Wednesday Morning Market Video - $BIDU $GOOGL $FB $LMT and more
Keep Reading
Tag Archives: fb
Daily Recap: Potential Scenarios for SPY in Weeks to Come
Today was a slow day in the market, with modest fades across the board in most names. The big question for the market is whether the breakout on the SPY above 217.50 will hold. It is important to look to market leaders for clues. I tend to look to ‘FANG’ (Facebook, Amazon, Netflix, and Google) and the banks for clues. While all closed off their morning lows I think there is a bigger picture that we need to be aware of in order to navigate the markets in the coming weeks.
Keep Reading
Daily Recap: Analyzing FB Calendar Trade & Potential GOOGL/AMZN Trades
Today’s session continued the theme of a slow and steady grind for the broader market with a few individual names that led the tape. FB had very strong earnings yesterday but showed signs of stalling early in the morning. On the other hand AAPL found support at 103 and held that level the entire day closing near the highs. AMZN and GOOGL both reported exceptional earnings after the bell and are up in the after hours session. There is however a common theme between all these names, something that worries me deeply and I will go over this in the article. In addition, I will go over my strategies for AMZN and GOOGL tomorrow and my trades from today.
Keep Reading
Morning Charts – $NFLX $FB $GOOGL and more
Covered Call Ideas for August Expiration
Last month’s covered call ideas were largely successful as FB, AAPL, TSLA and GOOGL were all full profits while WYNN broke-even. As we head into the next month, the big issue with covered calls is the earnings risk. In navigating this risk I have put together a mix of low and high risk covered calls to average out at around 1-2% return. With the implied volatility very cheap here as the VIX is very low, it is hard to make great returns on covered calls. In high volatility environments it is much easier to make 4-5% a month but at the same time the risks are greater because stocks have crazier moves.
Keep Reading