Yesterday, shares of Fitbit (FIT) closed up 13.5%. Shares of 3D Systems (DDD) closed up 17.5%. This morning, shares of Square (SQ) opened up 15%. All of these initially hot out of the box (IPO) tech stocks are …
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It’s been an odd couple months for fast/quick serve restaurant stocks. Consumers appears to be increasingly choosy when it comes to their burgers, burritos, pizza, chicken and noodles. While some stocks like Jack in the …
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It’s a strange investment world we live in when I can talk about AT&T (T) and GoPro (GPRO) in a post detailing high short interest. This may come as a surprise, but one of the top …
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Earlier today we previewed TWTR’s Q3 earnings event after the close. We wanted to take those inputs and offer a few strategies based on existing positioning and/or directional bias: Stock replacement/alternative for existing longs: TRADE: TWTR ($48.70) …
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Event: TWTR reports its Q3 results tonight after the market close. The options market is implying a one day move in either direction of almost 14%, which is shy to the three quarter average of …
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HD hit a new all-time high today, rising just about 10% from the intraday low last week. The stock’s rapid snapback rally is especially interesting for a $127 billion market cap stock that normally exhibits …
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Thirty day at the money implied volatility (price of options) in the S&P 500 index has neared its 2 year high in the last week, accompanying the increase in realized volatility (how much the underlying is …
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The chorus of cries of “weak breadth” and ” weak internals” has intensified in the past couple of weeks. The S&P 500 index has remained near all-time highs, but the Russell 2000 has severely lagged. …
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Even though the S&P 500 is still only 1.5% from all-time highs, the deteriorating breadth has continued over the past few weeks. Bespoke Investment pointed out the recent weakness in the industrials sector, mostly a result …
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MorningWord 11/8/13: The New York Stock Exchange will always hold a special place in my professional heart (if that is not an oxymoron in this biz). When I started working at SAC Capital in early …
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