This is reposted from the Options Action Trader Outlook newsletter. If you would like to subscribe to the show’s emails go here. Trader Outlook Dan Nathan, Options Strategist, http://staging.riskreversal.com Forget Buying “Best Of Breed”, …
Continue readingFirst, my usual disclaimer about currency trading through equity options: I am no expert on currencies or macro trends and profess no specific expertise to correctly forecast them ….So there, I said it, but every …
Continue readingStubbornness in the face of a very certain discipline didn’t end well for “Cool Hand Luke” and will most certainly not end well for our elected officials in their politicking for a deal on the …
Continue readingWaPo House and Senate leaders were preparing separate backup plans Sunday to raise the federal debt limit after another day of intense negotiations failed to break a partisan impasse that threatens to throw the government …
Continue readingWSJ Next week includes another batch of crucial earnings. The reporting season has been another strong one, but forward guidance has been a mixed affair. Stocks generally have trended higher, but the debt-ceiling debate will …
Continue readingHere’s a quick update on the progress, or lack thereof, on the debt ceiling vote. Washington Monthly A few weeks ago, White House officials told congressional leaders that waiting to the last minute, or even …
Continue readingIf you are a politician in the U.S. or Europe then the pressure is on and it isn’t even re-election season yet. European leaders “averted” Greece’s default with a massive $100 billion bailout, while our …
Continue readingMS is trading up almost 5% on this morning on earnings results that topped analyst expectations (albeit dramatically lowered ones)……The reversal off of 5 2week lows by BAC and GS tuesday and the strong relative performance by WFC …
Continue readingWSJ Economics: 8:30 a.m. (All times EDT): Jobs getting better? We’ll find out this morning with the weekly report of Initial Jobless Claims. Economists expect 405,000 fresh claims, preciously close to the crucial sub-400K level. …
Continue readingI am taking this one off at 1.05 for a very small gain, and frankly only break-even after commission. Here is the deal, I played for a big move lower on earnings, and while the …
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