This bank stock is losing momentum. How to profit from a pullback using options.
The financial sector broke out of its trading range recently and has been soaring after a stellar round of earnings reports from major financial institutions like JPMorgan Chase, Wells Fargo, BlackRock and Morgan Stanley. However, markets don’t usually move in a straight line. A recent mean reversion trade I shared on Alibaba demonstrated this well […]
This industrial stock reporting Friday could indicate an economic slowdown. How to trade it
With earnings season kicking off, we’ll break down an industrial stock reporting Friday and how to trade it. Earnings season occurs four times a year when many publicly traded companies release quarterly earnings reports, providing investors with detailed financial information such as revenue, profit, earnings per share, and other vital metrics. Historically, Alcoa Inc. marked […]
How to profit from a 2024 comeback for these 2 bank stocks in a trade with limited risk
As a sector, financials underperformed the S & P 500 in 2023, but that statistic disguises a significant late year rally in the group. Since bottoming in late October 2023, the “money center” banks reporting this week have outperformed the S & P 500 by an average of nearly 15%. Can this outperformance continue? As […]
How to save on Thanksgiving costs despite inflation
Tetra Images | Tetra Images | Getty Images Families preparing for Thanksgiving will find that turkeys are cheaper this year. The U.S. bird population recovered from last year’s avian flu, boosting supply and helping push down prices. This year, a 16-pound frozen whole turkey costs $27.35 on average, a 5.6% decrease from 2022, according to […]