The tech sector was the strongest today, and call buying was concentrated there. QQQ – Technology has been a strong outperformer this week, and QQQ made a new high today. The June 71 calls traded over …
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For those of us who are a bit skeptical of committing new capital to equities, particularly in the U.S., we find ourselves in a bit of a tight spot from a trading perspective in the current environment as major indices once …
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Health insurance is not a glamorous business. It’s widely blamed, rarely praised, and viewed as a scourge on the American economy. It’s believed to drive up costs for all, and encourage suboptimal health outcomes at …
Continue readingBBY is breaking out to new multiyear highs today on the news that it sold its European business to Carphone Warehouse. This stock has been on an amazing run in 2013, more than doubling in …
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MorningWord 4/30/13: Last night HLF reported their Q1 results that were better than expected and guided the full year eps slightly above the current mid point. While the stock has garnered a lot of attention …
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A chart making the active rounds in the blogosphere for the past month is an illustration of margin debt on the NYSE nearing the July 2007 record. The first time I saw it was about …
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A few single names dominated most of the options volume. AAPL – The stock has seen ample accumulation in the past week, as evidenced by the strong stock volume. Options volume less robust, but call to …
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Event: FB will report their Q1 earnings after the close on Wednesday May 1st. The options market is implying about a 8.5% move vs the 3 qtr avg of about 10.5% (the May 3rd weekly …
Continue readingThe promise of the Internet has finally panned out, but far after the initial investor euphoria in the late 1990’s. The Internet WAS the future back then, just not as soon as the dot-come investor …
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Event: HLF reports Q1 earnings tonight after the close. The options market is implying about a 8% move, which is just below the 4 qtr avg move of ~8.5% and the 8 qtr avg move …
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