Weekly Market Recap: Navigating Fed Moves and Market Swings
Monday: Wall Street struggled to find direction as investors anxiously awaited the upcoming Federal Reserve announcement. The Dow gained 0.6%, the S&P500 ticked up 0.1%, but the Nasdaq slipped 0.5%. Tuesday: It was another mixed day for the markets. The Dow edged down by 0.04%, while the S&P500 increased by 0.03%, and the Nasdaq gained 0.2%. Wednesday: After starting [...]
What Sectors Will Benefit from Rate Cuts
Written by: Angela Akers The Federal Reserve delivered a 50-basis point rate cut this week, which was unexpected until a few days ago. Fed Chair Powell was clear that the Fed is “committed to maintaining” economic strength. The heftier-than-anticipated cut came in the wake of a revision to the jobs data and concern over potential weakness in maintaining full [...]
Covered Call Assignment: When Do Covered Calls Get Assigned?
The goal with selling covered calls is to pocket premium income without having to actually sell your shares with the options contract expiring worthless. When done correctly, this can be a consistent way to generate profits without exposing yourself to much risk. However, the buyer of your contract may choose to exercise their right to purchase your shares at a [...]
FedEx Falls Hard After Lowering Guidance: Here’s Why it May Be Time to SELL FDX
FedEx (FDX) shared fiscal first-quarter results yesterday after the market closed, but it was the lowered guidance that really sent ripples through the market. The stock is down 14% so far Friday. Here’s how the company performed in Q1: Earnings: $3.60 per share compared to the consensus of $4.75 per share. Revenue: $21.6 billion compared to the consensus of [...]
Is it Time to Cut Ties on Boeing Stock as the Strike and Furloughs Progress? 3 Reasons to SELL BA
Boeing (BA) shareholders have seen their investments shrink in value over the past year, as the stock has plummeted nearly 50% since December of 2023. From safety concerns to lawsuits and strikes, the company can’t seem to catch a break - but much of it appears to be self-inflicted as a result of cutting corners. The latest update in [...]
What are the Risks of Covered Calls?
Covered calls are seen as one of the lowest-risk stock investment strategies because you are hedging an existing position through premium income. But you need to look beyond the benefits of trading stock options through this strategy and assess the covered call risk as well. So, what are the risks of covered calls? Ultimately, it comes down to opportunity cost [...]
