MorningWord 4/11/13: Wham, Take that MSFT. The mighty Goldman Sachs, the firm that brought MSFT public in 1986 just placed a SELL rating on the stock this morning, reiterating their $27 twelve month price target. …
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Trade Update April 10th, 2013, 11:33 am: CMI’s rally so far this week has obviously caught me by surprise as it is up 5% since I initiated this trade on Friday.
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MorningWord 4/10/13: As the SPX regained all of the lost ground from late last weeks ‘Mini” correction, yesterday’s rally appeared to be led by some new horses so to speak. For the first time in …
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I targeted the important 110 support level for a trade in CMI that I took off last week, as I expected global industrial weakness to affect the stock. What to do now that the stock …
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I promise this will be my last post on FDX. I’ve dwelled on it from a commentary perspective because it’s instructive of the broader price action, where the markets are rallying without robust earnings data. …
Continue readingTrade Update March 20th, 2013 at 3:40 pm: This is a tough decision, but let me lay out why I’m taking off the FDX trade from yesterday, and why now, as opposed to earlier in …
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FDX reported earnings this morning and the stock is down more than 5%. Our structure from yesterday is a slight winner here with risk to the downside and incremental profits higher and a max gain …
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We’ve looked at many different structures ahead of FDX earnings tomorrow, and here’s what we finally settled on: Earnings Preview Mar 19th, 2013: Event: FDX reports its fiscal Q3 earnings Wednesday before the open. The …
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Event: FDX reports its fiscal Q3 earnings Wednesday before the open. The options market is implying about a 3.5% move post-earnings, which is higher than the 4 qtr avg move of about 2.5%, but lower than …
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With BA trading at $72.80 as I write at 7:45 am EST, what are my options for my current long put position?
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