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Small caps have been up and down over the last week with the net result being that there was almost no change since last Thursday (through 10:25 AM ET today).

That doesn’t sound too meaningful until you consider that the S&P 500 is down 2.6% over the same period and that small caps have outperformed in all sectors except for consumer staples, energy and utilities.

Before we get into today’s covered call idea, coming out of July expiration we have a couple positions that we need to address. Let’s dive in …

Pinterest (PINS), Sweetgreen (SG), Howmet Aerospace (HWM) and Hims & Hers (HIMS) all closed below their strike prices on Friday, which means the calls we sold expired worthless, leaving us with our stock positions today. Let’s exit those stock positions ahead of earnings season.

A company’s share price doesn’t always accurately reflect the value of the company, and right now, an entire subsector is being historically undervalued by the market.

If you’re interested in finding stocks and funds with high dividend yields, a screener is a good place to start. But that’s only the first step. Here are a few other factors to consider.

Small-cap stocks have rallied strongly this month. Have investors finally woken up to the potential? And can small-cap stocks continue to move higher?

Cannabis rescheduling is still a work in progress, but one insider believes a final rule before the end of the year is “very possible,” which could be major news for cannabis stocks. Here are my thoughts, and more on the timeline.

Because of the run-up in share prices over the last 21 months, high yield is hard to come by these days. Here are three appealing exceptions, writes Bob Ciura of Sure Dividend.

WHAT TO DO NOW: The major indexes are bouncing some this morning, but growth stocks remain mixed, and after last week, many are damaged. We’re going to sell the rest of our small CrowdStrike (CRWD) position, as not only is the stock fading again, but we think perception has likely been crushed and could stay that way. That will leave us with 54% in cash—that’s too high given the top-down evidence, so while we’ll hold onto it for the moment, we could put some back to work this week if things shape up a bit.

The market took a jab to the face last week, but it still looks good. It’s still a strong market. But one that is showing some vulnerability.


After a great first half and a strong July, the market pulled back 2% last week, reversing most of the July gains. The culprit was a Biden administration announcement of new AI chip export restrictions to China. That news also combined with a perceived likelihood of a Trump presidency and the possibility of further trade frictions with China. The technology sector, and semiconductor stocks in particular, took it on the chin.

Celestica (CLS) Reports. AST SpaceMobile (ASTS) Update

FTAI Aerospace (FTAI) Still Firing

Oil prices have rebounded off their early-June lows, and the relative strength of these two energy stocks have them well positioned moving forward.

Going into last week we knew it had the potential to be a wild five-day stretch, and the market didn’t disappoint as the indexes swung violently, and sector rotation was intense. By week’s end, the S&P 500 had fallen 1.55%, the Dow had rallied 0.5%, and the Nasdaq had lost 3.8%.

The selling that hit the big-cap indexes last week continued this week—the Nasdaq and growth-oriented measures (like the IBD 50 Index) have decisively moved below their 50-day lines, while the S&P 500 is testing that key trend line. Meanwhile, the broad market, while volatile, mostly held up (small caps are up on the week).

Artificial intelligence is forcing the information landscape to evolve. Instead of fearing it, profit from it. We’ll be here to help.

Industrial machinery stocks are benefitting from a resurgent enviroment as reshoring dominates the industrial landscape. Carpenter Technologies (CRS) and Hyster-Yale (HY) are two industrial names we like.

Outsized performance by technology stocks has created an unexpected risk for ETF investors. One simple change is all it takes to make your portfolio safer.