The energy sector continues to be the most volatile, with XLE breaking $95 support for the first time since May. Options volumes were highest in the sector, with puts dominating. 1. XLE – The Oct 95/93 …
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For those who don’t know my friend Mike Khouw, he and I have sat next to each other on CNBC’s Options Action program for more than five years. Mike is a very experienced and thoughtful options …
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TAN’s technical situation remains quite precarious, as the solar ETF was rejected today from its 50 day moving average, and is now back below its 200 day ma: I discussed the technical setup in TAN in …
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Since Sprint announced last week that it was withdrawing its intention to buy T-Mobile, T-Mobile CEO John Legere has been tweeting up a storm. One tweet worth highlighting is his announced expectation that T-Mobile will …
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One of the speculative leaders in 2013 was the solar sector. We are big long-term bulls on the potential for solar power, especially given the steep cost declines over the past 3-5 years that have …
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Here is a quick recap of all of the trades that we initiated, closed, managed, expired and considered (Name That Trades) in the week that was July 7th – July 11th:
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Our rationale for the IBB trade from 2 weeks ago was more technical than fundamental, as the etf approached the $255 resistance level after a big rally from the mid-April lows. After what looked like …
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Biotechs have been a leader throughout the 2009-2014 bull market. The weekly chart of IBB, the biotech ETF, illustrates the incredible run over the past 5 years: The ETF more than quadrupled from early 2009 …
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TAN, the solar ETF, is breaking its 200 day moving average today for the first time since April 2013. It has been quite a run for the sector, as TAN has gone from $15 in …
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ETFs much more active than single stocks once again. EEM was particularly active, as the emerging market ETF closed at its highest level since mid-November. 1. EEM – Calls traded more than 3x the average volume, …
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