Doug Kass of Seabreeze Partners earlier issued a Tweet-memo to “talking heads”: Memo to all the “talking heads” in the business media: 20K in the DJIA is meaningless. It is meaningful to those that need …
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Heading into the $AAPL earnings we detailed two trades ideas to define risk and one to play for a move lower. I wanted to look at how those trades stand with the stock lower and …
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This morning we previewed Apple’s (AAPL) earnings due after the bell today. Do read the whole thing, but for now, here were some closing thoughts: So for now, I suspect that at current levels a Q1 …
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To state the obvious, positive returns in U.S. equity markets were hard to come by unless you were invested in a couple dozen large cap growth stocks. And from a trading perspective it was a fool’s …
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On December 1st we got a glimpse at a nice November auto sales print that was inline with expectations. That got us looking at General Motors which had seen a really nice rally from both …
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A little over 2 weeks ago we placed a bearish trade in General Motors (GM), fading its recent strength and targeting a 50% retracement of the move back from the rally that started in October. …
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Auto sales have been on fire in 2015, November data reported this morning places this year’s SAAR very near the estimate of 18.2 million, the highest annual total since 2005. Consumers are taking advantage of aggressive promotions, …
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We have had no shortage of questions recently on how to play the USO for a reversal in crude. I wanted to share a write up that I did for a friend who manages money for …
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AAPL is one of the worst performing stocks to start 2014, down more than 4% since the December 31st close after yesterday’s 1.3% decline. Even Carl Icahn’s tweets have had a diminishing impact – the …
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Here is a quick preview of what I will be discussing tonight on Options Action at 5pm on CNBC: Since FB’s IPO, I have not bought a share of the stock, I am not a …
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