This morning I highlighted the break in trend in the S&P 500 (SPX): Two weeks ago Crude Oil broke its year-long uptrend, and is now down more than 10% on the year and nearly 14% …
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As the market ticked up to new all time highs in March we focused on a couple of sectors we thought were ripe for a pullback. We positioned bearishly in XLU, XLV, and XLI with …
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For the last couple months In my Monday morning post I have included the implied weekly movement for the etf that tracks the S&P 500, the SPY. For every week in February and March, the implied …
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On February 17th we detailed a bearish strategy in the etf that tracks the S&P 500, the SPY (SPDR Senses Tingling), when the SPY was trading very near where it is at the moment. Here was …
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Last week, the cloud software provider Adobe Systems (ADBE) reported better than expected results and guidance, per Barron’s Online: Revenue in the three months ended in February rose 12%, year over year, to $1.68 billion, yielding EPS …
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I have no idea what to expect from today’s possible House vote on the AHCA, intended to “repeal and replace” the ACA. And your guess is as good as mine as to what ultimately happens …
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CNBC.com highlighted an interesting fact this morning about investor sentiment. The last time we had levels of optimism this high was in November 2000: Investor sentiment jumped to a 16-year high in the first quarter, …
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Nike (NKE) and Fedex (FDX) are on the move today after earnings releases. We previewed both events this week and detailed some trade ideas for those long the shares or wishing to be long with …
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Yesterday I spent most of my day away from my screens, it was quite refreshing to be honest. As you are likely aware, the S&P 500 (SPX) had its first 1% plus decline in 109 …
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FedEx Corp (FDX) will report their fiscal Q3 results tonight after the close. The options market is implying about a 4.5% in either direction vs the 4 quarter average one-day post earnings move of only …
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