There’s a big rotation out of tech happening. How to trade it as the second quarter ends
June 2026 has been defined by a striking divergence in U.S. equity markets. While the Dow Jones Industrial Average marches to all-time record highs, the tech-heavy Nasdaq 100 (QQQ) has undergone a sharp, volatile and spastic repricing. I want to use the elevated volatility in the tech Nasdaq 100 ETF (QQQ) to create an income […]
The inherent danger of parabolic stock moves and how to handle
People always ask me why I dislike parabolic moves. The answer is simple: When a stock rises significantly in a short period — resulting in a price chart that resembles the curve of a parabola — it goes down far faster than it can creep up, for whatever reason. Consider a parabolic move from a […]
How to hedge some big tech gains going into the market uncertainty next week
Given the uncertainty surrounding the election next week and some mixed mega-cap technology earnings this week, I want to book some 2024 chip stock profits. I want to hedge my exposure by owning put options in the high-flying VanEck Semiconductor ETF (SMH) . SMH YTD mountain VanEck Semiconductor ETF, YTD Risk can happen fast. The […]