Gold and Silver: Breakout or Selling Opportunity?

Tuesday was an interesting day in the metals, both Gold and Silver were strong and may be breaking out of their downtrend. The only question: Is this a breakout or a selling opportunity? At this point there is no way to determine whether this move is real or false. Only the price action over the next couple of days will determine what’s next...

By | December, 4, 2019|Categories: Articles, Featured|Tags: , , , , , , , , |0 Comments

Selling Naked Options Can Be Painful

If you have been in the markets as long as I have, you know a couple of things. First, the unlikely occurs almost every day and second, the impossible happens at least once a month. The markets are a probability model. Forget earnings and new products. The option chain tells us all we need to know about the chances of an event occurring...

By | November, 25, 2019|Categories: Articles, Featured|Tags: , , , , , , , , |0 Comments

GE Giving Up

GE to Give Up Majority Control of Baker Hughes

At least one write down is coming when General Electric Co. reports its third-quarter earnings results next month. The struggling industrial giant is selling off another chunk of its stake in Baker Hughes as CEO Larry Culp scrounges up more cash to fund his turnaround strategy...

By | September, 11, 2019|Categories: Articles, Featured|Tags: , , , , , |0 Comments