Archive

Filter

Our last five rolls, but as always in the dynamic world of trading, flexibility is key. There may be a need for last-minute tweaks to one or two trades. Stay vigilant and keep an eye out for any last minute trade alerts. On a positive note, we have two trades expiring for substantial profits and one with a small gain: Atlassian (TEAM), Intercontinental Exchange (ICE) and AutoZone (AZO). Read More

In early November, both the Nasdaq 100 and S&P 500 decisively broke free from their multi-month downtrend channels, initiating a robust upward trajectory. This momentum sustained until they encountered their previous 2023 peaks, recorded in late July. Although both indices managed to eke out new highs, the momentum has somewhat plateaued recently. What we're observing seems to be a consolidation phase, likely a breather after the indices became somewhat overextended in the short term. This week we are going with a neutral double diagonal on Caterpillar (CAT) and a bull put spread on McKesson (MCK). Read More

Last week, major U.S. stock indexes experienced varied gains: the S&P 500 increased by 0.81%, the Dow Jones Industrial Average rose by 2.60%, and the Nasdaq Composite saw a modest gain of 0.07%. In the commodities market, oil prices continued a downward trend, while gold prices exceeded $2,000. As the year progresses, the market's direction will likely be influenced by evolving economic conditions, with investor optimism growing due to a recent cooling in inflation. This has led to hopes that the Federal Reserve may pause its interest rate hikes. Historically, November and December have shown strong performance in the stock market, suggesting potential for further gains. This week we are going with a neutral double diagonal on Union Pacific (UNP) and a bull call spread on Eaton Corp. (ETN). Read More

We trust you all enjoyed a wonderful Thanksgiving break. As we return to the trading floor, let's gear up for a week of strategic moves. This weeks plan includes executing a neutral double diagonal on Advanced Micro Devices (AMD), paired with a bear put spread on Amazon.com (AMZN). Read More

We only have one roll this Friday. Please keep in mind that markets close at 1:00 PM Eastern Time. Enjoy the rest of your Thanksgiving holiday! Read More