When The Market Gives Back What It Once Took Away

If Wall Street had a confessional booth, I’d be first in line. “Forgive me, market gods, for I underestimated how quickly sentiment could shift.” When I last wrote about Abbott Laboratories (ABT), the market was treating this medical device powerhouse like last week’s leftovers—despite growth that would make most CEOs weep with joy. Fast forward […]

How to Handle the Friday, March 21 Options Expiration

Followers of the Mad Hedge Fund Trader alert service have the good fortune to own four in-the-money options positions that expire on Friday, March 21, and I just want to explain to the newbies how to best maximize their profits. These involve the:   Risk On (NVDA) 3/$88-$90 call spread            […]

The Market Outlook for the Week Ahead, or Sell First and Ask Questions Later

I have been learning a new language over the past few weeks (I already speak six). And like learning any new language, it has been a bumpy road. I remember a family dinner I had in Tuscany in 1968. The dessert was chocolate cake. I didn’t know how to say “cake” in Italian, so I […]