3rd Trade Update March 23rd, 2012 at 9:20am: NKE is trading up a tad in the pre-market after what I would describe as slightly less than a barn burner as it relates to their Q3 …
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Yahoo Finance Broad market futures are essentially flat, despite renewed weakness in Europe. Such listless action leaves the S&P 500 on pace for a weekly loss of almost 1%. That would mark only the first …
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MorningWord: 3/23/12: Yesterday’s 72 bps decline in the SPX, the second worst performance of the year so far was less than scary when you consider that we are only down about 1.5% from the multi-year …
Continue readingTrade Update March 22nd, 2012 at 3:30pm: With earnings just 30mins away I have altered my postion a bit. Previous trade from March 9th: NKE $110 Buy Apr 105/100 Put Spread for .90 -Buy 1 Apr …
Continue readingTrade Update March 22nd 2012: A little more than a month ago I suggested that the easy money might have been made in some of the Banks, and was obviously a bit early on that, but …
Continue readingTrade Update March 22nd, 2012 at 12:30am From DAN: I want to take the opportunity to adjust this trade structure a bit, taking into account the different prerogatives of many of our readers. Very infrequently, if ever, …
Continue readingTrade Update 2: March 22nd 10:30am With ORCL selling off to near its 50 day moving average (28.87) we’re selling the April 29 puts from the straddle/strangle trade at 75c. We’ll hold onto the April …
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TOL vs. PHM Housing has been a sector of focus to start the year given the rocket start after many years of depressed sentiment and share prices. Similar to the idea that we mentioned in …
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European markets are quite weak. There are concerns again about Italy and Spain as Italian unions organize against Monti’s liberalization measures and Chinese concerns continue to linger in the background. This week’s price action finally …
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MorningWord: 3/22/12: Yesterday’s price action in equities had the makings of being one of those sleepers, until late in the day, just when it looked like the SPX was going to close on the highs of …
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