Last Friday, on CNBC’s Options Action, my friend Carter Worth from Oppenheimer made the case why Auto stocks could follow the year to date under-performance of homebuilder stocks, specifically he focused on F, and made …
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Q2 earnings season as a whole was a fairly mixed bag, with the latter part marred by downbeat results and visibility from consumer facing companies like ANF, COH, RL, M, TGT & PNRA, which caused …
Continue readingAIG made headlines last month when the most recent 13-F filings showed that it had become the most widely held long position among large hedge funds, according to Insider Monkey, surpassing AAPL for the honor. …
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The market opened down, following through on a rough day yesterday, tested the 1500 level in the SPX several times and settled just above at the close. Here are some of the notable trade in …
Continue readingHere’s a preview of what I’ll be discussing on Talking Numbers today around 3:20 to 3:30 pm EST on CNBC: Now that AIG is free from the government ownership overhang, how does the stock’s prospects …
Continue readingTrade Update Oct 12th 2012 at 11:54 am: With financials taking a breather on WFC and JPM’s results this morning, I am going to close out the balance of my AIG Jan 35/40 Call Spread …
Continue readingTrade Update Oct 4th 2012 at 11:35 am: Since buying this Jan Call Spread over 3 weeks ago, AIG has rallied about 5%, and the spread is worth about 35% more than what I paid. …
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Overnight, the U.S. Treasury sold $18 billion (or about 554 million shares) of their stake in AIG, leaving about 317 million shares. Shares most expect the Govt to exit by the end of Q1 2013, …
Continue readingLast night the U.S. Treasury announced that they will be parting with almost half of their remaining stake left over from its bailout of the company almost 4 years to the date. What’s fascinating about the price performance of …
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MorningWord 8/21/12: Oh Facebook, we hardly knew ya. You had about a half hour of glory before the “machines” f’d it up for all the instituions who were looking to flip their IPO allocations to …
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