USD/JPY Bumpy Road Towards 111.80
Although USD/JPY ended the day marginally higher (we’re talking 10 pips or so), the fundamental and technical picture hasn’t changed. U.S. data continues to disappoint with the Empire State manufacturing index dropping 10 points in July. This decline was much larger than anticipated and highlights the disconnect between U.S. data and Fed policy. U.S. policymakers […]
Great Income Trade Opportunity In HEES
As income investors, we seek to create consistent monthly income by selling options to collect monthly premiums. This has been successful for our investors for years. Option selling offers another method to diversify investing strategies beyond traditional dividend investing. We have combined technical stock events with our strategy to identify high returns option selling opportunities. This […]
E Nasdaq Is Doing Its Thing
A tool to help confirm the overall market trend is the Bullish Percent Index (BPI). The Bullish Index is a popular market “breadth” indicator used to gauge the internal strength/weakness of the market. Like many of the technical market internal indicators, it is used both to confirm a move in the market and as a […]
Market Talk – Monday, July 17
The better than expected GDP release we saw from China was unfortunately, only a positive influence for a short period, then profit taking and summer liquidity took over. Shanghai has had a good run so far but having had the Index inclusion and probably suffering from a stronger currency. Second quarter released at 6.9% compared […]
Weekly Gasoline Price Update: Regular And Premium Down Two Cents
It’s time again for our weekly gasoline update based on data from the Energy Information Administration (EIA). The price of Regular and Premium are down two cents a piece from last week. According to GasBuddy.com, Hawaii has the highest average price for Regular at $2.99 and San Francisco, CA is the most expensive city, averaging $3.05. […]
Netflix, Inc. 2Q:17 Earnings: Subscriber Beat Drives Surge In Stock Price
The Netflix (NFLX) 2Q:17 earnings report was released after closing bell tonight. Netflix posted earnings of 15 cents per share on $2.79 billion in revenue, compared to the consensus estimates of 16 cents per share in earnings and $2.76 billion in revenue. In last year’s second quarter, the streaming video service provider reported earnings of 9 cents […]
No Restrictions On Junk Debt, No Problem?
This week will be the first week where earnings start to flow in quicker. So far, as of July 13th, 30 firms have reported earnings. Of the 30, 24 beat, 3 matched, and 3 missed estimates. An 80% beat rate is very high, but it’s too early to call it a signal for how the […]
Hot Options Report: End Of Day, Monday, July 17
Most Active Equity Options And Strikes For The End Of Day, July 17, 2017
Delta Airlines Finds Unique PR Opportunity Thanks To Conservative Gadfly
Delta (DAL) provides scheduled air transportation for passengers and cargo throughout the United States and across the world. The Company’s segments include Airline and Refinery. The Company’s route network is centered around a system of hub, international gateway and airports that the Company operates in Amsterdam, Atlanta, Boston, Detroit, London-Heathrow, Los Angeles, Minneapolis-St. Paul, New […]
Bulls Are Still The Favorite For Now
Absolutely no gusto in this market at all The market tried to make new all-time highs today, but the level of interest by the bulls to push this market higher has been very lackluster today. And inherently that is the problem with getting long on this market, despite it being the only choice traders have […]
