We had a brief argument yesterday on CNBC’s Halftime Report about whether stocks in the materials sector were cheap or not. Certainly, many mining related stocks have been battered in the past few months, particularly …
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When I tell you that we are doing our best to fight some urges here, I really mean it. The price action this week was fairly irrational in our opinion, from the nearly down 2% …
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Great post last night from the team at Global Macro Monitor. In it, they discuss the ratio of consumer staples (XLP) to consumer discretionary (XLY), and its potential importance for the future direction of the …
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With the SPX index testing 1500 again, up 5% to start 2013, I took a quick look at which sectors are leading the rally. Here is the year-to-date chart for all the major sector ETFs: …
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GE reported better than expected earnings and revenue this morning, and the stock is trading up about 3% in the pre-market. Given GE’s global reach, I parsed through the press release to gauge the strength …
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MorningWord 1/11/12: Well folks, yesterday’s price action was starting to feel a tad giddy. They opened up, flirted with going down on the day and then spent the rest of the afternoon marching within 2 …
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Single stock options trading had no major themes today in a quiet macro market. BAC – By far the most active name, as the stock was down 4.5% in a gradual bleed over the course of …
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On a big day in the broader market, the single stock options market was relatively quiet. Only a few tickers dominated the volume. BAC – Continues to be the most active options name. The Jan13 …
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The tech sector is the only major sector that is trading below its 200 day moving average (utilities is as well, but I consider that a minor sector). The XLK technology sector ETF actually tried …
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On the fourth straight day of gains for the SPX, calls continued to see more interest in the options market. AAPL – Call to put ratio was at 1.2, with the weekly 525 puts and …
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