What are the Best Stocks for Covered Calls in 2024?
Covered calls represent a great opportunity for investors to earn a premium by selling contracts on stocks they already own, enhancing profit potential tremendously. But to fully capitalize on this stock investment strategy it’s imperative that you’re choosing the best covered call stocks. So, what are the best stocks for covered calls in 2024? The goal is to uncover stocks [...]
Activist Investor Takes 6.5% Stake in Tinder Parent Company – Should You Buy MTCH Too?
Shares of the Tinder parent company, Match Group Inc. (MTCH) are up after hedge fund Starboard Value took a massive stake in the company, over 6.5% to be exact. The stock climbed 9% in extended trading yesterday and picked up where it left off this morning, resulting in a 14% gain on the week so far. Starboard Value was [...]
Goldman Sachs’ Earnings Beat Fueled By Uptick in Fixed Income Trading: 3 Other Reasons to Buy GS
Goldman Sachs (GS) reported its second-quarter earnings Monday morning, sending shares higher on the heels of earnings and revenue beats. The company benefited from an increase to fixed income trading along with lower loan loss provisions than originally anticipated. Here are the Q2 results along with the analyst estimates: Earnings: $8.62/share vs $8.34/share expected. Revenue: $12.73 billion vs $12.46 [...]
Weekly Market Recap: Navigating Economic Signals and Corporate Earnings
Monday: The trading week began on a cautious note with mixed market performance as investors braced for Federal Reserve Chair Jerome Powell's upcoming testimony to Congress. The Dow slightly declined by 0.1%, while the S&P 500 edged up by 0.1%, and the Nasdaq saw a modest increase of 0.3%. Tuesday: Markets continued to display mixed reactions as Jerome Powell [...]
THE VECTORVEST INVESTOR COMMUNITY
Written by: Angela Akers As it relates to investors, community is defined as “a body of persons of common and especially professional interests scattered through a larger society,” ie. the investment community. In the late 90s, Dr. DiLiddo started and ran the first VectorVest User Group here in the Northeast Ohio area. The purpose, of course, was to teach [...]
What Are Covered Calls Options?
One of the many benefits of trading stock options is that the possibilities for how you can make money are so abundant. There are also a variety of options risk management strategies you can employ to protect yourself from losses. Today, we’ll introduce a unique strategy that allows you to maximize profits while covering your existing positions in a given [...]