Jay Pestrichelli

If you've been investing or trading for a while, you've probably heard of or dabbled with option trading. Many traders are drawn to option trading because of the ability to make more money quickly compared to traditional stock trading.But, options are inherently more risky than buying common stock...

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded higher by 0.4% Friday morning after the Labor Department reported disappointing U.S. jobs market numbers from November. The U.S. added 210,000 jobs in November, missing consensus economist estimates of 573,000 jobs. The U.S. unemployment rate fell...

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded slightly higher Friday morning after the Labor Department reported a strong rebound in the U.S. jobs market in October. The U.S. added 531,000 jobs in October, exceeding consensus economist estimates of 450,000 jobs. The U.S. unemployment rate fell...

The SPDR S&P 500 ETF Trust (NYSE: SPY) dipped lower Friday morning after the Labor Department reported one of the most disappointing monthly jobs reports in recent history. The U.S. added just 235,000 jobs in August, falling well short of consensus economist estimates of 720,000 jobs. The...

For some, it could be a few thousand dollars. For others, it could be a catastrophically large amount of money. Jay Pestrichelli and Wayne Ferbert, co-authors of Buy and Hedge: The 5 Iron Rules for Investing Over the Long Term, know this better than anyone. "I don't know any really good self-...

Are the winners and losers of Wall Street really that different from each other? Jay Pestrichelli and Wayne Ferbert, co-authors of Buy and Hedge: The 5 Iron Rules for Investing Over the Long Term, have learned that they are all too similar. When the former TD Ameritrade (NYSE: AMTD) executives...

Investors love to celebrate a big win. But if a massive risk was taken to get there, they might want to think twice before throwing a party. Jay Pestrichelli and Wayne Ferbert, co-authors of Buy and Hedge: The 5 Iron Rules for Investing Over the Long Term, said that they frequently speak to...