Many traders are familiar with the concept of the covered call strategy. Few know what it really means though. The concept is quite simple. You own stock. You then sell a call with a strike price above where the stock is currently trading. What you have essentially done is taken a long equity position and […]
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Earnings season is a time ripe with opportunity. It is important to approach each company’s report release with a clearly defined approach that you repeat over and over throughout the earnings cycle. Click the video below to see how I approach NetApp Inc. (Ticker: NTAP). Be sure to follow me on Twitter @cboesib
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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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Oil fell below the $60 level overnight, a day after slipping into a bear market. That means U.S. crude is now down by around 20% since early October as rising supply and concerns of an economic slowdown pressure prices. Fresh U.S. sanctions are unlikely to cut as much oil out of the market as initially expected with Washington […]
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With the recent market rally, it seems the bulls are trying to come back in full force. I am not quite there yet. In fact, I am still more bearish than bullish. The Nasdaq (COMP) did close above the 200 day SMA yesterday. Today we opened above that same key technical level. In fact, we […]
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The Fed is likely to leave rates unchanged this afternoon as it announces its decision following a two-day policy meeting. U.S. stock index futures are still giving back some of yesterday’s gains as traders get nervous about upcoming tightening in December. Recent reports showing strong job and economic growth give the FOMC little reason to materially […]
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$HEAR is a name due to report earnings today. With the huge growth potential in esports and the every growing amount of names putting in large-sized investments into this sector, I can see $HEAR benefitting greatly both in the near and long-term. While I would not trade earnings, I would be highly interested if the […]
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U.S. stock index futures are dipping into negative territory again as Americans cast their vote in a closely-watched midterm election. The results will likely set the tone for the markets, though the question is what kind of tone that will be. Some say a Republican sweep could send Treasury yields higher and weigh on stocks, though […]
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