It’s hard to talk about the internet stock darlings of 2013 and not mention the 150% gains in GRPN, a stock that caught notoriety last year after its initial IPO success, only to lose close …
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For the second straight week, the S&P 500 is essentially flat, and VIX Futures have declined across all of the maturities as a result. Interestingly, that across-the-board decline has occurred despite yesterday’s large move lower. …
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Over the last week, the S&P 500 has basically been flat. In that period, VIX spot has actually moved slightly higher, finding something of a floor in the 12.50-13.00 area. In the meantime, VIX front-month …
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We discussed the VIX this week in length in our CotD post from Tuesday. The key takeaway: With no upside resistance for the SPX index, volatility is liable to increase in both directions. Regardless, with …
Continue readingFrom March 1996 to October 2000, the S&P 500 rose from the mid-600’s to around 1550, culminating in the bursting of the Nasdaq bubble. From March 2009 to October 2013, the S&P 500 rose from …
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Web 2.0 names are getting annihilated again today, and frankly it is getting ugly with LNKD down 7%, Yelp down 8.5% and FB down 5%. Nasty business. I leave half of a long stock position …
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This is the second in our new series of Deep Dive posts. GRPN seems an appropriate choice given its roller coaster ride over the last 2 years. Technicals: GRPN IPO’ed in late 2011 to abundant …
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Back in mid-June I made the argument (below) that despite challenged fundamentals, stocks like ZNGA could be a reasonable speculative long when you consider their large cash balance, investors’ appetite for speculation and the potential …
Continue readingThe most notable aspect of the price action today is the serious beating the year-to-date leaders are taking. A quick sample from my trading screen: P down 11.5% GMCR down 7.5% GRPN down 5.8% LNKD …
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July 25th, 2013: Back in mid June I bought ZNGA (MorningWord below), and at the time I laid out a 3 legged option trade structure on Options Action (below) that I was looking to trade …
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