Technology 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…
DetailsThis report is brought to you by our team at The Cheap Investor & Traders Daily……… For the better part of 20 years, I’ve noticed an interesting pattern with oil. While OPEC, non-OPEC, supply-demand, and international chaos certainly play a major role in determining direction, oil prices often fall within a predictable technical pattern,…
DetailsAmazon 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 away with not paying taxes. Shortly after, the stock fell from $990 to $951. It would recover to $1,083 not long…
DetailsFacing a deadline to prevent a government shutdown in March 2018, the House and Senate put together a $1.3 trillion spending bill that was signed by President Trump. Running 2,000-plus pages, the bill allocated federal money through the end of September 2018 and included quite a boost to defense spending. And to smart investors… In…
DetailsJust the other day, we recommended buying Facebook (FB) and the FB May 18, 2018 170 calls. While the trade started out well for us, it’s still pulling back aggressively. Let’s exit the trade here and take the loss. We can always buy back in on excessively oversold conditions. Not only is the stock well…
DetailsMarket volatility has been severe the past few months. As we noted last week: After watching the Dow Jones Industrials explode from 24,809 to a high of 26,616 in January, the bottom started to fall out on February 2, when the Dow fell 665 points. The Dow plunged 1,175 points on February 5 and 1,032…
DetailsThis market is insane. Last week, we fell more than 1,100 points. Then, just yesterday, the markets regained nearly half of that on news China and the United States may want to put a quick end to tariffs. So, it’s been interesting attempting to trade this market. As we wait to see what the market…
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