Since it’s a quiet half day session today, and we don’t want to read too much into price movements on a low volume holiday week, we decided to preview the busy calendar that is on …
Continue readingMorningWord 11/29/13: “When the Cats Away the Mice Will Play”…we have all heard that expression as it relates to mischievous behavior, but never is it more applicable in the markets during holiday weeks. For those …
Continue readingI termed Chinese internet stocks the “Oasis in the Desert” in this Macro Wrap post in June. We expect attractive Chinese investment opportunities to remain few and far between in the coming years due to …
Continue readingDaily Options volume continued to be light heading into Thanksgiving tomorrow and half day of trading on Friday. Total options volume trailed the recent average by almost 20%. Despite quiet trading, these were the large …
Continue readingIn case you haven’t noticed, we’ve been targeting some of the high fliers lately as it looks like their parabolic run has come to an end, at least for the time being. We’ve generally targeted …
Continue readingMorningWord 11/27/13: While the major equity indices all hovered above nice round numbers yesterday (SPX 1800, Nasdaq 4000 and Dow 16,000), one of the largest Tech stocks in the market quietly went into and quickly …
Continue readingLike many other speculative investment themes in 2013, the 3-D manufacturing sector has been on fire this year. For the uninitiated, check out this great 6 minute video from the Economist, by way of the …
Continue reading1. XLF – largest single option block that traded today was a buy of 161,000 Dec 22 calls with the buyer paying .13 to open when the stock was 21.57 when the etf was just …
Continue readingYesterday we closed a losing bullish trade in EBAY as the stock broke-down below a fairly important technical support level that it had bounced of 5 times this year at $50 (red line below). The …
Continue readingWe previewed HPQ’s fiscal Q4 earnings release yesterday morning. Our key takeaway from that preview: HPQ is one of the best performing hardware stocks of 2013. That strong outperformance is largely a function of dismal …
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