Stretch your legs and call this THE RE-AWAKENING TRADE. Implied volatility is through the floor in today's name, as traders have been bored to sleep on this former high-flier, making long-term calls cheap and a great potential reward-to-risk.
My gut tells me the odds of a pullback in the markets are increasing. And the next pullback in the direction back to recent lows will likely come with a lot of noise. There will be lots of shouts about "retesting lows," from some camps, and other...
In trading, we’re taught early on that risk management is everything. “Use stop losses!” they say. And I agree. But what I’ve come to learn—especially when trading options in volatile markets—is that stops aren’t always about a precise line in the...
Today's trade is a similar trade to the one I did in Kingsoft Computing last week. It's a bet on a previous highfligher, who had it's legs kicked out from under it during the recent market turmoil, that appears to be setting up to resume its former...
In the spring of 1998, I was six months into my first job out of college—a mutual fund and insurance salesman for MetLife. The people were kind, and my boss was supportive, but it was a terrible fit for a 22-year-old fresh out of school. Nobody wants...
Sorry for the obnoxious title. Sometimes, these things just write themselves.
You would think that a company involved in sports betting would be doing well, considering it seems I can't escape the barrage of advertising for sports betting apps I...
Recently, I had the pleasure of joining Michael Martin on his Trader Mindset podcast for a deep and honest conversation about what it really takes to trade in volatile markets.
One of the biggest takeaways I shared — and something I’ve...
Yesterday, I was flat on my back, getting professionally stretched, my body creaking like an old door. It’s a bi-weekly ritual I lean into hard—it keeps me flexible, and helps me heal from years of grinding through life’s chaos. The woman...
During a recent Analyst meeting, it was discussed now that we're getting further confirmation that the lows may be in for the broader stock market, it's time to start shifting our attention to stocks that displayed strong relative strength in recent...
Yesterday’s strong gains across the S&P 500, Nasdaq, and Dow were hard to ignore. After nearly two weeks of chop and fear following the "Trump Pump" regarding the 90-day pause of tariffs, we finally saw a full day, broad-based rally with real...
Yesterday, we saw large gains in the S&P 500, Nasdaq, and Dow Jones Industrial Averages. While I would've preferred to see these big rallies come on overwhelming high volume that far exceeds the average, we did close on an increase in volume,...
With a slew of important earnings coming up over the next few weeks, we're going to start getting a real sense of the negative impacts of the f-d up policy communication strategy out of "The Administration."
With a slew of important earnings coming up over the next few weeks, we're going to start getting a real sense of the negative impacts of the f-d up policy communication strategy out of "The Administration."
Ok, the stock market has bounced. Now what?Well, now that the bounce feels like it's running out of a little steam, it's time to scan the universe of stocks that have been underperforming and had tepid bounces (at best) during this week's counter-...
As of the time I'm writing this (1pm MT), the VIX has been trading back below 30:
While this doesn't mean the coast is clear and the bull market is set to resume, it does signal the extreme fear that exploded last week has subsided as...