Things are pretty slow after a weak open on this expiration Friday. One trade that can work well here is to buy at the money straddles starting at around 11:00 AM, and hold them until 2 PM, or until they hit your profit target (don’t get too greedy on a …

With Warren Buffett plunking down 44 billion to buy Burlington Northern, many folks are examining the tea leaves and looking for the hidden meaning of the Oracle’s latest move. Economic cheerleaders (mostly in the MSM) were quick to call this a big vote of confidence in the economic recovery. They …

A few weeks ago, with Amazon trading below $90, I wrote an article about why I thought Amazon was a terrible short candidate  (see here http://seekingalpha.com/article/162186-why-shorting-amazon-is-a-bad-idea). Over valuation can look like a compelling reason to bet against a stock — after all, sanity has to return sometime, right? But as Keynes …

I always enjoy expiration friday. It’s a bit like Christmas, where you wake up early and rush to your computer to see what Mr. Market has left under the tree. Will it be a crisp new pile of fresh greenbacks? (thanks, uncle Ben!) Or a lump of coal? Unlike Santa, …

So today we finally broke the psychologically important 10,000 mark on the Dow. Will it stick? Who knows. I have a feeling that there may be a little buyer’s remorse over the next couple of weeks as the market digests this latest push higher. Rally over? Not so fast. This …