Google is making a run at a big fat round number – 1200 — which would also be a new all-time high, and time is of the essence to get aboard what could be a rocket ship ride much, much higher. We don’t have much time to waste so I’ll just cut right to it. [Read more…]
So JC calls me up today and drops this in my lap on Deutsche Bank $DB:
I think this is it. I think the bottom is in. Either that or it’s a zero.
More professionally, JC is quoted in Barron’s:
When you talk about the fundamentals of these banks, then people get really scared, but there comes a certain point where that horribleness gets priced in.
I’m rarely, if ever, a bottom-feeder in the stock market. But knowing that $DB is just too big of a name to allow to go bust (I think regulators learned their lesson with Lehman Brothers?), it seems like a low-risk, potentially high reward play to dip our toes in the water in a risk-defined play to participate in a rebound. [Read more…]
Sector rotation has been a hot topic as this bull market keeps finding fresh legs to pull us higher. As we scan the entire marketplace looking for clues as to the next sector to wake up, we’ve identified the Home Builders as a viable option with some clearly defined levels to keep it simple.
It’s time to Roll with the Homies. [Read more…]
Americans love their burgers. And customers around the world love American iconic brands. These two forces are unlikely to change in the near future, and thus sales at McDonald’s restaurants around the world should continue to be strong. Of course, I couldn’t care less about the fundamentals. I’m just watching price action and volatility and see a nice opportunity to profit shaping up in the options market for $MCD this summer. [Read more…]
Rotation is the big word that’s got us stock market bulls excited around here. It seems every couple of weeks there’s a new sector that takes the baton to lead the broader indices higher. And just when one sector looks like it might be running out of steam, another one shows up to take that baton further down the track.
How long until the track runs out of runners? We don’t know, but we still see a lot of contestants lacing up their shoes. Either way, after such a great relay race, if you’re concerned that the next runner has a higher than normal chance of stepping on a crack, but you’d hate to be sitting on your hands if he builds on the lead, then I’ve got a trade that I think allows you win in both scenarios. [Read more…]
I recently received an email from a reader:
Are there situations with options plays where we need to be careful of the underlying’s ex-Div day falling within our option’s time frame?
The short answer is: YES.
The real answer is: it depends. [Read more…]
It happens far too often: a game-changing company comes on the scene, has a massive run in its share price, makes a ton of people a ton of money, and becomes a media darling with constant, breathless stories about this exciting new widget maker.
But then the sideliners who sat with their hands in their pockets begin to grumble about how “the stock is overbought”, “it’s going to crash,” “the founder is a fraud,” “this company is a scam,” etc. No skin in the game, just bitter about not participating. It seems in recent years, Tesla (and it’s founder Elon Musk) has been the poster child for this phenomenon.
Ignore the noise, follow the price, profit. [Read more…]
This is the video recording of the June 2018 Conference Call for Premium Members of All Star Options [Read more…]