Weekly Options Trader for the Week of 7-6-26

Although technology (QQQ, XLK, SMH, DRAM) showed relative weakest, the broader market averages continued to grind higher, with the Dow Jones Industrial Average, the Transportation ETF, and the NYSE Composite closing at or near new all-time highs.Semiconductors...

Weekly Options Trader for the Week of 6-29-26

Since May, the S&P 500 and Nasdaq 100 have been locked in a wide sideways correction.  Patterns featuring such broad trading ranges and significant distances between swing highs and lows typically signal elevated uncertainty among market participants.Last...

Weekly Options Trader for the Week of 6-22-26

By the end of the week, after all the violent gyrations, the market closed around the prior week’s close but with minor gains in the Index ETFs.  The QQQ was the best performer with over 2% gain with the strength of semiconductors.Two big news events for the week...

Weekly Options Trader for the Week of 6-15-26

By the end of the week, after all the violent gyrations, the market closed near where it started — around the prior week’s close.SPY remains in a weekly uptrend despite the recent volatility. The prior advance was extended, so some backing and filling is normal. The...

Weekly Options Trader for the Week of 6-8-26

After making new fresh record highs for the S&P 500, NASDAQ 100, Dow Jones Industrial Average, and Russell 2000 earlier in the week, Thursday had a hiccup across technology with bearish earnings/guidance from Broadcom (AVGO) but dip buyers showed up to save...

Weekly Options Trader for the Week of 6-1-26

Another week and new fresh record highs for the S&P 500, NASDAQ 100, Dow Jones Industrial Average, and Russell 2000.The S&P 500 is now up for nine consecutive weeks.  The DIA (an open position in our ETF Trader) looks the best for a new trade or add.The...