In case you missed it, on Friday, Q4 2015 GDP was revised, per Bloomberg: Another Bloomberg story, dissecting the Q4 GDP, lays out a concern: Yet beyond the headline number, there is a reason for some …
Continue readingThe Energy Select etf (XLE) has had a nice bounce from the lows of earlier this year, largely driven by a stabilization in energy prices that had been steadily declining over the past two years. …
Continue readingAs the rally from the February lows started to get a little long in the tooth we tried to be patient in targeting sectors for a pullback from the recent highs, as they seemed to …
Continue readingAuto stocks came into the sights of a trader who made an out of the money defined risk bearish bet in both Ford and General Motors: Ford (F) – When the stock was $13.39, 10,000 of the May 11.75 …
Continue readingYesterday we detailed trades into two earnings events, Nike (NKE) and RedHat (RHT). The two stocks have nothing to do with eachother other than they were both reporting on the same day. But I wanted …
Continue readingOn CNBC’s Fast Money, my co-panelist Tim Seymour and I have had a little back and forth of late on the notion that some market participants/pundits (not me) confuse the volatility in the Chinese stock …
Continue readingEvent: Infrastructure Software vendor RedHat (RHT) reports their fiscal Q4 results after the close. The options market is implying about an 8% one day move which is very rich to the 4 qtr average of …
Continue readingYesterday, Dan previewed Nike (NKE) fiscal Q3 earnings due after the bell today and highlighted a large trade that went up in the options market. To recap, here was that large trade: When the stock …
Continue readingFirst things first, days like today have become all too frequent in the last 15 years, where we wake up to news that shakes our humanity. While Brussels, San Bernardino, and Paris capture the news cycle for …
Continue reading[br] The Shanghai Composite has staged a bit of a stealth rally, despite continued weak economic data, closing last night at a two month high, above the nice round number of 3000, up about 15% …
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