Trade Update, August 29th, 2012, 12:55 pm: ENIS: As I wrote on the August 14th update, I initiated the GRPN with the hope of making 0.25 to 0.30 in a good scenario, and losing 0.05 …
Continue readingWe wanted to take the time to go over two trades, the DELL we just closed and the INTC that we continue to look at. In DELL, we put on the trade for a net …
Continue readingThis is what the VIX Futures term structure looked like last Wednesday when I posted: Let’s compare that to today: There are only a few small differences in the past week. …
Continue readingTrade Update Aug 29th: With DELL just under 11, I’m going to take this opportunity to sell this position out at 18c for a double. This trade will make more money of the stock can …
Continue readingMorningWord 8/29/12: What have Chinese Central Bankers learned since the global financial crisis of 2008/2009 that their counterpart in West have not? I guess both learned a lot about the use of such artillery like Bazookas, both …
Continue readingReuters The U.S. economy fared slightly better than initially thought in the second quarter, but the pace of growth remained too slow to shut the door on further monetary easing from the Federal Reserve. Gross …
Continue readingThe first thing I noticed when I turned on my market monitor this morning was the movement in emerging market currencies. Given that the whole market has been dormant for the past 3 weeks, it’s …
Continue readingEvent: JOY reports Q3 tomorrow before the bell, the options market is implying about an 8% move which is rich to the 4 qtr avg move of about 6.25% and the 8 qtr avg move …
Continue readingHere’s a preview of what I’ll be discussing on Talking Numbers today between 3:20 and 3:30 pm EST on CNBC: ALL and TRV are two property-casualty insurance stocks that have both recently hit new …
Continue readingMorningWord 8/28/12: While AAPL and FB have seemingly caught most of the headlines in Tech this summer, PC weakness stole a little bit of thunder with less than stellar results and outlook from DELL and …
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