July 28, 2015
Stocks were sharply higher in afternoon trading amid a round of better-than-expected earnings, some merger activity and a disappointing consumer confidence report ahead of tomorrow's Federal Reserve policy announcement.All sectors traded higher, with energy and materials leading the way. One of our stocks got the jitters ahead of its earnings report later this week, but even in today's rush, we took hefty profits in our Netflix (NFLX) puts. I have two new recommendations for you, along with several adjustments for our remaining trades in today's issue. Continue Reading »
July 27, 2015
Stocks sank broadly on Monday, while bonds were a little higher and crude oil was down for a fourth straight session, this time by 2.4%.
The biggest news event of the day came from China, where the Shanghai Composite slumped 8.5%, its biggest one-day decline in eight years. The bulk of the collapse came late in the session, and that volatility bled into global markets.
In today's Trader's Advantage, I'll share some Bespoke data that should help us chart a course for our trades going forward. Then let's take a look at one new idea and check out how our current positions are doing.Continue Reading »
July 24, 2015
Stocks traded materially lower today amid lackluster new U.S. home sales and a weak flash manufacturing PMI reading out of China. Materials and energy led shares lower, while telecomm, consumer discretionary, and utilities were the only major sectors in positive territory.
We were able to take initial profits on our short-side position in NFLX, and I have a new options trade for you today in the gold space. Be sure to check out my podcast, as well.Continue Reading »
Which of the following sectors of the market do you think will outperform for the balance of 2015?
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