by Lance Ippolito | Feb 9, 2023 | Options
Markets gapped up Thursday morning on the heels of a mixed bag of earnings and a surprising jump in January’s jobless claims. The Nasdaq jumped 1.3% at the open before fading into the red by lunchtime. We saw extremely light options flow compared to the frenzy of...
by Lance Ippolito | Feb 8, 2023 | Options
We saw a sell program grip the markets Wednesday as Wall Street wrestled with the latest comments from Federal Reserve officials and weak earnings… And that was exactly what the doctor ordered for Weekly Blitz Alerts after taking out puts on cyber security name...
by Lance Ippolito | Feb 7, 2023 | Options
For the past several weeks we’ve seen a massive outbreak of “AI Fever” all around the world… Since the Nov. 30 launch of generative AI chatbot, Chat GPT, millions of users have flocked to its website to test the limits of the earth-shattering technology. Whether...
by Lance Ippolito | Feb 6, 2023 | Options
Markets saw more selling Monday as Wall Street continued to digest January’s stronger-than-expected jobs report elicited fears of more interest rate hikes from the Federal Reserve. Traders need to be selective when markets make a broad move to the downside because...
by Lance Ippolito | Feb 3, 2023 | Options
Another wild week is in the books along with the first month of 2023 — and what a ride it’s been so far, especially if you’ve been trading options on tech stocks! If you’ve been following New Money Crew for any length of time, you probably know I’m not really...
by Lance Ippolito | Feb 2, 2023 | Options
Markets ripped higher Thursday after the Federal Open Market Committee raised short-term interest rates by 25 basis points late Wednesday. The news whipped tech bulls into a frenzy, with the Nasdaq adding another 3% gain Thursday on top of the prior session’s post-Fed...
