by Gary S. Morrow | Sep 17, 2018 | Market Update
Last week the primary manufacturing gauge, issued by the Institute for Supply Management(ISM), reached its highest level in fourteen years. Is this a clear signal that the current economic cycle has plenty of fuel remaining or is this a sign of exhaustion? Over the...
by Bob von Halle | Sep 14, 2018 | Market Update, Options
Active trading today (and a continuation of recent activity all week long) in Caesars Entertainment (CZR) upside call options. Today’s activity is focused on buying of the Oct 19th expiration 11 calls between $.35-40 with the stock around $10.60. Over 10,000...
by Bob von Halle | Sep 12, 2018 | Market Update, Options
Can’t think of a more forlorn or hated sector than gold miners (as represented by the GDX etf) which has gotten crushed over the past few months. A bit of stirring seen today, and possible signs of life especially in Goldcorp (GG) where over 25,000 Oct 19th...
by Gary S. Morrow | Sep 12, 2018 | Market Update
The lede: Middle-class income rose to a record level in 2017 as the strong economy lifted the fortunes of more Americans, the U.S. Census reported Wednesday. The median U.S. household earned $61,372 last year, meaning half of the families in the country brought...
by Bob von Halle | Sep 11, 2018 | Market Update, Options
With a hat tip to www.Trade-Alert.com (my options trade flow monitoring service), I noticed a significantly large bearish trade being executed in the XRT etf for retail stocks. The sector has been a huge out performer for much of this year, and the trade that printed...
by Gary S. Morrow | Sep 11, 2018 | Market Update
From the Small Business report provided by the NFIB’s(National Federation of Independent Business)August report: “Business is booming”. Last month the Small Business Optimism Index hit 108.8, a new all time record high. The biggest problem facing...
