Last night on CNBC’s Fast Money the panel discussed the President Elect’s Tweet of the Day. The tweet focused on U.S. Automaker General Motors (GM) and their production of cars in Mexico which are sold …
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Investors in U.S. equities have been buying stocks based on an assumption that the incoming administration will be “pro-business” (lower corporate taxes and less regulation). For the most part, investors are correct to assume that, …
Continue readingThe offshore drilling sector has been absolutely decimated in the past 2 months. RIG and ESV, the largest two of the group (aside from Seadrill in Europe) are both down more than 25% year-to-date, and …
Continue readingAbout a week and a half ago we made a bearish bet in NKE given its poor relative performance to the broad market and suggesting that high valuation consumer discretionary names could be vulnerable in …
Continue readingBack on December 19th, NKE reported a strong fiscal Q2 quarter that was highlighted by better than expected gross margins and futures orders, two metrics that are very closely watched by analysts and investors. The …
Continue readingThe U.S. petroleum renaissance is gaining steam as more hard-to-reach fossil fuels come online. The FT outlined the nature of the production increase in a Jan. 7th article: The government’s Energy Information Administration predicted on …
Continue readingCarl Icahn was on the cover on TIME magazine this week. He’s become one of the wealthiest pure investors in the world (passing George Soros in overall wealth in 2013). And his recent track record …
Continue readingThe SPX index is only 15 points from all-time highs, and only down 0.4% this week, but the deterioration in the underlying breadth has been unmistakeable. Here is the total number of new 52 week …
Continue readingAAPL was the most active single stock options name by a long shot, but social media names were active as well. AAPL – 6 of the top 10 lines today were in AAPL. Weekly 450 and …
Continue readingI initiated a range trade on STZ on January 8th ahead of its earnings report. I ended up with much more than I bargained for when I got into this position. Check out the 17 …
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