Oil is always a fickle trade. Over the weekend, crude oil rallied to a high of $68 on news the U.S., Britain and France launched airstrikes against Syrian storage, research and military targets, as the countries sought to punish its leader over suspected chemical attacks. The strikes only increased fears that the U.S. could be…
DetailsBiotech stocks may be one of the most speculative sectors of the market, but with aging baby boomers creating a surging demand for better care and treatment options, new innovations, and multi-billion-dollar merger and acquisition potential, the sector is not only explosive, but one of the most profitable. In fact, for over 35 years, biotech…
DetailsMost IPOs come with bells and whistles. There’s a roadshow for investors. Underwriters and intermediaries are there to stabilize the share price. Company executives even get to ring the bell at the NYSE open. But Spotify (SPOT), the music-streaming leader, didn’t want any of that. Instead it opted for a direct listing, which allows current…
DetailsThe U.S. economy may have only added a third of the jobs it did in February, but that’s okay. The economy is on solid ground with its 90th consecutive months of job gains. In fact, unemployment still stands at 4.1% with a labor force participation rate of 63% – a measure of the number of…
DetailsYou’d have to see it to believe it. One day after losing 750 points to trade war fears, the Dow tacked on more than 330 points on Tuesday, as tech stocks come roaring back. Netflix for example was up more than $3.40. Amazon recovered $20. “So far, this is a reaction to an oversold condition,”…
DetailsAs the market continues to lose its mind over fears of a trade war, we wanted to check in on you to see what you think of Traders Daily so far. We also wanted to see if you had any questions about how to protect your money in this hellish market. We’d love to hear…
DetailsTechnology stocks have been in the doghouse, but there’s opportunity to be found there. With fears of regulations following Facebook’s data scandal, presidential tweets that knocked Amazon.com off its ledge, and production fears at Tesla with a 123,000-unit Model S recall, an on-road fatality, and a poorly timed April Fool’s prank, investors have become fearful…
DetailsMarket chaos continues, but don’t allow it to scare you out of the stock market. Sit tight and remember that the markets are resilient. Once the panic recedes, buying opportunities can be found in the rubble, especially as the economy remains strong. In fact, private companies just added another 241,000 jobs in March 2018, as…
DetailsLet’s start with another coupled of winners. Not long ago, we recommended buying the DLTR May 18, 2018 97.50 calls as it traded at $2.55. The calls are now up to $3.30. Sell to close half to secure the win. Let’s also sell the Foot Locker (FL) stock, which hit $47 from our entry of…
DetailsYou’d have to see it to believe it. One day after losing 750 points to trade war fears, the Dow tacked on more than 330 points on Tuesday, as tech stocks come roaring back. Netflix for example was up more than $3.40. Amazon recovered $20. “So far, this is a reaction to an oversold condition,”…
DetailsApparently, fourth quarter GDP was better than previously thought. In fact, GDP expanded 2.9% in the final three months of 2017, instead of the original reported 2.5% as growth in consumer spending was revised up to 4% from 3.8%. That’s the quickest pace since the fourth quarter of 2014. That means from April through December,…
DetailsJust last week, we noted that Amazon.com (AMZN) could be setting up for a reversal. In fact, we noted: Amazon is always an interesting trade, especially after President Trump bashes the stock. Each time he does, however, the stock races back stronger than ever. In June 2017, Trump noted that Amazon was getting…
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