I have become a huge devotee of this simple option strategy. Here are two recent examples from this week.
Let's review the charts and indicators.
The 'organic' economy has to take over at some point, and at that point, at least in theory, demand for credit should accelerate.
China's national economy has had a 'good start,' according to the statistics bureau, posting unprecedented growth that brings it back to pre-pandemic levels.
I see no path to improve relations and many to make things even hotter.
We are experiencing a dramatic rotational correction, but the business media is oblivious to what is happening.
After accounting news triggered investor worry on Ebix Inc., I'm betting the uncertainty dissolves soon.
Space used to be a black hole where investment dollars went to die. Today investors see only opportunity.
Let look at the the 30-day moving average of the advance/decline line, sentiment and why a pullback could help shake the trees.
We're seeing great action for major funds that are holding big-cap names, but downright lousy action for individual traders.