The nearly 2% decline for the S&P 500 (SPX) in October was its first monthly decline since February (down 41 bps) and worst since January’s 5% decline. I have no idea if the SPX is merely consolidating above …
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On April 20th, following Coca-Cola’s (KO) Q1 results, the stock dropped nearly 5%, with the two day drop equaling 8%. Investors are likely concerned with the little matter of declining sales, with expected 2016 sales of $42.5 …
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In general, I don’t highlight changes to Wall Street analyst ratings. That’s mostly due to the irrelevance of these ratings changes. There was a time when a large investment bank could cause major movement in …
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This tweet from Jim Cramer caught my attention this morning.: Is it me or has http://t.co/2U0CAxmyIb just become the house of gloom. Every article negative spin today. Amazing.. — Jim Cramer (@jimcramer) August 19, 2015 …
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As a part-time financial pundit, I have so much to say, and usually such little incentive to say it outside of the pages of RiskReversal and the TickerDistrict. For the most part, viewers of CNBC …
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In late 2014 China made a move to open up its equity markets to outsiders by linking the Shanghai Composite and Hong Kong’s Hang Seng. It saw a fairly slow start, per the WSJ Dec …
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First things first. We’d like to extend our gratitude to any readers who currently or previously served our country in the Armed Forces. Thank You. [hr] Last night on CNBC’s Fast Money program, I highlighted …
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Important news has a way of being released at the exact moment when everyone is looking the other direction – such was the case with the Wall Street Journal story that PIMCO was being investigated …
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Tech dominated single stock options volumes today. VIX – Heavy June option volume ahead of VIX expiry tomorrow morning, with the June 17 call trading almost 100k. VIX spot held up better than expected given the …
Continue readingYesterday I laid out a case for buying BAC implied volatility through Sept options. BAC has long been one of my favored names to buy volatility when market volatility as a whole gets cheap because …
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