The banking sector in Canada is vastly different than the U.S. For one thing, there are far fewer of them! And there's really only a handful that matter.
One of those that matters is currently doing something that matters -- it's breaking out to...
Today's trade is in a $39B leading provider of software solutions for the global life sciences sector that is on the verge of breaking multi-year highs with an eye towards making a run at all-time highs.
I talk all the time about how the options market makers are not stupid. Options are priced the way they are, when they are, because options market makers know what they are doing. Usually.
But once in a blue moon, they can get caught sleeping....
Going to keep this post short today. I'm writing live from the Portfolio Accelerator event in New Orleans. Our friend Riley Rosebee is presenting as I'm typing and he is talking about stocks in companies The Jetson's would invest in.
Stretch your legs and call this THE RE-AWAKENING TRADE. Implied volatility is through the floor in today's name, as traders have been bored to sleep on this former high-flier, making long-term calls cheap and a great potential reward-to-risk.
My gut tells me the odds of a pullback in the markets are increasing. And the next pullback in the direction back to recent lows will likely come with a lot of noise. There will be lots of shouts about "retesting lows," from some camps, and other...
Today's trade is a similar trade to the one I did in Kingsoft Computing last week. It's a bet on a previous highfligher, who had it's legs kicked out from under it during the recent market turmoil, that appears to be setting up to resume its former...
Sorry for the obnoxious title. Sometimes, these things just write themselves.
You would think that a company involved in sports betting would be doing well, considering it seems I can't escape the barrage of advertising for sports betting apps I...
During a recent Analyst meeting, it was discussed now that we're getting further confirmation that the lows may be in for the broader stock market, it's time to start shifting our attention to stocks that displayed strong relative strength in recent...
Yesterday, we saw large gains in the S&P 500, Nasdaq, and Dow Jones Industrial Averages. While I would've preferred to see these big rallies come on overwhelming high volume that far exceeds the average, we did close on an increase in volume,...
With a slew of important earnings coming up over the next few weeks, we're going to start getting a real sense of the negative impacts of the f-d up policy communication strategy out of "The Administration."
Ok, the stock market has bounced. Now what?Well, now that the bounce feels like it's running out of a little steam, it's time to scan the universe of stocks that have been underperforming and had tepid bounces (at best) during this week's counter-...
Since there seems to have been a bit of confusion about the $QQQ campaign that I embarked upon back on Wednesday, I'm creating a new post to help make new trades clearer for you all.
So far this AM, I've closed one of our put spreads at my...
With $VIX showing signs that perhaps yesterday was a blow off top, I'm going to gingerly wade into the premium selling pond with a defined-risk Iron Condor trade on a semiconductor stock that may be entering a wide range of sideways chop.
It sure is acting like it. I'm very impressed with how Bitcoin has held in this week. Yes, it's down for the week like everything else. But the damage relative to tech stocks is minor.
Feels like now might be a good time to wade in with a mildly...
In my mind right now, it's a bear market in stocks until proven otherwise.
But as everyone's favorite cable TV financial prognosticator Jim Cramer says: "There's always a bull market somewhere."And one of those places appears to be in the energy...
Everyone has an opinion on the stock underlying today's trade. Strong opinions.The Bulls think the stock price is a steal here. The Bears think this party is over, and a long overdue comeuppance is on the horizon, which will careen the stock price...