jobless claims

h/t Yahoo Finance

adjective: jobsmacked; adjective: job-smacked

Economists and markets utterly astonished; astounded by skyrocketing U.S. initial jobless claims data

This morning’s release of weekly initial jobless claims, by the Department of Labor, was double economists’ estimates.

The pre-market no likey.

Say Kaddish for this Feline Bounce

dead cat bounce

h/t J.C. Parets @allstarcharts

“Even a dead cat will bounce if it falls from a great height.”
— Wall Street adage

We’re skeptical of the staying power of the market’s recent rebound.  It resembles a “dead cat” bounce more than a market bottom.

Time will tell.

Subscribe today to see how Options Hotline subscribers are staying a step ahead of the crowd, positioning for fun and profit.

Stay well, stay strong, stay home.

Best regards,


Your Almost Daily Bit of Wall Street Wit & Wisdom


h/t Chad Batka and Celeste Sloman for The New York Times

“Above all else, in other words, the stock market is people.  It is people trying to read the future.  And it is this intense human quality that makes the stock market so dramatic an arena in which men and women pit their conflicting judgements, their hopes and fears, strengths and weaknesses, greeds and ideals.”
— Bernard Baruch

Even in these days of computer-driven algorithmic trading, our study of the character of the behavior of market price movement reveals the human behavior of buying and selling that ultimately drives direction.

Subscribe to Options Hotline today to stay a step ahead of the crowd.

Best regards,


Your Daily Bit of Wall Street Wit & Wisdom

US and China flags


“It is easier to induce national governments to discriminate against foreign producers than to defend the interests of domestic consumers.”
— George W. Stocking

As the market opens, it’s another trade tension Trump tariff Tuesday.

In the end, tariffs are a tax on US consumers.

Taco Tuesday tastes better.

Best regards,


Your Daily Bit of Wall Street Wit & Wisdom

Matzah plate

Matzah plate

“Doubt is the beginning of wisdom.

He who will not seek knowledge, knowledge will certainly not seek him.”
Midrash Proverbs 2

All of us at Options Hotline wish you and yours very Happy Passover and Easter celebrations!

Never be certain of coming market moves and continually seek knowledge.  Now, more than ever, it’s at your fingertips.

Put in the work and sustain humility.

Best regards,


Your Daily Bit of Wall Street Wit & Wisdom


h/t Warner Bros. Pictures

“Your brain works against you when you’re cold and when you’re hot, everyone knows this. But the difference between knowing and executing is why Market Wizard books sit on millions of bookshelves and why there are so few Market Wizards.”
— Michael Batnick

Understanding your personal psychological and financial tolerances for risk, and your ability keeping your emotions in check, is a good starting point for traders. Successful speculation is built on the cornerstones of mind, method, and money management.

A combination of knowledge, courage, discipline, and hard work is the recipe for the potion.

The magic is in the mundane.

Good fortune in your trading and have a magical day!

Best regards,