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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

Trades Update

September 2, 2015

Stocks were sharply higher on Wednesday amid some mixed economic data and continued attention on whether the Federal Reserve will lift rates later this month.

Tech and industrials outperformed, while utilities was the only major sector to trade lower. Crude oil was sharply higher, and gold was lower.

The S&P 500 Volatility Index (VIX) fell 15% as investors pulled an about-face on the extreme levels of anxiety they were feeling on Tuesday. In today's Trader's Advantage, I'm adjusting some of our trade parameters, including new entry prices for short trades, and I have two new trades as well.

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Trades Update: AAPL Falls But Plenty of Fruit on the Tree

September 1, 2015

Stocks traded sharply lower Tuesday as lackluster data out of China amplified global growth concerns. Disappointing U.S. manufacturing data, skepticism over the recent oil bounce, and ongoing Fed policy speculation also dampened sentiment.

All sectors were in negative territory with financials and energy leading the march lower. Unfortunately, one of our long plays got caught in the crosshairs, but we were able to fill orders on a couple of outstanding recommendations.

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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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Poll

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

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