Since WYNN’s parabolic rise of about 50% from the December 2013 lows to the March 2014 all time highs, we have taken a fairly dim view of the stock’s prospects. The stocks’s ascent had been …
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Curb Your Enthusiasm for the US Dollar As one walks through the global financial markets forest there is nary a US Dollar bear to be seen. Abenomics has failed to stimulate the Japanese economy and …
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We’ve gotten a lot of questions about GPRO in the past 2 days as the stock has squeezed higher in incredible fashion. GPRO is now a $11.5 billion market company trading at over 100x P/E …
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So this is probably where you start hearing the term de-coupling again. Yes I know, that’s so 2011/2012, when it was commonly used to suggest that the U.S. could weather the European sovereign debt crisis, …
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A couple weeks ago when EBAY spiked on rumors of an interested party in their Paypal unit, we look at ways to play the laggard from the long side as we felt that, despite the …
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After gapping down nearly 1%, the SPX clawed back to nearly unchanged by the close. Options volumes lighter than last week (Note: the VIX trade referenced earlier was a fat finger, so that trade was …
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I think it is safe to say that the Federal Reserve’s policy of zero interest rates was largely intended to stimulate economic activity. However, another consequence for corporate America was the potential for massive financial engineering …
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Today is the first day of trading for BABA. The company sold shares to fund managers (let’s be honest, it was not really an initial “public” offering) at $68 on the evening of September 18th. Since then, …
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I know a lot of people that get emotionally attached to consumer stocks they own. They love the product, they buy the stock and for a while they are a happy customer and investor. Many …
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10 days ago, we intiated a short biased range trade (below) in Mastercard (MA) that looked to take advantage of a spike towards the top of its recent range and the assumption that it would pull …
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