Market Update: Late August ’23 SPY, QQQ, XHB Crash Comparisons
September tends to be one of the most volatile months for the stock market so let’s take a snapshot of where we are today. First up SPY, we are down…
Is NVIDIA The New Cisco?
After hours the price of Nvidia stock is $502 per share after earnings and it reminded us of another tech stock from the dot com era called Cisco. Back then…
Milking The Devon Cash Cow
One of our favorite profitable trades for 2023 has been taking a position in DVN. We’ll walk you through the mechanics of how profitable this trade has been but first…
Market Update: August ’23 SPY, QQQ, XHB Crash Comparisons
It’s time to do a review of the crash comparisons we’ve been tracking for SPY, QQQ and XHB. Here is where we are: SPY has only had a 6.64 percent…
Uber & The Flash Mob
It’s summer and team members at the Econonaut decided to take some time off so we halted posting a articles but some of us are back and we come with…
Market Update: July ’23 SPY, QQQ, XHB Crash Comparisons
It’s time to do our mid-month review of our crash comparisons. The SPY ETF is only 5.86 percent down from it’s post-COVID peak and it’s remarkable considering the Federal Reserve…
End of June SPY, QQQ, & XHB Chart Crashes
We’re done with the first half of 2023 so let’s check in on our chart crash comparisons: First up SPY and we see that the ETF index has made a…
Portfolio Update
It’s time to do a portfolio review of where we stand so let’s take a look at some key equity positions. While we are mostly sitting in T-Bills earning 5…
Market Update: SPY, QQQ & XHB Crash Comparisons
We are midway thru 2023 so it’s time to take a look at our SPY, QQQ, and XHB crash comparison charts. For SPY, we’re only 11.61% down from the peak…
XHB Hit Above $70
Today XHB hit above $70 and it is at $70.40 after hours today so what better time to load up on more puts? We bought another tranche of PUTS for…