MorningWord: 10/28/11: “Where will all the martyrs go when the Virus cures itself? Were will all go when it’s too late?” Billie Joe Armstrong, Green Day Last night I saw Green Day at a small …
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MorningWord: 10/27/11: Well I guess all is right in the world again and if you had any questions that the rally off of the bottom earlier this month was not predicated on the hope of …
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MorningWord: 10/26/11: Yesterday’s 2% sell off in front of today’s Euro Summit was probably the healthiest thing that could have happened as expectations for immediate positive results have at least diminished a bit. As I …
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AMZN ($233.50) Options market is implying about a 7% move vs the 4 qtr average move of about 5.5%…..I am not going to spend a lot of time of the fundamentals or valuation in this …
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Much like the prior week, equity markets the world over climbed a bit of a wall of worry in the hope that summits and troikas will solved Europe’s debt woes……The SPX closed the week at …
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MorningWord: 10/21/11: Even though we are in the heart of earnings season, our equity markets are feeling little impact from the beats and misses on singular occasions, the only thing that appears to matter at the …
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MorningWord: 10/20/11: Wednesday’s price action was a bit confusing to say the least, AAPL had one of its worst sell offs in a while, and while it was definitely a drag on the Nasdaq, there weren’t too …
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MorningWord: 10/19/11: Yesterday’s market action saw an interesting reversal between 2 dominant forces that have been playing a bit of tug of war in our equity markets since the spring; tech safe haven vs bank stock …
Continue readingUpdate Oct 18th, 2011 at 10;30am: With the stock at 177 down 5% I sold my put spread at $4.30….I have closed this position and will now focus on the Main Event…..AAPL tonight….check back for …
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MorningWord: 10/18/11: Sunday night in the “Weekender” piece I laid out 3 factors that will determine the direction of world equity markets for the balance of the year; 1st US corporate earnings/health of our economy, 2nd European …
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