Dan has a good outline of the data-packed week ahead. It’s a heavy earnings and macro calendar as we turn the calendar from April to May. On a macro basis, I’m most curious what Super …
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MorningWord 4/29/13: As a trader focussed on single stock stories, earnings season is obviously the main event 4x a year where corporate transparency is expected to be at its highest. While I spend most of my energy listening to and reading individual …
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Here is a quick recap of all of the trades that we initiated, closed, managed or expired in the week that was April 22nd through April 26th:
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Here is a preview of what I will be discussing tonight on Options Action on CNBC at 5:30pm est: In a stock market that screams BULL, there have been few large cap stocks that have …
Continue readingIn the past week, there have been a spate of upgrades in the housing sector following decent earnings numbers from DHI and PHM. Homebuilders have rocketed higher from their lowest levels in 2013, and are …
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Calmer markets have returned. Even though it’s been a low volatility environment for essentially all of 2013, the correlation of volatility has been quite high. That’s to say, vol has risen together for most asset …
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Update April 26th, 2013 at 10:40am: Since initiating a bearish short dated trade on JNJ on April 12th (below), the stock has risen ~3% vs the SPX which is down about 30 bps. Let the defensive out-performance …
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MorningWord 4/26/13: The SPX’s strong performance out of the gate in 2013, despite early fears of fiscal cliff, sequestration and questions regarding the strength of the global recovery have made it a tad difficult for equity investors …
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One of the better analysts of historical price action is Ukarlewitz at the Fat Pitch Blog. Yesterday he tweeted an interesting chart comparing developed market economic surprises vs. the relative performance of U.S. stocks to U.S. …
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George Soros just announced a 8% passive stake in JCP, and the stock is trading up about 7%. We discussed a potential long position in JCP today, and here were the thoughts we wrote up …
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