About Andrew Hecht
Andrew Hecht is a sought-after commodity and futures trader, an options expert and analyst. He is a top ranked author on Seeking Alpha in various categories. Andy spent nearly 35 years on Wall Street, including two decades on the trading desk of Phillip Brothers, which became Salomon Brothers and ultimately part of Citigroup. Over the past decades, he has researched, structured and executed some of the largest trades ever made, involving massive quantities of precious metals and bulk commodities. Aside from contributing to a variety of sites, Andy is the Editor-in-Chief at Option Hotline.
Recent Articles By Andrew Hecht
What Does A Huge Jump in Capital Gains Taxes Mean for Tech Leaders?
The President is looking to increase the capital gains tax for those earning over $1 million per year. With some of the top tech companies such as Apple (AAPL), Amazon (AMZN), Alphabet (GOOGL), and Microsoft (MSFT) seeing massive gains over the past year, what does an increase in capital gains mean for investors holding those stocks. Read more to find out.
1 No-Brainer ETF to Buy in This Low Interest Rate Environment
The Financial Select Sector SPDR Fund (XLF) holds a portfolio of the top U.S. companies that are involved in financial services, insurance, banking, capital markets, mortgage real estate investment trusts, consumer finance, thrifts, and mortgage finance. The XLF fell to a long-term low in March 2020, but it recovered to a higher all-time high over the following year. Based on the Federal Reserves’ continued commitment to a low interest rate environment, we think the fund’s earnings will continue to be fueled and that continuing to bet on a diversified portfolio of financial stocks could be beneficial. Read on.
Should You Buy the Dip in Riot Blockchain and Marathon Digital Holdings?
Marathon Digital Holdings (MARA) and Riot Blockchain (RIOT) are two crypto miners which have endured heavy losses in the past couple of weeks. Should you buy the dip? Andy Hecht breaks it down.
Is Higher Gasoline Demand Bullish for Valero?
The demand for gasoline is increasing. That demand is likely to increase even more as people get vaccinated and hit the road this summer. What does this gasoline demand mean for a company like Valero Energy Corporation (VLO) and its stock price? Read more to find out.
OPEC Likely to Keep Tapering Production Cuts
Andy Hecht looks at the oil supply situation. OPEC is expected to taper its production cuts, while US production is expected to remain weak. This means that higher oil prices are likely in the future.
Should You Buy Coinbase After a Correction?
One of the biggest stories this year has been the rise of crypto currencies such as Bitcoin, Ethereum, and now Dogecoin. Coinbase (COIN) serves as a platform for digital currency trading. The company recently went public, but should you invest in its shares? Read more to find out.
If Silver Heads Higher, Silver Miners Could Explode
With gold trending higher, is silver next? Silver prices tend to follow gold, which means the metal could see higher prices in the weeks ahead. Silver mining stocks typically outperform silver, which is why Andrew Hecht is recommending the ETFMG Prime Junior Silver Miners ETF (SILJ).
Here's How to Take Advantage of the Dip in Solar Stocks
Solar stocks have endured a significant correction since mid-February. Over this period, the Invesco Solar ETF (TAN) is down by 33%. Andy Hecht explains why investors should consider buying the dip.
Microsoft And Apple: Buy on the Dip?
Microsoft (MSFT) and Apple (AAPL) are two of the largest companies in the world with a combined market cap of over $4 trillion. Both offer long-term growth prospects, but are trading at high multiples. Should you buy on the dip? Read more to find out.