Extreme Option Profits Chart of Day…Dogs of the Dow

January 8, 2020 By: Todd Mitchell

Just weeks ago, we featured General Electric (GE) in a Chart of the Day following allegations of fraud back in August 2019. Since then, we’ve watched as the stock caught strong support around $8 along with oversold reads on the Bollinger Bands (2.20), W%R, RSI, and MACD. Since spotting that opportunity in August 2019, the stock exploded from a low of $8 to a high of $11.72.  All we had to...

Continue reading >>

Grubhub shares surge on report the company is exploring a sale

By: Todd Mitchell

...

Continue reading >>

Why markets are oddly subdued after Iran’s attack on US bases in Iraq: ‘You call that a knife?’

By: Todd Mitchell

...

Continue reading >>

Dow futures drop almost 200 points after Iran retaliation raises fears of bigger conflict

By: Todd Mitchell

...

Continue reading >>

What An Escalating Iran Conflict Means For Dow Jones 2020 Outlook

By: Todd Mitchell

...

Continue reading >>

Tech Shows Strength Before Fizzling

January 7, 2020 By: Todd Mitchell

U.S. markets opened lower on Monday, extending Friday's losses that had been triggered by escalating tensions between the U.S. and Iran, before rebounding to settle higher. Iran's announcement that it was pulling out of the nuclear deal brokered by the Obama administration, alongside the passage by Iraq's parliament of a nonbinding resolution to expel U.S. troops kept the major indexes on alert...

Continue reading >>