Last month, the Fed floated a June raise trial balloon. On May 16th, expectations for a June hike sat at a 4% probability. After the trial balloon they shot up to a 34% chance by May …
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Friday afternoon I detailed a trade idea in the XLV, the S&P Healthcare Select etf (read here). The premise was fairly simple. The XLV has been a relative under-performer but it could be poised to play …
Continue readingTuesday morning, right before the S&P 500 (SPX) ripped 2% in a straight line into today, I offered a quick take on the technical set up of the index using a few time-frames (MorningWord 5/24/16: Fool Me Twice? – …
Continue readingThe financial media has spilled a lot of ink on the growing gap between GAAP and Adjusted Earnings. I’ve also written on the subject at times, choosing to focus on a stock by stock basis …
Continue readingShares of Walmart (WMT) are up a whopping 8% this morning after reporting Q1 sales that beat expectations with a same sales stores sales comp of a 1%. The stock is making back a good …
Continue readingWith retail stocks getting slammed today as result of poor results and guidance from Macy’s (M) I wanted to take the opportunity to update a bearish options trade detail here, and discussed on CNBC’s Options Action this …
Continue readingHere’s a guest post from friend of the site, contributor to the TickerDistrict (and Dan’s Options Action co-panelist) Michael Khouw: On Friday’s Options Action on CNBC, my co-panelist, Carter Braxton Worth of Cornerstone Macro Research …
Continue readingYesterday, while Fed Chairwoman Yellen was in a QE/ZIRP time-warp squeezing U.S. stocks and Treasuries higher on increased Dovishness, I was enjoying this with my family: When I set out for a day of fun in …
Continue readingOn Friday’s Options Action on CNBC we got a question from a viewer about whether or not it was two late to buy puts in Valeant (VRX)? Well, this is obviously a pretty complicated case, …
Continue readingYeah, yeah it’s Warren Buffett week. The Oracle held his annual meeting over the weekend and sat down with CNBC’s Beck Quick yesterday, offering wide ranging thoughts on his holdings, the health of the economy and a …
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