Traders can easily see how quickly this rally ended as soon as the U.S. Dollar Index(DXY) took off to the upside. The news out of Europe is being released fast and furious, however, traders should simply keep their eye on the U.S. Dollar Index chart. The leading financial stocks are still positive on the trading session, while J.P.
This morning, the leading financial stocks are holding up after the earnings reports from Goldman Sachs Group Inc (NYSE:GS), and Bank of America Corp (NYSE:BAC). These stocks have been beaten down for quite a while and are trading higher this morning. The poor earnings from these companies were likely already figured into the stocks.
76% of 68 Trade Ideas This Week Were Winners - Many Still Active!
Read the weekly reviews of Philstockworld Member picks rarely available to the public!
An in-depth review of the week's trading and the news that made it happen along with links to more analysis as well as a detailed discussion of how we take advantage of day-trading index options during expiration week - something we are able to do every month of the year!
30 High Yielding Option Write Ideas for November's Option Expiration Friday
In a previous OptionMaestro.com post, I outlined 30 stocks which I wouldn't mind going long at these levels. I wrote about getting long the stocks by using the buy-write option strategy. This is an updated post to that one, adjusting the strikes and prices accordingly for options expiration today.
Banking on Volatility to Spike: Time to Buy Put Options on Financials?
n this post I will compare some put options amongst some of the most actively traded financial stocks, which will benefit the most from rising market volatility. With the market rallying and volatility sinking like a stone lately, now may be a good time to get long some put options which will benefit from both a sell off as well as rising volatility.
Banking on Volatility Will Spike: Time to Buy Put Options on Financials?
In this post I will compare some put options amongst some of the most actively traded financial stocks, which will benefit the most from rising market volatility. With the market rallying and volatility sinking like a stone lately, now may be a good time to get long some put options which will benefit from both a sell off as well as rising volatility.
Three Reasons the Market May Sell Off: 35 Ideas to Protect for Less
Are Financial Stocks Especially Overpriced? Some Protective Ideas
As I recently wrote on OptionMaestro.com, I believe the bank stocks are especially overpriced, but don't really want to sell all of my shares (as this stock market could continue rallying). In this post there are two types of hedging or protective ideas that require the use and knowledge of stock options.
20 Option Ideas to Profit & Protect Financial Stocks
Another day in the books, but there still hasn't been too much selling pressure, with the S&P 500 down about a quarter of one percent. As I recently stated on http://www.optionmaestro.com, I think there is a sell off ahead, or at least that is what the Volatility Index (VIX) is telling me.