by Bob von Halle | Dec 12, 2018 | Commentary, Options
Been quite a ride higer since early November for the 20+ year U.S. Treasury Bond proxy, TLT, which has risen from a low of $112, to today’s level of $118.5, as long term interest rates have confounded most analysts and traders by dropping considerably in recent...
by Bob von Halle | Dec 12, 2018 | Commentary, Options
I used to think that gold miners (as represented by the GDX ETF) were the most hated sector in the stock market, until I have had to experience the on going slaughter of Oil Service companies in recent months (as represented by the OIH ETF). With the drop in WTI oil...
by Bob von Halle | Dec 11, 2018 | Commentary, Options
I have no opinion on this, but for the record, someone out there is very nervous about the upcomning price action in Ford Motor Company (F). With the stock at $8.70 yesterday, they bought 50,000 Jan 8 puts for 16 cents. Today, another 50,000 contracts were purchased...
by Bob von Halle | Dec 11, 2018 | Commentary, Options
On a generally quiet day in Options land yesterday (12-10) where most of the actiivty seemed to center around position adjustments (i.e. lowering or raising strike prices), however one trade in particular stood out. An investor bought 14,000 of the regional bank ETF...
by Gary S. Morrow | Dec 8, 2018 | Commentary, Market Update
Over the last three weeks the S&P 500 Index has seen nearly unprecedented volatility. Three weeks ago the index fell 3.5%. The next week it was up 4.5%. Last week: -4.5% Since 1950 this level of volatility has only happened twice before(1974/2008). We...
by Gary S. Morrow | Dec 7, 2018 | Commentary, Market Update
The lede: This morning’s employment report for November showed a 155K increase in total nonfarm payrolls, which was worse than forecasts. The unemployment rate remained at 3.7%. The Investing.com consensus was for 200K new jobs and the unemployment rate to...
