Apple‘s stock rallied a little more than 3% today, matching a 2 week high in the stock on the announcement that: Apple® CEO Steve Jobs and a team of Apple executives will kick off the …
Continue readingOn Friday’s Option Action Mike Khouw and Carter Worth laid out a bearish thesis and trade structure in NKE.
Continue readingSeeking Alpha Today’s Markets In Asia, Japan +2.0% to 9694. Hong Kong +2.2% to 23684. China +1.4% to 2744. India +1.5% to 18503. In Europe, at midday, London +1.0%. Paris +1.5%. Frankfurt +1.9%. Futures at …
Continue readingBear with me here as this is a bit of a “think piece”, but I promise there will be some trade ideas later today! I assume by now that faithful readers of this site don’t …
Continue readingFriday’s Economic Calendar (Seeking Alpha) 8:30 Personal Income and Outlays 9:55 Reuters/UofM Consumer Sentiment 10:00 Pending Home Sales 10:30 ECRI Leading Index Notable earnings before Friday’s open:MENT, SDRL Earnings: Last Night Marvell Technology Group (MRVL): …
Continue readingNot a great week for the economy, in my opinion, as most of the data reinforces my belief that we will most definitely see a slowdown in economic activity in the 2nd half of this …
Continue readingSome Trades that I am closing: FROM MAY 24th 2011: TRADE: COSTCO (82.30) With stock at lofty levels I agree with my Options Action friends and with the stock a little higher I bought the …
Continue readingDavid Einhorn, hedge fund manager and President of Greenlight Capital laid out his dislike for Steve Ballmer’s management of MSFT at the Ira Sohn Investment Conference yesterday…..This is likely to set up as an epic …
Continue readingS&P Futures: 1316.5 -0.10 Last Updated: 08:34:55 AM Thursday’s Economic Calendar (Seeking Alpha) 8:30 GDP Q1 8:30 Initial Jobless Claims 8:30 Corporate Profits 10:30 EIA Natural Gas Inventory 1:00 PM Results of $29B, 7-Year …
Continue readingUpdate May 25th, 2011 @ 1:34pm: see IBM July Put Spread Below NTAP reports tonight after the close….Options market is implying about a 6% move which is basically inline with the 8 qtr average move …
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