A little more than a month ago I detailed a bullish trade in shares of Under Armour (UA). The stock had just seen a sharp decline after its mid April earnings gap higher. Aside from …
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U.S. stocks large cap stocks are the best performing in the developed world, with the S&P 500 (SPX) up nearly 1.5% in 2016, and down about 2% from its year ago all time highs, vs …
Continue readingIn early April, prior to Under Armour’s (UA) Q1 results I took a quick look at the trade set up with the stock in the mid $40s (here), and touched on one of the pillars …
Continue readingEarlier today I highlighted the relative weakness from last year’s all time highs in the S&P 500 (SPX) of some prior market leaders that I have dubbed U.S. Consumer Teflong™ Portfolio (read here). The group consists …
Continue readingA year ago this week I checked in on a group of four stocks that I dubbed at the time the U.S. Consumer Teflong™ Portfolio. The four companies make products that peeps in my little …
Continue readingYesterday we detailed trades into two earnings events, Nike (NKE) and RedHat (RHT). The two stocks have nothing to do with eachother other than they were both reporting on the same day. But I wanted …
Continue readingOn CNBC’s Fast Money, my co-panelist Tim Seymour and I have had a little back and forth of late on the notion that some market participants/pundits (not me) confuse the volatility in the Chinese stock …
Continue readingYesterday, Dan previewed Nike (NKE) fiscal Q3 earnings due after the bell today and highlighted a large trade that went up in the options market. To recap, here was that large trade: When the stock …
Continue readingEvent: Nike (NKE) reports their fiscal Q3 results tomorrow night after the close. The options markets is implying about a 5% one day move. With the stock at $65. the March 65 weekly straddle (the …
Continue readingOn January 6th we targeted the consumer discretionary etf (XLY) for a pullback (read here) as a sort of chicken-shit way to get short exposure on some prior market leaders like AMZN, NFLX, HD, NKE, SBUX. …
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