Yesterday I sold half of my long Nov Call position in CSCO (see below) locking in some gains on the stock’s recent rally, and I am now going to spread the balance by selling a …
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Almost 2 weeks ago when CSCO bounced off of key technical support I doubled down on my long call position when the stock was 4% lower, but the calls that I bought have now appreciated …
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I have a confession to make, I have no clue what to do here as it relates to equities. While this many not be a huge surprise to some of my fans on Twitter (I …
Continue readingI was just listening to some of my CNBC friends on the Halftime program debate whether or not you buy the dip in CMI, a stock that is down almost 9% after the company missed …
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About a week and a half ago, we highlighted the range that EBAY has been trading in for 2013 and offered a way to play that range after the stocks earnings decline offering a decent …
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A little more than a week ago I initiated a bullish call calendar in CSCO with the idea that the stock would consolidate around the $23 level for a tad and I would look to …
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Last week (below) I looked at CSCO’s chart as an interesting technical set-up and mentioned that calendars may set up well in the name into earnings. With the stock back at its 200 day moving …
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Web 2.0 names are getting annihilated again today, and frankly it is getting ugly with LNKD down 7%, Yelp down 8.5% and FB down 5%. Nasty business. I leave half of a long stock position …
Continue readingSince reporting a lackluster Q4 and issuing disappointing Q1 guidance in mid August, CSCO shares have been down about 13% after making multi-year highs. The one year chart below shows this morning’s breach of the …
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Tonight on Options Action on CNBC at 5:30pm I was asked to take a look at Dominoes Pizza (DPZ) as my friend, the illustrious chartist from Oppenheimer, Carter Worth has a a bearish view on …
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