Warren Buffett’s age is the big issue in conflict with CalPERS, says Don Kaufman in Business News segment
CalPERS, America’s largest state pension fund, wants to remove Warren Buffett as chair of Berkshire Hathaway. CalPERS says that Buffett shouldn’t be CEO and chair at the same time. Don Kaufman, TheoTrade chief market strategist, agrees in this NTD Business News segment. Beside the conflict inherent in one person fulfilling the roles of CEO and…
Iron Condors - The Basics
Most traders struggle making money trading directionally, especially at first. The idea of consistently picking the right stock and selecting the right option trade often leads to quick losses. This is a result of traders being initially being drawn to the unlimited profit potential of buying options but fail to understand their low probability…
A Reversal of Fortune and a Trading Day - What's Ahead
Earlier in the week we had a rallying market with Netflix (NFLX) falling yet today we have a falling market with Tesla (TSLA) rallying. Just as the market is bigger than any one stock, broader money flow trends are playing out and in tonight's video, we focus mainly on the technology sector and the NASDAQ…
Tesla Rocks but NASDAQ Drops
Conflict appeared all over the screens in today's trading as the NASDAQ take a hit, down just over 1% and Netflix falls over 35%! The saving grace today? TESLA! Join in to tonight's video as Don explains today's considerable price action and what we can expect for the remainder of the week....
A Giant Netflix (NFLX) Surprise with More Earnings Ahead
After hours we saw a big price move lower on earnings in Netflix (NFLX) which could set the stage for part of Wednesday's trading day. Beyond that we have other key stocks reporting earnings today, tomorrow, or later this week and we highlight those along with a broader market update on today's sell-off in Oil…
What Does the Last Minute Rally Mean? Today's UOA Tells the Story
Call it a stick save or some other phrase used to describe the market rallying off the lows into the close. I want to call it a fork in the road where the companies beginning to diverge over the next week or two. It may be a tale of the haves and have nots…
Grim earnings spell trouble for U.S. banks, Don Kaufman says in TV interview
The numbers tell the story. Citigroup – 46%. Goldman Sachs – 42%. Wells Fargo – 21%. Earnings reported last Thursday by big U.S. banks demonstrates that managing risk in an unstable environment is horrific for them, says Don Kaufman, chief market strategist at TheoTrade. Inflation and the war in Ukraine have taken its toll on…
Are You Prepared for the Coming Volatility Storm?
Market Update-- --Rates are outa control! --rising rates will break markets --bond volatility exceeding VIX --why is VIX dead with risk bearing down? --another week another edge of expected move Positioning-- --selling premium, tread lightly, imp vol feels low --sell whats strong and let correlation grip hold SPX Expected Move-- --last week-- 76.70 (expected…
What’s Next for Oil and Oil Stocks?
Inflation is on the minds of consumers and traders every day, and oil prices are at the epicenter. This week’s Consumer Price Index (CPI) and Producer Price Index (PPI) reflect the historic inflationary pressures being felt, and the further inflationary pressures in the pipeline. With oil futures recently testing $130.50 on March 7 and retracing…
Will Poor Earnings Tank Markets?
JPM kicked off earnings seasons with lackluster results. Overall markets went higher thanks to big tech. How much longer can big tech stocks hold up the S&P? We may find out this earnings season...