OK, so GOOG is the new AAPL circa 2012. I get it. So If I talk crap about your most beloved holding, I apologize in advance for offending your portfolio, and I am prepared for …
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Back in early November we bought GLW at $16.47 after the stock had pulled back from a euphoric gap higher on a long term deal to supply LCD glass to Samsung. At the time we …
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About a week and a half ago we made a bearish bet in NKE given its poor relative performance to the broad market and suggesting that high valuation consumer discretionary names could be vulnerable in …
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Yesterday an interesting options trade went up in stock that we don’t usually see interesting options flow in, Rackspace (RAX). RAX is a $5 billion market cap web hosting company, oh and yes you can …
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Back on December 19th, NKE reported a strong fiscal Q2 quarter that was highlighted by better than expected gross margins and futures orders, two metrics that are very closely watched by analysts and investors. The …
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Transocean (RIG) stock was slammed by BP’s Gulf of Mexico oil spill in 2010, and the stock has never really recovered. I delved into the financial and business details in my Deep Dive post a …
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Gold and silver had a terrible 2013, and both precious metals closed near their lows of the year on Tuesday. 2014 is a new year, though. More importantly, I pointed out in my CotD post …
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Just after the latest FOMC meeting we re-initiated our go to VIX portfolio protection trade with the spot VIX around 13.33. Since then the market has done nothing but rally and the spot VIX has …
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Buyers of portfolio protection in 2013 have seen their option premiums evaporate for much of the past 18 months. The S&P 500 has not had a correction of 10% or more in that period, quite …
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Back on Oct 28th I wrote about what appeared to be a fairly dangerous overbought condition for WFM’s shares heading into their fiscal Q4 earnings on Nov 6th (below). In hindsight it is apparent that …
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