Prior to the November 8th Presidential election Transport stocks had some ol ‘timey Dow Jones watchers a bit worried, with the IYT, the iShares Transport etf having failed to keep pace with the broad market’s …
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The following segment from yesterday CNBC’s Halftime Report nicely frames the disparity of thought relating to the health of financial markets and the global economy amongst the “smart money”: Montage of Fink, Miller & Blankfein is pure comedy …
Continue readingYesterday, I gave my thoughts on Barron’s cover story (MorningWord 2/1/16: Crying All the Way to the Bank) where they suggested that it is Time to Buy Bank Stocks. My view was quite simple that the …
Continue readingApple (AAPL) shares are down about 17% since Nov 10th. That was the day the stock had its largest one day gap lower since late August on a brokerage report from Credit Suisse suggesting that …
Continue readingI know I had a lot to say about Apple (AAPL) yesterday (Trade Idea – $AAPL Harvest), but I wanted to highlight on more thing: Last night on CNBC’s Fast Money my friend Carter Worth, chartist-extraordinaire …
Continue readingRegular readers know that we think Apple (AAPL) stock is likely to be range-bound (dead money) for the time being. Here were my comments from Oct 28th following their fiscal Q4 earnings: Things are good …
Continue readingHere is some generally directional, untied options activity that caught my eye during Wednesday’s trading: 1. XLF – the most active single stock or etf option was the June 22 puts, with 84,000 trading on …
Continue readingHere is some generally directional, untied options activity that caught my eye during Thursday’s trading: 1. JPM – total options volume ran 1.5x avg daily volume with calls dominating, making up 85% of the days volume. …
Continue readingHere is some generally directional, untied options activity that caught my eye during Wednesday’s trading: 1. DIS – The stock continues to make new all time highs, closing yesterday at a new one, now up …
Continue readingHere is some generally directional, untied options activity that caught my eye during Tuesday’s trading: 1. SPY – the S&P 500 closed at a new all time high today, and despite total options volume running …
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