Its been a fun parlor game since the start of the Fed’s unprecedented policy of QE and ZIRP to predict what will happen to risk assets here in the U.S. once the central bank moves …
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Yesterday I noted how odd it is at this stage of the economic recovery here in the U.S. that markets still cheer bad economic data (the idea being it pushes potential rate hikes further [read …
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Consumer staple stocks have been on our hit list for the last 6 months. Our most recent trade was a put spread into Proctor & Gamble’s Q4 earnings report in late January (read here). At …
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Friday was a bloodbath for high yielding equity sectors or those deemed to be defensive, with Utilities leading the way to the downside, declining 3%, and Consumer Staples and Healthcare down about 2%. It’s not hard to …
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Under Armour (UA) reports their Q4 results after the close, the options market is implying about a 7% one day move in either direction vs the 4 qtr avg of about 12%. The implied move …
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On Friday I made, what is in hindsight, a boneheaded short biased trade in Disney (below). Since the stock’s blowout results last night I have thought a lot about this trade, and what drew me …
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Friday afternoon I laid out a very near term bearish case for shares of Disney (DIS) into their fiscal Q1 report due after the close tonight (read below). I wanted to be very clear, DIS …
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Disney (DIS) reports their fiscal Q1 earnings Tuesday after the close, the options market is implying a 3% on day move, vs the 4 qtr avg move of only 1.7%. The stock is obviously not …
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Yesterday we made a bearish play into PG’s Q2 results reported this am (read below). With the stock down after the miss we are going to take the quick profit and move on. But this …
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Procter & Gamble (PG) reports their fiscal Q2 results tomorrow before the open, the options market is implying about a 1.7% one day move which is a tad shy of the 1.9% 4 qtr avg. …
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