Using option activity as an indicator for impending price moves is difficult, subjective, and unreliable. That being said, it can help confirm other indicators and increase the probability of a profitable trade.
Steve Smith Archive
Beneath the surface of the indices hanging near all-time highs the stock market has seen some decent rotation.
Last week’s deal to purchase EAT24 delivery division from Yelp cements Grub’s position as industry leading with now more than 50% of the food delivery market.
Concerns about a crisis with North Korea cooled over the weekend and that is all that the market needed to produce a gap-up open this morning.
I’ve been a long time skeptic of gold and remain stubbornly bearish regarding its long term outlook. To my mind the oft cited purposes that give it value are diminishing or gone; it’s use an alternate currency is quickly being …
Quick, name the best performing stocks over the past five years. If you cited the usual suspects such as Facebook (FB) Amazon (AMZN) and Apple (AAPL) which had gained 325%, 310% and 85% respectively since 2012 you would be wrong. …
Earnings season has officially kicked off this morning with some of the big banks such as JP Morgan (JPM) and Citibank (C) reporting mostly better than expected numbers.
All the political and policy noise is about to brushed aside by what really matter for stock prices; earnings.
Nike (NKE) is set to report earnings after the close Thursday.
With the advent of weekly options, there was proliferation a newsletters promising you all kinds of ridiculous returns. What they don’t tell you are the risks that come with those returns.