business to go against the trend. Sure, it can be pretty satisfying and certainly pays well to nail a turn in a major trend. But it's a tricky business that has left behind a graveyard of wannabe Heroes.

But every so...

The All Star Charts team has been drawing attention to financials and banks recently, putting forth the idea that the broader markets likely will not rally without banks participating:

We’re in the camp that ...