What a Week! The market had its 7th straight trading session of decline and is now at a low it has not seen in 5 yearsdown 39% from its year ago peak. All 30 Dow components were down today. Bad news continues globally as the financial issues are...

I came across this nice comic on the economic meltdown. Enjoy.

No I'm not sarcastic. It really does get better. I outlined in my post - The Rush to Bailout Wall St... Money, It Can't waitwhat I'd like to see in the Bailout changed. Well someone must be bright in Washington because the terms have gotten much...

I've been thinking of this "Bailout" over the past week. The Bailout can't wait according to the Feds. I wish I could go to my bank and say "This loan can't wait. I need it in 2 days." It just doesn't work that way for me. The bank has to do their...

During times of high volatility, ITM options are a good way for directional trading. This is because high implied volatility will eventually normalize. When this occurs the at-the-money (ATM) and out-of-the-money (OTM) options are going to lose...