Asset Allocation

Intermediate Trade: Devon Energy

Intermediate Trade: Devon Energy

I prefer a bullishly biased, out of the money vertical call spread.

Trader's Daily Notebook: On the S&P 500 Futures, 2438 Is a Key Level to Watch

Trader's Daily Notebook: On the S&P 500 Futures, 2438 Is a Key Level to Watch

This is upper resistance. If it is broken, some strong follow-up buying could follow.

Watch the Small-Caps Carefully

Watch the Small-Caps Carefully

I think the market does better when small-caps enjoy the ride and outperform.

Potential Reward Is Minimal, but Risk is High

Potential Reward Is Minimal, but Risk is High

We see historically extended valuation, high margin debt and advisor complacency.

Here Comes One of the Most Intense Trading Days of the Year: Market Recon

Here Comes One of the Most Intense Trading Days of the Year: Market Recon

It's Russell Reconstitution. The newly reconstituted indexes take effect after the close on Friday, June 23.