Every trader needs to understand what the dollar index is and how it can be used in the trading world. The dollar index is a measurement of the value of the US dollar compared to other currencies. It’s a representation of the strength of the dollar and can be used to predict the direction of […]
How Interest Rates Influence The Value of The U.S. Dollar
Interest rates play a pivotal role in today’s financial system, and they have a direct impact on the U.S. dollar’s value. When interest rates rise, it typically leads to higher inflation. This has a knock-on effect on the value of the dollar as investors buy assets that are stable in value like gold or cryptocurrencies […]
How The Value Of The Dollar Affects Soybean Prices
When it comes to soybean, the value of the dollar is vital. The reason for this is simple: Soybean traders buy and sell soybean in dollars. If the dollar’s value increases, then the soybean price will decrease. Keep reading to understand how the value of the dollar affects soybean prices and how you can keep […]
The Oil Futures Market: Is It Hard To Trade?
Oil futures trading is one of the most dynamic and exciting marketplaces out there. It allows speculators and hedgers to trade oil, and make gains or cut losses based on their analysis of oil prices. But if you’re new to futures trading, it might seem like a daunting task to get into oil futures. Don’t […]
How The Value of the Dollar Impacts Oil Futures
Ever since the invention of oil, civilizations have relied on its energy. To obtain it, they’ve traded and bartered goods, labor, and services. In today’s markets, crude oil is traded in USD. The reason for this connection is two-fold: oil is a global commodity that needs to be priced for buyers and sellers across the […]
A Beginner’s Guide To Stock Collar Options Trading
A collar option strategy is an options strategy that involves buying stock, stock futures, or options to create a position that has downside protection and the potential for profit if the price of the underlying asset rises. A stock collar strategy is a combination of covered call and long put options designed to limit losses […]
New Dividend Trade in MMP
Typically I would not post these real time, they are part of the members portfolio. However, since we aren’t currently accepting new members I have decided to post of few of these for free. Magellan Midstream has a dividend ex-date of 2/6/23 with a divided of 7.75% or $105/quarter right now. It is also in […]
What Are The Main Economic Factors Influencing Oil Prices?
Oil prices are the most vital factor of oil, and they directly impact the global market. They dictate production, production costs, supply, demand, and speculations. But what factors affect oil prices? And how do they influence the oil market? Understanding the economic factors that influence oil prices will help us make informed decisions about our […]
What effects the price of Gold?
Gold futures are one of my favorite things to trade. I prefer to sell premium as opposed to buy premium when I am trading gold options. Typically I use naked puts, naked calls or strangles. You can also use iron condors and credit spread is you prefer defined risk. Sometimes I will use spreads, but […]
Good place to enter Pfizer (PFE)?
I am really watching Pfizer right now and preparing to enter for my 2023 dividend portfolio. I am not sure they have formed a stable price base right now, which will dictate the type of trade I enter. You might ask, why not just wait? A couple of reasons. First, I want to get the […]