2015 started with the promise that lower oil might heal the ills in our low growth economic recovery. This has obviously not been the case in many sectors, and particularly in our consumer led economy with …
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If your Christmas clean up was like mine, it consisted of breaking down Amazon.com boxes. Ten years ago when I started as a Prime member, my wife and I didn’t say a word to anyone …
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In this weekend’s Barron’s there was a great QnA with the CIO of Bessemer Trust, Rebecca Patterson that is well worth a read, Why Bessemer Trust’s Chief Investment Officer Is Still Bullish. An answer to a …
Continue readingHere is some generally directional, untied options activity that caught my eye during Monday’s trading: 1. AAL – about an hour before the close a trader paid $4.55 for 30,000 Jan 40 calls and sold …
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Here is some generally directional, untied options activity that caught my eye during Wednesdays trading: 1. AIG – saw a very large bullish roll when the stock was $55.28 a trader sold to close 43,000 Jan16 …
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A couple of weeks ago we wanted to make a near term defined risk play that the slightest bit of stabilization in the price of crude oil would cause a sharp reversal in airline stocks. …
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UAL, up from $40 in October to nearly $70 into its recent earnings has certainly commanded our attention. We get the reasons why investors continue to bid up Airline shares, but don’t exactly agree with said …
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Yesterday, I outlined my bearish thesis for United Airlines (UAL) going forward, and wanted to wait for this morning’s Q4 report before expressing the view. With the earnings and guidance out, and the stock up, …
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The first reaction to Ebay EBAY’s Q4 report and disappointing forward guidance last night was a quick 5% decline. That was until headlines hit that activist investor Carl Icahn (who set his sites last year …
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On last night’s Fast Money on CNBC, we had a fairly spirited bull / bear debate on owning the airlines. I was on the bearish team, watch here: I think both sides made some very …
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