We spent a lot of time talking about the health of China’s economy in 2015, whether they would successfully avoid a hard landing, manage a currency devaluation without massively disrupting the bizarro financial world order …
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The largest options trade on the tape today is an opening purchase of 100,000 of the FXI Jan 37 strike calls for 38 cents when the etf was $35.60, amounting to $3.8 million in premium. This trade …
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Today’s volatility in currencies, commodities and rates has finally caused investors in US equities to take note with spot VIX having its largest gain in a month, up nearly 20%. While the VIX move seems …
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Lingering credit and growth issues in Europe and Asia have been the thorn in the U.S. economic recovery’s side for the better part of the last few years. As for stocks and bonds here in …
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Well, this is a mistake we make only occasionally but it hurts pretty bad when we do. That is, getting the story right in a stock yet picking the wrong structure to play it. It …
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A few weeks ago we initiated a trade in WYNN that had very little delta exposure, but looked play for a near term consolidation through December expiration around $180, but looked to set up to own …
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Shares of Wynn Resorts (WYNN) went from a massive outperformer in the first qtr of 2014 (up 30% on the year at one point) to its current “left for dead in a raging bull market” …
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Since WYNN’s parabolic rise of about 50% from the December 2013 lows to the March 2014 all time highs, we have taken a fairly dim view of the stock’s prospects. The stocks’s ascent had been …
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So this is probably where you start hearing the term de-coupling again. Yes I know, that’s so 2011/2012, when it was commonly used to suggest that the U.S. could weather the European sovereign debt crisis, …
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White House officials indicated last night that President Obama is set to announce Janet Yellen as the new Federal Reserve Chairman nominee. She is expected to be confirmed in the Senate. Markets took on a …
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