Tag Archives | Jeanette Schwarz Young

S&P 500 Futures - Dec 15 - Option Queen Letter

Option Queen Letter

Here in the northeast, the weather has been fantastic. We have been enjoying our Indian summer and, as the major indices continue to rally in the fourth-quarter, so too have the markets. We did; however, see a minor retreat on the very positive “Jobs Report” in the Friday session. The reports highlights the expansion of […]

Continue Reading 1
S&P 500 Futures Overview - Option Queen

Option Queen Letter

Here we go off into Christmas help hiring season in anticipation of consumers rushing into brick and mortar store to purchase their holiday gifts….News Flash!!!! Many consumers will likely make purchases on-line, trying to find the best bargains without dealing with sales people, crowds or parking problems. That said, we expect to see lighter traffic […]

Continue Reading 1
S&P 500 Futures - Dec 15

Option Queen Letter

We’re back! We apologize to our readers for the great deal of time that has passed since putting out our last letter but are happy to say that we are back in action. If you look at the daily chart of the S&P 500 futures continuation, you will see a large “W” formation. We closed […]

Continue Reading 0

Option Queen Letter

Here is a question for you to ponder, if the banks are public enemy number 1, why is it that we the people have been funding their fun? Are we the people making money on the spread or a piece of the spread on lending that the banks are making and if not, why not? […]

Continue Reading 0

Option Queen Letter

Are we all having fun yet? Don’t you just love the volatility? As an option seller, we do. If you are a call writer this environment is your dream. As a put sell, you have to love those premiums. Fat finger……we don’t think so. Most systems will not let you enter orders in the billions […]

Continue Reading 0
Reblog this post [with Zemanta]

Option Queen Letter

The US stock market is resilient and seems to want to rally. The only thing that will prevent this market from returning to the April highs will be an event that will cause fear to return to this euphoric market. We have seen European downgrades and an attack on Goldman Sachs, neither of which was […]

Continue Reading 0
Reblog this post [with Zemanta]

Option Queen Letter

This week we took note of something rather interesting; specifically there was a great deal of chatter going around regarding the current rally. As the mortal investor begs the question of divergences seen in the recent rally a veritable chorus of gurus and talking heads responds yes, this rally was good and that yes, a […]

Continue Reading 0

Option Queen Letter

The S&P 500 futures contract plowed higher for the day and for another week. We have seen this index rally for the past three months. It is now approaching the 0.618% Fibonacci retracement number which is at about 1237.86. We observe on the daily action, a pattern of softness intraday with buying at the end […]

Continue Reading 0

Option Queen Letter

Mr. Market has cancer and although it seems to be in remission at the moment, it appears that it is complete denial of; the disease, the treatment necessary to rid the disease or hold the line against further progression of the disease. How can we say that? Well, it appears that with the infusion of […]

Continue Reading 0

Option Queen Letter

This past week was filled with drama from the FOMC meeting to health care. We are heading into the spring/summer home selling season. As the tulips bloom the housing market should take on a new life and see some positive numbers. There are lots of houses on the market and inventory levels are high. Home […]

Continue Reading 0