Economic data releases are front and center this week. The economic calendar in the U.S. includes personal income and spending data today, the ADP employment report and ISM manufacturing reports on Wednesday, and non-farm payrolls …
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Last week was the first week since June 2013 that the S&P 500 index moved more than 0.5% in either direction on every single day. 5 day realized volatility (in orange below) is nearing 20, …
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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 Sept 22nd – Sept 26th:
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So far this week, the S&P 500 index has moved more than 0.5% (in either direction) in each trading session. If the index moves more than 0.5% today, it will be the first time since …
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Last month I initiated a trade in Nike (NKE) that would help finance the purchase of longer dated calls in anticipation of a potential breakout following last night’s fiscal Q1 earnings (read here). The thesis …
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The offshore drilling sector has been absolutely decimated in the past 2 months. RIG and ESV, the largest two of the group (aside from Seadrill in Europe) are both down more than 25% year-to-date, and …
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This is not a market call, just an observation, but I suspect in years to come we will remember this past week as a sort of sentiment top for the greatest leg of a relentless bull …
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Macro ETFs comprised the vast majority of options volume on Thursday, as yesterday’s decline was only the 5th drop of over 1.5% in the S&P 500 index in 2014. 1. VIX – VIX spot closed above …
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Over the course of 2014 we have taken a shot with long exposure in Qualcomm (QCOM) on a couple of occasions, with little to show for it. The stock has been a massive under-performer to the …
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NKE reports its earnings after the close, and the stock sits just below the crucial $80 breakout level as I type. In fact, that stock has moved below $80 for the first time since the early September …
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