MorningWord 12/24/12: First and foremost, all of us at RiskReversal want to wish you and your families a very Happy Holidays. Enis, CC, Kristen and I will all be traveling to see family over the next week …
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We don’t have this trade on anymore because we were doubled up with trades in the name (read history below) and closed it for a small profit, but our plan was to paper trade out …
Continue readingMorningWord 12/21/12: Last night saw a bit more action than most would have expected for the second to last Thursday of 2012. Earnings from the likes of NKE and RIMM have those stocks moving, and …
Continue readingMorningWord 12/20/12: The 3 month chart below of AAPL and RIMM’s price performance shows the stark difference in investor sentiment for the 2 smartphone makers of late. AAPL has re-traced more than half of its …
Continue readingMorningWord 12/19/12: Enis and I had a very interesting dinner last night with a former emerging market strategist for a large bank and a global macro hedge fund manager, where we debated the prospects for …
Continue readingFedex reported an earnings miss today that it blamed entirely on the impact from Hurricane Sandy. It reported 1.39 in EPS vs. 1.41 expected, citing an 11 cent cost from Sandy that caused the miss. …
Continue readingOn Friday we placed two trades on the site in QCOM, the first was a Dec/Jan 62,5 call calendar, the second was a Jan 62.5/65 Call spread. Dan took off the call calendar yesterday and …
Continue readingMorningWord 12/18/12: All seems clear on the western front, so to speak. Mr. Boehner appears to be spending more and more time with his friend Mr. Obama, maybe they are both feeling a bit sanguine with …
Continue readingMorningWord 12/17/12: U.S. equity markets on Friday were once again dominated by AAPL’s plunge from its all time high made in Sept, with the stock making a new 10 month closing low. Even though …
Continue readingUpdate with New Trade Dec 13th,2012 at 2:58pm: Dan laid out his thoughts in ADBE this morning heading into tonight’s earnings, He concluded: My sense would be that the macro headwinds in the quarter, and …
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