Trade of the Week
ETF Sector Corner: Utilities Set to Outperform into Strong Seasonal Month
Utilities Select Sector SPDR Fund (XLU)- This ETF is one of the most popular options for investors looking to gain exposure to the U.S. utilities sector, a corner of the domestic stock market known for relatively low volatility and relatively high distribution yields....
Bull Put Spreads in Oversold Asset Manager with Short Puts in OI
Blackstone (BX) has been sold down to the 200 day EMA recently as financial names see a healthy correction back to support and last week initially bounced from the 158 level where it filled a gap from October and risk reward now skews positive with several opening put...
Quick Weekly Option Trade in Fast Food Leader with Bull Flag
McDonalds (MCD) shares of the fast food name are forming a solid bull flag after a strong earnings report this month and saw most of that gap filled last week before a bounce right off the 21 EMA support level and closed Friday near highs in the green with markets...
ETF Sector Corner: Home Building Group Oversold as Rates Peak into Seasonal Window
SPDR S&P Homebuilders ETF (XHB)- This ETF is focused on the U.S. homebuilding industry, and as such offers exposure to a corner of the domestic economy that tends to be cyclical in nature. In addition to pure play homebuilders, this fund includes companies related...
Bull Put Spreads in Oversold Clothing Retailer Back at Support
Abercrombie (ANF) has been beaten down the past month by 30% after guidance showed slowing growth for Q4 but still expects to finish FY25 with a 15% improvement to its top line yr/yr. The stock is now trying to rebound from key support in the 105 range with an...
Ecommerce Giant Setting up Quick Rebound Trade from Support
Amazon (AMZN) shares of the ecommerce giant are forming a narrow bull flag post earnings the past week after coming back to key support just under 230 and continuing to hold up well above the rising 55 day MA now catching up to price action near 225 and setting up...
ETF Sector Corner: Under Owned Regional Banking Group Continues Bull Trend Higher
SPDR S&P Regional Banking ETF (KRE)- This ETF gives investors a way to play regional banks, a sub-sector of the financial sector that offers a unique risk/return profile relative to traditional financial exposure. Whereas financial funds such as XLF are dominated...
Bull Put Spreads in Semi Equipment Name Forming Basing Bottom with Put Sales
Applied Materials (AMAT) has been shaping the right side of a basing bottom pattern since late last year and likely has a floor below the 175-180 zone of support that has formed with several opening put sellers recently accumulating making the 170 strike a solid put...
Quick Weekly Trade Sets up Breakout in Airliner
Delta Airlines (DAL) shares forming a bull flag and staying very strong as the group has stayed a top sector in 2025, with DAL up over 15% YTD already and now looking poised to pop above recent highs with a breakout above 70 potentially seeing 72-75 in the coming...
Bull Put Spreads in Sporting Goods Retailer Seeing Put Sellers
Dicks Sporting Goods (DKS) has continued to show relative strength as a retailer of interest with bulls and was up as much as +11% in January before it finally started to pullback last Friday and now nearing a retest of solid support of the 21 EMA near 236. DKS also...