(Justin Vaughn, Editor, Options Trading Report) The market finished last week’s session with the Dow Jones Industrial Average soaring nearly 700 points, while the S&P 500 and Nasdaq Composite gained 2.3% and 2.6% respectively. It marked the first week of 2023 with increases in the indices. A big factor in the positiveness of the market was the Labor Department’s monthly report. As data showed less jobs added, and a definite thawing of wage increases, all … Read more…

(Justin Vaughn, Editor, Options Trading Report) As the new trading year kicked off Tuesday, to a shortened week, much of the same feeling emanated, echoing the last days of December, 2022. Stocks showed little optimism and slumped, ending the session with the S&P 500 ending off 0.40%. The Dow Jones Industrial Average finished the day down only 12.66 points, with a lackluster day. Of the three indices, the Nasdaq dropped the most, off 0.76%, as … Read more…

(Justin Vaughn, Editor, Options Trading Report) 50 years ago, Yale Hirsch recorded in his “Stock Trader’s Almanac” a history of the last five trading days in December and the first two trading days in January, the rise and fall of the S&P 500 average, called the “Santa Claus Rally.” According to the ‘Stock Trader’s Almanac,’ the stock market has edged up 1.3%, on the average for the 7 market days of December and January. During … Read more…

(Justin Vaughn, Editor, Options Trading Report) The market opened Monday, continuing with the trends of last week, with fears overtaking investors and traders. Economic conditions are at best showing signs of continued uncertainty, as manufacturing and the services industry are struggling. Consumers are more apprehensive in their buying habits, more cautious after digesting massive amounts of negative inflation information. The housing market, new and existing, is slowing big-time as borrowing costs are pricing many out. … Read more…

(Justin Vaughn, Editor, Options Trading Report) A combination of a possible lower interest rate increase and anticipation of a lowering of inflation on Wednesday’s CPI announcement, drove the market higher. It was a hallmark day for the Dow Jones Industrial Average as it soared 528 points or 1.6%, while the S&P 500 added 56 points. The tech heavy Nasdaq jumped 139 points, with a positive market on Monday. “We think we’ve seen peak inflation,” said … Read more…

(Justin Vaughn, Editor, Options Trading Report) Stocks retreated across the board on Monday’s opening. Traders and investors were increasingly apprehensive that the Federal Reserve will carry on with interest rate hikes well into next year, ‘riding hard’ on combating inflation. The ‘big’ banks reacted more seriously, as they are affected by rate increases to a greater degree in adjusting their own rates. The December 13th CPI number release will give the Fed more long term … Read more…

(Justin Vaughn, Editor, Options Trading Report) The market opened this week… on the ‘weak’ side, as many distractions and up-coming events loomed over investors and traders. China’s run-a-away Covid problems and the effects worldwide have dampened many economies. At home the Chinese government’s severe lockdowns have spurred riots in major cities, disrupting all aspects of the economy. Oil slid all week, continuing its downward trend, now its lowest level in ten months. The overall general … Read more…

(Justin Vaughn, Editor, Options Trading Report) After the market finished lower on Monday, and after investors and traders had time to digest recent financial announcements, a ‘bit’ of confidence began to emerge on Tuesday. The Federal Reserve Vice Chair, Jael Brainard, cautiously remarked that maybe a move to slow rate increases would be ‘befitting’ moving forward. That comment gave the market a significant boost with all three indices moving upward. Other news sparking the market … Read more…

(Justin Vaughn, Editor, Options Trading Report) Stocks stayed positive to open the week…with anticipation at a ‘high.’ Looking forward to two major announcements, Mr. Powell’s rate increase on Wednesday and the Consumer Price Index release on Thursday for October, clouded the markets, and dimmed investors and traders aggressiveness. The indices were ‘mellow’ with little definition of direction. The day after election day, early numbers indicated Republicans were not making the early predictions of taking both … Read more…

(Justin Vaughn, Editor, Options Trading Report) The market soared Friday (10-28) as investors and traders showed confidence, with the Dow Jones Industrial Average surging up 800 points, finishing the week on a ‘high note.’ The tech heavy Nasdaq Composite soared a whooping 2.9%, up 309.78 points. The solid S&P 500 was up 2.5% or 93.76 points, with all sectors of the average contributing. All in all a terrific finish for the week, and much needed … Read more…