New Option Income Trading Ideas for Week 12-16-19

Big news last week:  the FOMC left rates unchanged; China Phase 1 trade deal inked; Congress kept the government open; clarity in BREXIT happening by Jan 31; and Trump impeachment looms. Thursday's low is an important line in the sand that not to be violated this week...

New Option Income Trading Ideas for Week 12-9-19

We have many neutral daily trends now because of last week’s break of major support in many of the broader markets and sectors that was followed by a deep retracement higher. Our market internals are still neutral, so we don’t have those internals to provide a bias...

New Option Income Trading Ideas for Week 12-2-19

The broader markets and most sectors moved higher last week, but on Friday, the majority of indices lost ground, leaving a minor bearish reversal pattern pointing lower within the existing uptrend. Bearish reversals in an uptrend happen of course and, to some extent,...