The homebuilding stocks have been whacked in the past couple months. They can’t buy a bucket even with the broader market holding up quite well. We haven’t liked the homebuilders on a fundamental basis for …
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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 July 22nd through July 26th:
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Enis got the solar industry on our radar a few months ago with this piece. His point, which I agree with is that the solar industry is on the verge of mainstream, and like the …
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VIX spot is basically unchanged compared to last week, but VIX futures continued lower. Last week’s weekly range in the SPX was between 1672 and 1693, and this week’s range was between 1676 and 1699. …
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AAPL’s earnings move higher has taken the stock back above the $435 pivot level. The bull/bear arguments are similar. Bulls point to the capital return strategy, attractive valuation, and business stabilization, with potential second-half catalysts …
Continue readingFB’s move yesterday was a sight to behold. And it came on one of the biggest single stock volume days in the history of the U.S. stock market (366 million shares, or about 20% of …
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MorningWord 7/26/13: High profile earnings and the stock’s subsequent reactions were across the board this week, and frankly from a 30k foot view, they were not very helpful to those looking at U.S. corporate earnings …
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Since this is the Macro Wrap, I wanted to get away from earnings for a moment to set the table for the very busy economic calendar over the next 2 weeks. First and foremost, the …
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Tech dominated option volumes today, with FB very active after its huge move. FB – Over 900k calls traded, and almost 550k puts. The weekly 34 calls, Sept 35 calls and Jan14 30 calls were the …
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July 25th, 2013: Back in mid June I bought ZNGA (MorningWord below), and at the time I laid out a 3 legged option trade structure on Options Action (below) that I was looking to trade …
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