MorningWord 10/24/12: As bad as yesterday’s sell off in equities felt, it could have been a lot worse if it wasn’t for some relative strength shown by some recently beleaguered tech and consumer shares. For instance on a …
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MorningWord 10/23/12: On RiskReversal, we spend a lot of time looking at and trading high-fliers, generally because it is a bit more fun than trading consumer staples and utilities, and the stories are more interesting. …
Continue readingMorningWord 10/22/12: Shortly after AAPL’s introduction of the iPad in 2010, Steve Jobs famously dubbed competitors (who were slightly caught off sides in the category) efforts to introduce 7 inch devices as DOA or dead on arrival. In …
Continue readingMorningWord 10/19/12: As traders and even as purveyors of RiskReversal.com, we make mistakes on a daily basis. Most readers of the site get what we are trying to do, and understand that we will have …
Continue readingMorningWord 10/18/12: This past Tuesday I was on CNBC’s Fast Money at 5pm, and the unthinkable happened……..AAPL earlier that day had sent out a media invite for the iPad Mini announcement, and there wasn’t a single mention of …
Continue readingMorningWord 10/17/12: As we get into the meat of earnings season this week and next there appears to be a slightly some divergent inputs btwn the Micro and the Macro. First off, Enis last week highlighted the …
Continue readingEvent: CMG reports Q3 earnings Thursday afternoon after the market close. The options market is implying about a 8.5% move, which is in line with the 4 quarter average of 8.5%, but slightly above the 8 …
Continue readingMorningWord 10/16/12: On numerous occasions in the last few weeks we have highlighted the weakening momentum among previous market leaders. The jury is still out on whether we have just seen a bit of profit …
Continue readingMorningWord 10/15/12: Last week at their annual analyst meeting, Dollar Tree (DLTR) guided revenues to the low end of the previous range given in July. The stock got drilled, down about 12.5% in 2 days since …
Continue readingMorningWord 10/12/12: Yesterday’s action in U.S. equities was a fairly clear indication of declining momentum as many of the prior market leaders seem to be losing a little steam. The SPX and the Nasdaq opened up more …
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