May 16, 2017
Trading Block: A bull rally in the market. A short breakdown of the OIC 2017 Conference in Scottsdale, AZ.
Earnings Highlights:
- Tuesday - Home Depot
- Wednesday - Target
- Thursday - Alibaba, Walmart, Gap
Odd Block: Calls trade in Fairmount Santrol Holdings (FMSA), calls trade in Ocwen Financial Corp (OCN) and calls trade in Home Depot Inc (HD).
Mail Block: Questions, comments, polls and more.
Options Question of the Week: Still a lot of big names reporting in earnings season. Which ones are on your options watchlist this week?
- Walmart, $WMT
- Alibaba, $BABA
- Home Depot, $HD
- Cisco, $CSCO
Listener question:
- Question from Abdallah Badwan - Hey I am new to options but I have been studying them for awhile and the only thing I don't understand is how do I know what stocks to choose if I want short term gains. In other words I want to be a short term investor and I want to know how to narrow down the stocks I want to invest in on a daily basis. How do I make a watchlist of stocks that I can invest in on a daily basis for short term gains.
Around the Block/ This Week in the Market:
- May 15: Treasury International, Housing Market Index
- May 16: Housing Starts, Industrial Production
- May 18: Jobless Claims