It was another volatile week on Wall Street as investors digested a slew of economic and earnings data. Apple was the big standout winner last week as the stock shot up to new highs after reporting earnings and legendary investor Warren Buffet announced he was increasing his position in the stock. In other news, the…
So… You Wanna Be A Trader??? I’m guessing your answer is, YES! Or why would you be here? But I’m sure you didn’t grow up (or maybe you did) telling your 3rd-grade teacher that one day you wanted to be the world’s best stock trader. My aspiration at that age was to be in a…
Options sometimes get a bad rap in financial markets, especially as Warren Buffet once famously referred to them as weapons of mass financial destruction! Never mind the fact that Buffet uses options extensively in his own portfolio. The beauty of options is they provide so much flexibility. You can use them to gain leveraged…
It was another volatile week on Wall Street. Stocks ended flat as investors digested a slew of earnings reports and the bulls showed up and defended the longer term 200 DMA line. The major indices opened the week with a big selloff and then the bulls showed up right on cue and defended the 200…