The activity in the bond market has been mixed in recent weeks as the market tries to sort things out directionally. However, today it appears that there is a more alignment in the option interest against a bullish move in bonds. While I’ve been generally bullish on bonds since September 28, the pot
For some stocks, the sell-off has been a bit longer than others. In fact, today there has been relative outperformance among value-oriented names. If the market is to rally in the coming weeks to close 2021, this may be a theme that could readily play out. With that in mind, it’s important to be abl
When the market gets in correction mode, hopefully it stokes the desire to seek out opportunities. One of the areas that can be fruitful are identifying income stocks, and what better list to start than the Dividend Aristocrats. One the stocks that is jumping out right now is Cardinal Health Inc (NY
Chairman Powell surprised the market in his testimony before Congress when he decided to eliminate “transitory” from being used with “inflation.” It seems like transitory has been used as a companion for so long that many believed it, until now. However, how often is the leadership at the Fed actual
After this week’s sell-off, you may find some bearish flags setting up as some stocks begin to stabilize. Identifying a potential reversal or a continuation in the trend can be extremely helpful. Here is a look at a bearish continuation pattern than may give you an entry within its bearish trend. Be
Many people wonder about hedging a portfolio and the news about the Omicron variant on Friday saw that interest escalate. When you’re long stocks or if you’re a premium seller, hedging is important. Understanding when to hedge and what hedge to apply is extremely important. Many began to realize tha
You’ve likely heard of Elon Musk selling 10% of his stake in Tesla Inc (NASDAQ: TSLA). You would think that would be bearish news, but the price has remained fairly resilient. At times, when something sounds bearish it doesn’t get discounted right away. For TSLA, that appears to be the case, but the
Today, the Biden administration announced that they would be releasing 50 million barrels of oil from the Strategic Petroleum Reserve (SPR). They also announced a coordinated release between the U.S., India, Japan, Republic of Korea and the U.K. That sounds really bearish for oil, right? If that’s t
If you were following the market into the close, things didn’t exactly go that smoothly for the bulls as the "bidless beast" appeared and the S P tested new lows. Prior to the sell-off, Wells Fargo Co (NYSE: WFC) saw a large option trade appear that put in it’s top about 30 minutes before the
The activation of Bitcoin's Taproot upgrade went live this week. The update comes just as it appeared that Ethereum was about to overtake Bitcoin. Taproot represents the largest update in four years and sets the stage for Bitcoin smart contracts. The upgrade is a big deal for Bitcoin and may maintai
