On November 30th we ran through the bullish case for shares of General Electric (GE) into the new year and detailed an options trade to play for a long term breakout, and catch up trade to …
Continue readingOPEN
GDX (the Gold Miner etf) has rallied 23% since November 5th in what has felt like a straight line. Juxtaposed against the 5% rally in the GLD (the etf on the underlying commodity), the move in the …
Continue readingPriceline’s (PCLN) announcement of a $2.6 billion acquisition of OpenTable (OPEN) for a 46% premium last week set the wheels in motion for what could be a land grab for internet “services.” A land grab …
Continue readingThe most interesting headline of the day hit this morning, with AAPL opening higher on this news: (Reuters) – Apple Inc. on Thursday confronted its first major challenge from an activist shareholder in years as …
Continue readingOPEN implied move is about 15% vs 4qtr avg of about 8% Stock is down about 58% from last year’s highs and up about 50% from the November lows. My Take: This is obviously a …
Continue reading