With the market touching new highs and shrugging off all the threats that sent it down in January, it’s time to check in on some of the short delta positions we’ve placed and see whether …
Continue reading
Comcast’s bid for Time Warner Cable has led to a war of words in the TV industry. The tie up of two of the largest U.S. cable providers has led to antitrust concerns. It has …
Continue reading
This morning, Home Depot reported Q4 earnings that were above expectations despite numerous headwinds, including weak housing data, a higher mortgage rate environment and nasty weather for much of the country. While same store sales …
Continue reading
I wrote the following in a Macro Wrap post on Sept. 17, 2013: The S&P 500 index makes a new high. Numerous divergences exist. The market continues higher, rendering those divergences meaningless. Eventually, there is …
Continue reading
Below is a list of some of the more interesting options blocks that traded on an otherwise quiet day in the options pits: 1. SUNE – made new four and half highs today and options …
Continue reading
After CAT’s false start in 2013, culminating in a 20% drop from the Jan highs to the April lows, traders were locked in a sort of bull bear tug of war where the bears were …
Continue reading
EBAY hit its highest level since late September this morning after Carl Icahn criticized EBAY’s board in a letter to shareholders, continuing to push for a spin-off of PayPal, as he first stated in January. …
Continue reading
Colgate-Palmolive is a consumer staples company that lives up to that description. Colgate has grown sales for the past 10 years (flat in 2009) at a rate of 0-15% in each year. Earnings have grown …
Continue reading
Here’s our next addition to our investment portfolio:
Continue reading
SolarCity (SCTY) reports their Q4 results tonight after the close, and the options market is implying about a 12.5% one day move tomorrow, which is a tad shy of the 13.5% average as a public …
Continue reading