The Russia hate has been piling on pretty hard over the past week. Russia and Mr. Putin have over the news headlines after the Ukraine invasion. Along with it, Russian markets have tanked and the …
Continue reading
We had discussed a potential long side trade on QCOM over the past week, but did not pull the trigger. Well, at 7:30 am EST this morning, QCOM boosted its share buyback by $5 billion …
Continue reading
In a day that saw generally risk off activity, there was some interesting options activity that suggested some market participants were closing bearish bets or monetizing hedges in ETFs and Index options that dominated most …
Continue reading
Back in mid January there was some unusual options activity in HLF that led many to believe that it was Pershing Square’s Bill Ackman levering up his well documented short position. To refresh we highlighted …
Continue reading
U.S. auto bulls are hoping that the late Feb strength exhibited by GM’s monthly sales release this morning will carry over into March. That would stop the streak of consecutive year-over-year monthly declines in auto …
Continue reading
AZO reports earnings on Tuesday morning, March 4th, before the market open. This stock has fascinated me for the past couple years because of the steadiness of its uptrend. The monthly chart continues to amaze: …
Continue reading
Russia essentially invades Ukraine on Friday, so financial markets are reacting strongly this morning. A few general themes from the overnight price action: 1) Equities lower, Europe more than Asia. Notable that the biggest losers …
Continue reading
Macro ETFs dominated the options volumes on Friday, as stock volumes were the highest in several weeks on month end flows and rebalancing. 1. SPY – Hit a new all-time high before closing close to flat …
Continue reading
Here is a quick recap of all of the trades that we initiated, closed, managed, expired and considered (Name That Trades) in the week that was Feb 24th – Feb 28th:
Continue reading