July 31 (Bloomberg) — Zacks.com Senior Energy Strategist Jared Levy discusses his options play for Chesapeake Energy on Bloomberg Television’s “Lunch Money.” (Source: Bloomberg)
The S&P 500 has surged more than 18 percent this year, with its only meaningful pullback a late-May to late-June panic over fears that the Federal Reserve might pull the plug on cheap money earlier than expected. Beyond that, the market seems perfectly willing to ignore profit reports that signal a dismal quarter behind…