IN an economic recovery that has repeatedly trumpeted the housing recovery as one of its pillars, the XHB’s under-peformance to the broad market ytd (up ~12% vs the SPX up 18.50%) is quite interesting because …
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MorningWord 7/15/13: In a week that saw new all time highs for the Dow Jones Industrial Average, Friday’s price action in Dow component BA (-4.69%) and fellow large cap industrial UPS (-5.83%) stuck out to …
Continue readingEvent: HD reports their fiscal Q2 earnings tomorrow morning prior to the open. The options market is implying about a 3.5% move vs the 4 qtr average of 3.75%, and the 8 qtr average of a …
Continue readingWith the markets seemingly drifting higher every day it’s a good time to reflect on some of our recent trades to determine what’s working in the market and what isn’t. A great way to do …
Continue readingThings are firing on all cylinders at HD, the stock clearly reflects the strong fundamentals, up today about 4.5% after a beat and raise and up ~52% on the year. The company has been a …
Continue readingAs I write at 9am most European indices are up small except the DAX and the FTSE which are down about 50 bps, but up at least 1% off of their morning lows…..The Euro is up vs …
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