Apple liquidation

August 5, 2015

Apple sank 3.2% on Tuesday without any significant news, which smacks of raw liquidation by disappointed holders. Apple has dramatically underperformed the market after being added to the Dow Jones... Continue Reading »

Disney and Halliburton lock in post-industrial death match

July 16, 2015

Stocks finished mostly lower on Wednesday in another sleepy session unmarred by the drama seen recently from faraway lands. Treasurys were a little stronger, the economic calendar was a non-factor, and even... Continue Reading »

Stocks survive Greekmaggedon

July 7, 2015

Stocks sank Monday but finished well off their lows as investors decided that Greek voters’ decision to stiff their creditors might not be the life-threatening event of the century it was presumed... Continue Reading »

Daily Issues

August Ends with a Whimper

August 31, 2015

Stock futures were dripping in red ink overnight in sync with another swoon in China, but rallied quite a bit before the U.S. market open. After approaching the zero line, however, buyers were spooked and shares ended materially lower in light trade.

Despite the Wednesday-Thursday rally, the S&P 500 closed the month under its 12-month average, after recently setting a new high, for the first time since the start of the bear market in 2008. The instance prior to that came at the start of the bear market in 2000. This is not a drill. It's a reasonable, fact-based worry about sponsorship loss and faltering momentum, and will be until the index can close a month back over its 12-month average, which is currently at 2,052; that's 80 points, or 4%, higher.

In today's Trader's Advantage, we'll take a look at seasonal data that contains some good news -- and some bad news -- for the bulls. We took second-half profits on a call trade today, and I have three new trades for you as well.

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Trades Update

August 28, 2015

A quiet end to an amazing week. It has been like a TV mini-series in which the producers try to display every possible human emotion and market result within a limited amount of time, and at the last minute managed to cram in some more. Game of Thrones is a drab procedural next to the market's drama this week.

We'll stick with what we have for the weekend, and I take a closer look at our trades in this week's podcast. But I anticipate more excitement - and more opportunity - next week as we look to play the long side in some names that have been unfairly beaten up.

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Market Not Giving the "All Clear" Sign Just Yet

August 27, 2015

Stocks ripped higher for the second consecutive session today around the world as traders reacted to a dramatically oversold condition. Even Chinese stocks participated (after suffering a week of losses) amid talk of intervention.

U.S. futures were kind of dogging it overnight, but got a spark when the Shanghai Composite emerged from a blistering five-day losing streak to rally 5.3%. The Chinese equities benchmark sank an incredible 23% during that downturn.

However, the selling may not be entirely behind us. In today's Trader's Advantage, I'll explain why; I'm also canceling two unfilled buy orders, and I'll recap the latest action among our holdings, one of which we took half profits on at the open.

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Which of the following sectors of the market do you think will outperform for the balance of 2015?

  • Utilities
  • Energy
  • Healthcare
  • Technology
  • Financials
  • Industrials