February 19, 2020 by Dan • Trade Ideas

The S&P 500 (SPX) is trading at new all-time highs as I write, up 5% on the year and up 5.5% from the late January panic about the potential adverse effects of the coronavirus then …

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January 21, 2020 by Dan • FREE ACCESS

I am going to make this really easy, make a near term bearish case for the S&P 500 with pictures. First, the SPY, the ETF that tracks the S&P 500 Index is up 10% in …

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December 31, 2019 by Dan • Trade Ideas

Its that time of year for financial market pundits… reviewing the year that was and forecasting the year to come.  I don’t find S&P 500 (SPX) targets particularly useful unless I feel there has been …

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December 13, 2019 by Dan • FREE ACCESS

Shares of Apple (AAPL) are up 95% from its 52-week lows made on Jan 3rd following the company’s first negative earnings pre-announcement in more than a decade: The stock’s nearly 75% YTD gains have it …

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October 14, 2019 by Dan • Trade Ideas

Regular readers know that I have been routinely bearish on the prospects for bank stocks in the current interest rate and economic environment (read here, here and here). In my commentary on CNBC, I am …

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September 19, 2019 by Dan • FREE ACCESS

I think it is safe to say that it has been a very long time that investors have been able to say “wow, that mega-cap U.S. bank stock is breaking out to new highs”. Well, …

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July 19, 2019 by Dan • FREE ACCESS

On June 3rd when Tesla was trading at multi-year lows my Options Action co-panelist Carter Worth of Cornerstone Macro Research made a pretty epic call on a technical bounce from the $175 level, which happened …

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