Are Bears a SWIFT'ly Emerging Threat for Stocks?
You've probably heard about Russian banks being removed from SWIFT a couple days ago, but today's pain in the financial sector didn't exactly scare. The issue is that there are more 'bears' in the financial tale that are set to emerge as we move into March and April. Will these threats be more significant than…
Ukraine Causing Market Digestion as Oil Stocks Waver and Gold rallies
Ukraine is the rhetorical on again, off again conflict. Investors are sifting through the details to make rational trading decisions. How do rational investors deal with seemingly irrational policy and an ever-changing news cycle? Carefully!
Option Bears Find a Home in ITB Following Data
You know how the story goes. Goldilocks wanders into the home of the three bears and tries to find which bed, etc. is "just right". Trading can be the same way. You think you see something in a chart, data, news, etc. and wonder if what you're seeing is "just right". On the heels of…
Hawkish Feds Cause Gold to Shine
The term hawkish appropriately describes the policy stance of the Federal reserve and the Federal Government in regards to Ukraine. A slumping economic outlook, potential defense spending and a Fed policy error is making precious metals shine..
Gold and the Inflation Machine
In case you've missed it, gold has had a rather spectacular past couple of days. Just as you though it would fade today, it began to heat up into the close. In fact, there were sizable options trades in Kinross Gold Corporation (NYSE: KGC) and VanEck Gold Miners ETF (NYSEARCA: GDX). Of course, if you've…
CCJ Earnings Beat Draws Option Market Attention
Cameco Corp (NYSE: CCJ) released their Q4 2021 EPS results today. The share price reacted with a nearly 15% advance in the price as the company beat quarterly analyst estimates and raised their dividend by 50%. The large call option activity served to enhance today's bullish move. However, one trade suggests that the move isn't…
Bitcoin Surpasses FB in Market Cap as S&P Skids Into Close
With 18.95M Bitcoins mined and a price of $44,235 at the close, the market cap of Bitcoin continues to surpass Facebook at just over $612B. That places Bitcoin in the 9th spot for most valuable asset. Also, take a look at today's unusual option activity (XLY, CVX, COIN, HL, WFC, UAA, JETS, ET)…
Ford Large Equity Trades Reveals Key Price Level for Stock
Ford Motor Co (NYSE: F) closed nearly 10% lower last Friday following their earnings report. The company missed estimates both on the top and bottom line and announced today that they plan to cut or suspend production at eight plants. After over doubling in price in 2021, the current sell-off may provide further potential downside…
Breakout or Blow Off? How Much is Left in the Tank?
The major market indices staged significant breakouts today, but is it a false breakout? A look at the volatility indices gives us a clue. Also, unusual option activity seemed to follow WallStreetBets mentions as EVs, crypto and cannabis did well. Also, travel is looking up after a short hiatus (NCLH, CCL, JETS, CGC, MARA, FCEL,…
AGNC Option Bears Understand the Interest Rate Impact
It was on January 10, 2022, that I reviewed a bearish combo on AGNC Investment Corp (NASDAQ: AGNC) in the nightly video. Since that day there have been several other bearish option trades on AGNC that have been significant. Another one of those trades happened today and happens just before their corporate earnings on February…