MorningWord 10/4/12: Since VZ broke AT&T’s stranglehold on the iPhone back in early 2011, and Sprint joining the party late last year, there has been a lot of talk about AAPL’s ability to command such …
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MorningWord 10/3/12: Where the heck are some of these stocks trading at all time highs going from here?? There was a time when short term momentum trading kept me busy for most of the day, …
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MorningWord 10/2/12: The financial media gets really geeked up about headlines like this one yesterday from Bloomberg: *GOOGLE’S MARKET CAP SURPASSES MICROSOFT IN EARLY TRADING. The truth is, aside from the 24 hour financial news cycle, …
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MorningWord 10/1/12: When previewing NKE’s Q3 earnings report last week we mentioned that we thought it was curious that the company, the week before their report, announced a share repurchase program of $8 billion, …
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Event: NKE reports Q3 earnings Thursday morning after the close. The options market is implying about a 5% move, which is right in line with the 4 quarter avg of 5%, and slightly below the 8 …
Continue readingTwo charts caught my eye in my sweep through the papers and the blogosphere this morning. They’re not charts that have any immediate implications, but rather show a longer term picture of slowing growth consistent …
Continue readingTrade Update 2: Friday Aug 3rd, 2012 at 2:45 pm With the market’s resilience, a lot of my August premium has moved a lot lower today. There is not much to do on those positions …
Continue readingTrade Update: Tues July 24th, 2012 at 3:20 pm ORLY is down another 2% today ahead of its earnings report tomorrow. Given that it already pre-announced, I don’t expect fireworks from the report. But the …
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I had never looked at O’Reilly Automotive until it pre-announced weaker Q2 revs and earnings expected to be at the low end of the company’s previous guidance for Q2 back in late June and caused my AutoZone put spread …
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First things first. I wish I still had my weekly SPY calls for my European summit hedge. Foolish me. Hindsight is of course 20/20, but it was the right way to protect my positions in …
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