OTC: August 1, 2016 By Steve Smith SPX/SPU: The tight range is all the rage for traders coming into this week as they debate which way it will go. Meanwhile the Nasdaq (QQQ) made a new high as the strength in Tech stocks continues while the oil stocks in the S&P weigh down that index. Oil’s […]
Options Supplement: August 18, 2016 By Daniel Darrow Stocks found buyers again today following yesterday’s bullish reversal, finally snapping the long streak of alternating gains and losses. The S&P 500 and Nasdaq both ended the session up .22%, led higher yet another day by significant gains in oil. WTI (+3.12%) has had relentless buyers since […]
Options Supplement: August 16, 2016 Tuesday August 16, 2016 By Daniel Darrow Yesterday we popped, today we dropped and the back and forth pattern stayed intact for another day. The S&P 500 lost .55% on the session, erasing gains for the week, and has now alternated gains/losses for the past 8 days. This follows a […]
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