We have nice gains in Macy's and American Electric Power, so I'm closing out those positions today to avoid the possibility of having them put to us if Wall Street doesn't like the outcome of next week's midterm elections. Read More
Jim Pearce is the Chief Investment Strategist of Personal Finance, our flagship publication, and manages two trading services, PF Pro and Mayhem Trader. He began his career as a stockbroker in 1983 and over the years has managed client investment portfolios for major banks, brokerage firms, and investment advisors. Jim earned a BA from The College of William & Mary and the CFP designation from the College of Financial Planning.
Analyst Articles
I’m expecting JCI to issue stronger than expected earnings guidance for 2019 based on the outcome of the two transactions closing this quarter. Read More
I am issuing three new trades this week to take advantage of the opportunity to earn more income due to heightened put premiums Read More
Marijuana stocks are all the rage, but many investors could get burned by risky "canna-business" stocks. Here, we separate genuine opportunity from hype. Read More
We only have one option position expiring today, which is a call option for Western Digital that will expire with no value. Read More
The stock market volatility I expected last week has materialized, so I am not issuing a new Income Millionaire trade this week. Read More
I'm closing out our covered call on Buckeye and canceling our open short put orders for Abbot Labs and Prologis to limit downside exposure due to excess stock market volatility. Read More
We have big gains in all three put options expiring next Friday, so I'm closing them out now to avoid the possibility of a "flash crash" next week given the stock market's erratic behavior this week. Read More
Overblown pessimism is why we can write a put that is more than 10% out-of-the-money and expires in three months with an option premium yield of 3.5%. Read More
The big difference between now and two weeks ago is investors’ perception of the company. The question of what it would take before GE finally took drastic action has been answered emphatically. Read More