Today’s trading in biotech and healthcare was rough, once again. However, we did get some long signals for a couple stocks, EVH and FCSC. The later was actually triggered late yesterday but was still active today. Overall, upside potential seems strongest for generic healthcare stocks, but biotech has begun to catch up. Here’s what happened.
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We are looking at Micron (MU) in this example. MU will report earnings next week after the market closes on September 20th. Even though Implied Volatility is currently extremely expensive, it most certainly will move higher as we approach earnings. So, a thought process might be, why not buy volatility now if it’s going to […]
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It seems like earnings season is year-round now and that is great news for traders like us. This is when the opportunities arise. But, in order to take advantage of these opportunities, we must understand the risks involved. In this video, I explain the interplay between the critical measures that determine the price of options […]
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Apple is expected to unveil its biggest and most expensive iPhone today at its fall launch event, with most of the buzz swirling around a rumored phablet (iPhone Xs Max?) that’s supposed to boast a 6.5-inch OLED screen. Two other models will likely be called the iPhone Xs (5.8-inch OLED) and Xr (6.1-inch LCD). More products […]
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Today was rough for biotechs and healthcare stocks. The market was very erratic, with very inconsistent price movement throughout the session. Our open long signals were sharply lower despite the overall bullish trend in the equities markets. A good example of this is CMDO, which rallied sharply off of earnings news, only to decline just […]
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So we are now well on our way into the month of September. As I mentioned in last week’s post, we have entered the two wackiest months of the year. At least they are in my opinion. Now to add to that, this week we had a major bank come out and say we are […]
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VantagePoint Trading Software is a forecasting tool that uses both end of day data and artificial intelligence to provide traders a forecast of market movement. These forecasts are 1-3 days in advance and help traders improve their timing on making trades and maximizing profit potential. The artificial intelligence software forecasts market movement for stocks, futures, […]
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Thursday is going to be the day to watch this week. Tune in to this video and find out why!
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Shares of Amgen (AMGN) moved sharply higher today, but the exact reason for the move is unknown. The stock was up over 3% at the time this content was written. Recently, Amgen and AstraZeneca announced a breakthrough therapy designation for Tezepelumab, a treatment they jointly developed for patients with severe asthma. A buy signal was […]
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In today’s video, I discuss the early gap-up start to Monday’s trade and what could have caused it, as well as this week’s events. Thursday could be the day that the market moves a great deal, depending on the CPI report.
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