Double Your Cash Flow On Big Bank Dividends With 10% High-Yield Options

If you’re interested in short-term trading exposure to big banks, here are three big names which all have attractive options-selling yields – SunTrust Banks (STI), Comerica (CMA), and JPMorgan (JPM). Profiles: JPMorgan Chase is the biggest bank in the US, with a market cap of ~$347B, but it operates as a financial services company worldwide.…

J.C. Penney: Holiday Results Were Negative, But Could Have Been Worse

J.C. Penney’s (JCP) holiday sales update came in with sales below my expectations. Although holiday retail sales looked to be trending fairly well overall before, it appears that December was generally weaker than November, and that department stores did relatively poorly (unlike last year). The holiday sales update does also show that J.C. Penney’s situation…