Publications

DHR, ABBV: From Lab to Life

Heading into this week, equities are trading in a mix of relief and caution. The record 43-day U.S. government shutdown ended late last week, removing a major policy overhang but leaving a sizeable backlog of delayed economic data that markets now have to digest. As federal agencies restart normal operations, investors are watching for a flood of rescheduled reports—especially jobs and inflation data—which could inject extra volatility as the numbers catch up. At the same time, growth-sensitive tech and AI-linked names are bouncing after last week’s valuation-driven selloff, but positioning remains cautious given how extended that segment still looks. Large-cap indices remain relatively resilient, while small- and mid-cap benchmarks continue to lag, raising questions about the depth of underlying breadth. In this environment, the key pivot points for the week are: how markets absorb the returning data, whether tech can sustain its rebound without further multiple expansion, and whether participation broadens beyond mega-caps or remains narrowly concentrated…. Read More

CRWD, CRM, QQQ, SNPS: Curious Quislings

Four rolls and two expiring winners, including a humongous triple-digit percentage jackpot: GM (146.7%) and WDC (50.0%)… Read More

BLK, COST, CDNS, ELF: Changing Expectations

Lowered expectations for another rate cut at the December 10th Federal Reserve meeting have caused a stock selloff and necessitated early rolls of these bullish positions…. Read More

MCD, QCOM: Phone Takeout Orders

December rides a wave of holiday exuberance, boosting sales of fast food. Families host parties, travel for gatherings, and juggle busy schedules—fast food fills the gap for quick meals. U.S. food-away-from-home sales peak in December due to this. In early January, smartphone manufacturers often announce new product launches at the Consumer Electronics Show in Las Vegas.

… Read More

COST, PGR, DGX: A Few Early Rolls

Three rolls to begin November expiration…. Read More

CBOE, CRWD: Crowd Control

With the longest U.S. government shutdown in history almost over, there is nothing left to hold the stock market back from reaching new all-time highs. … Read More

Join our Free November Training Series

I welcome you to join me for our November Training Series. Our first class begins today, November 10th at 1:00 PM Eastern Time… Read More

Join our Free November Training Series

I welcome you to join me for our November Training Series. Our first class begins today, November 10th at 1:00 PM Eastern Time… Read More

Join Our Free November Training Series

I welcome you to join me for our November Training Series. Our first class begins today, November 10th at 1:00 PM Eastern Time. … Read More

TSEM, COKE: Chips and Sips

As we enter the trading week, the landscape for equities is shifting from broadly bullish momentum to a more cautious posture. The S&P 500 and other major indices pulled back last week, with weakness concentrated in tech-heavy names and growing concern around elevated valuations in the AI-fueled segment. The protracted U.S. government shutdown — now the longest in history — continues to cloud visibility for key data flows and fiscal clarity, weighing on investor confidence. On the positive side, the U.S. Senate advanced a procedural vote on Sunday to fund the government through late January, triggering a modest relief rally in S&P and Nasdaq futures. This week’s key pivot-points will include confirmation of a full shutdown resolution (which could unlock risk-on flows), the scheduled jobs and consumer releases (where disruption risk remains elevated), and the ability of market breadth—especially in small- and mid-caps—to stabilize after lagging recent gains… Read More