Main overnight story? Weak European PMI. This is the chart making the rounds (and it caused SPX futures to sell off from their overnight highs): European growth showing no signs of picking up. …
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On a day that saw big market weakness in the first hour of trading, and then choppy trading into the close, here are the large trades and heavy volume, that stuck out to us in …
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Our friend John Melloy, the producer of Fast Money, had a good, quick note out yesterday detailing just how disappointing the earnings season has been so far. The most salient point for me from the …
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MorningWord 8/21/12: Oh Facebook, we hardly knew ya. You had about a half hour of glory before the “machines” f’d it up for all the instituions who were looking to flip their IPO allocations to …
Continue readingTrade Update August 2nd, 2012 at 2:40 pm: LNKD stock is finally starting to catch up to its social media brethren on the downside. The stock is down almost 15% in the last 2 days, …
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New Trade July 26th, 2012 at 1:20pm: My view on the stock is similar to Dan’s comments in the preview below. I think AMZN is a great company, but am less optimistic about the stock, particularly …
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Fri 22 Jun 12 | 05:00 PM ET Enis and the Options Action crew talk about the disconnect between Oil and Equities, Enis offers a put spread in GE to take advantage of possible global …
Continue readingTrade Update June 20th: With Facebook up a little from where we entered this July 1×2 trade we’re going to take it off for a small profit at 80c. We really like this structure in …
Continue reading2nd Trade Update June 13th, 10:40am: Google is now a bit lower than where I closed half of this position last week (below), now I am going to sell the other half at 19.50, for …
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Here’s a preview of what I’ll be discussing on Options Action at 5pm EST today on CNBC: If you told me on May 17th, the day before the Facebook IPO, that Facebook would decline 30% …
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