In last week’s sentiment report, I said “volatility is finally picking up!” And then it collapsed all over again as the post-election bull market raged on, with all major indices including the Russell 2000 breaking to new all-time highs. The VIX fell back under 10, and the bears are once again asking “is this low-volatility grind ever […]
Continue Reading -->Family + friends + food + football + fitness (say that 10 times quick!) makes Thanksgiving one of my favorite holidays. And believe it or not, I’m pretty handy in the kitchen. I cook like I trade, and I trade like I cook. I keep things simple, and I go with what works. I’ve been […]
Continue Reading -->Volatility is finally picking up! The VIX hit 3-month highs on Wednesday, and we’ve had 4 down days in the last 6. And traders are finally starting to believe we’re on the verge of seeing the first real shakeup since the 2016 Presidential election. So let’s take a fresh look at our sentiment indicators to […]
Continue Reading -->So at 10:45 a.m. yesterday, I got an email with the subject line “The Most Important Person of Our Generation.” It came from Neil Strauss, author of the infamous pick-up artist memoir The Game: Penetrating the Secret Society of Pickup Artists: I know what you’re about to ask… And I can neither confirm nor deny […]
Continue Reading -->Welcome back to our Introduction to Options series! By now we’ve covered: 1) The ABC’s of Puts and Calls 2) How Implied Volatility Works 3) Theta: The Options Trader’s Kryponite 4) 3 Simple Options Strategies Beginners Should Know Today, we’re going to close out our series with 7 key things you need to know before you place your first options […]
Continue Reading -->Welcome back to our Introduction to Options series! By now we’ve covered: 1) The ABC’s of Puts and Calls 2) How Implied Volatility Works 3) Theta: The Options Trader’s Kryponite Now we’re going to dig into 3 basic options trading strategies that are perfect for beginners. We’re going to teach you 3 options trading strategies […]
Continue Reading -->On Thursday, we had our first hint of real volatility since October 25. The the SPX dropped -1.1% to an intraday low of 2566.33 before a bounce up to close at 2584.62. The VIX also rose over 20% to 12.19 before faltering. This came on the heels of some minor equity market deterioration as small caps […]
Continue Reading -->Traders had two questions heading into Apple’s (AAPL) Q4 earnings report yesterday after the close: 1) Can the company produce enough iPhone X units? 2) Can the company sell enough iPhone 8 units? Apple answered both questions with an emphatic yes, proving once again that the Apple supply chain rumor mill can’t be trusted. The media does […]
Continue Reading -->We’ve got a lot of news flowing. Apple (AAPL) hit new all-time highs after delivering an incredible fourth-quarter earnings report. President Trump announced the nomination of Jerome Powell as Fed Chairman. The October nonfarm payrolls report disappointing. On a random note… has anyone heard from North Korea lately? Anyway, with stocks still hovering around all-time highs, […]
Continue Reading -->In this special video, Nightly Game Plan Moderator Sami Abusaad takes you through an Earnings Play in fitness equipment company Nautilus (NLS). On Monday, October 30, Sami went short Nautilus at $16.35, just ahead of earnings. Sami got out Wednesday morning at $13.00 for a $3.35 per share profit. In total, Sami earned $12,115.50 in this […]
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