Earlier today there was a trade in the IWM that caught my eye (I will discuss below), largely because the small cap ETF that mirrors the Russell 2000 index has shown very dramatic relative strength …
Continue readingSince the spring, the USD has been weak vs. developed markets and strong vs. emerging markets. On an overall basis, that adds up to weak, since most of the currency volume is in the big, …
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MorningWord 9/27/13: Its kind of ironic that as the Feds are in the midst of a massive hedge fund insider trading crackdown, one of the largest “insider” trades happened in plain site for all …
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Nike and Accenture are both $50 billion plus market cap companies that both have more than 50% of their sales outside of the U.S. These two multinationals both reported yesterday after the close, with seriously …
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The CBOE Put/Call ratio closed at 0.70, only the third time this year that it has closed at that level or lower. SPY – The Dec31st 190 calls traded over 250k at around 0.09 to open. …
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Global markets were most focused on U.S. Congress because the budget debate continues ahead of the Sept. 30th deadline (not to be confused with the debt ceiling debate that has a mid-to-late October deadline). U.S. …
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Earlier today we previewed NKE’s fiscal Q1 due out after the close, my conclusion very simply is that the company is executing very well in a difficult environment, but per their conservative fiscal 2014 guidance …
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This is the second in our new series of Deep Dive posts. GRPN seems an appropriate choice given its roller coaster ride over the last 2 years. Technicals: GRPN IPO’ed in late 2011 to abundant …
Continue readingAT&T is one of the few large cap stocks in the S&P 500 that we view as decent fundamental value. It’s a 14 P/E with 7-8% earnings growth expected over the next 2 years, and …
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Event: NKE reports its fiscal Q1 earnings tonight after the close. The options market is implying about a 4.5% one day move, which is below both the 4 qtr and 8 qtr averages of about …
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