The financial and mainstream press have had a field day with Martin Shkreli, the thirty something year old Pharma company CEO. In September he came under widespread scrutiny for raising the price of a highly …
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At the Dealbook Conference on Tuesday, Andrew Ross Sorkin (editor of the New York Time’s Dealbook blog and CNBC host) interviewed Stanley Druckenmiller, the founder of (now closed) hedge fund firm Duquesne Capital Management and Soros alum. …
Continue readingBear with me, this is a bit of a think piece. I consider myself somewhat of an technology early adopter. Until the last decade that generally meant hardware and desktop software, but with the proliferation …
Continue readingOn Friday’s Options Action on CNBC I detailed a bearish trade idea on the Industrial Select etf, the XLI, and offered up a portfolio hedge, or a trade structure that could be an outright bearish bet in …
Continue readingHere is a quick recap of trades that we initiated, closed, or debated in the week that was Oct 12th to Oct 16th:
Continue readingFor the first half of my career (as a trader at a hedge fund) I can tell you that my mornings prior to the market open were far less productive than I would have liked …
Continue readingHere is a quick recap of trades that we initiated, closed, or debated in the week that was Sept 8th – Sept 11th: Monday Sept 7th: Market closed for Labor Day Holiday [hr] Tuesday Sept 8th: …
Continue readingDan discussed Luxoft back in a MorningWord post in March: Last night on CNBC’s Fast Money we had the CEO, Dmitry Loschinin, of Swiss software company, Luxoft (LXFT) on the program. To be 100% honest …
Continue readingIn 2012, I had a very bad trade in Apple (AAPL). On a few occasions I tried to short the stock for a whole host of reasons that ultimately could be explained as an unusual sentiment …
Continue readingSometimes when a big selloff comes right before expiration you can get bailed out on trades that were worthless. That happened here in our $LVS trade. Here was the original trade from way back in …
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