“This is just like the last 2 years.” “Leave it to Europe to mess up our markets again.” “If Europe would just get its act together, global markets are ready to rip.” This type of …
Continue readingUpdate AZO – Sell Jul 360 puts to close at $9.80, June 28th at 12:20 pm: I just sold my AZO Jul 360 puts that I’m long for $9.80. I initiated the AZO Jul 360/330 put spread …
Continue reading
I hate doubling down. It usually means throwing good money after bad. After losing so many times as a trader, you eventually learn to stop. So I almost never double down. Today I am making …
Continue reading
Bloomberg The U.S. economy grew 1.9 percent in the first quarter, reflecting a gain in consumer spending that now shows signs of cooling as the labor market weakens. The revised gross domestic product reading matched …
Continue reading
MorningWord 6/28/12: Today in Brussels leaders of the EU nations will meet for a 2 day summit to discuss measures to stem what is now becoming an annual summer ritual in the region, a good ol fashioned debt crisis! …
Continue reading
Fascinating price action yesterday. It was the quietest day in volume terms since March, the day before the EU summit. Some big year-to-date winners like CMG, PNRA, AZO, TJX, HOG, FDO, DG, and the list …
Continue reading
Here’s a look at something I’ll be discussing on Fast Money tonight. AAPL‘s stock has gone side-ways as MSFT and GOOG have introduced tablets in the last 10 days, not that surprising I suppose as these 2 …
Continue reading
Wed 27 Jun 12 | 03:30 PM ET – Shares of Lennar are rallying after the third largest homebuilder posted better than expected earnings, with Enis Taner, RiskReversal.com, and Kenneth Zener; Kenneth Zener, Keybanc Capital …
Continue reading
The weakness today in consumer discretionary names like UA, RL, TIF, CMG, PNRA, on what appears to be a fairly broad rally today, got me scanning for other stocks that I think could be vulnerable …
Continue readingHere’s a preview of what I’ll be discussing on Talking Numbers today between 3:20 and 3:30 pm CNBC: LEN reported strong earnings this morning and is having a nice up move along with the entire …
Continue reading