Procter and Gamble lowered its earnings guidance for 2014 with a statement after the close yesterday: The Company lowered its guidance for all-in sales and all-in earnings growth to reflect the increased impact from foreign …
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I’ll just say this, You Have Been Warned! If the SPX closes the day near current levels it will equal a monthly decline of nearly 4%, the worst start since January 2009’s 8.57% decline, when …
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PG was a situation where our timing just didn’t pan out. We bought the put fly on October 31st after PG had had a strong run, higher in the month of October, back near prior …
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MSFT – Stock was downgraded this morning at Bank Of America from Buy to Hold and Goldman Sachs reiterated there Sell rating on the stock, both fearing issues from expected management transition. Puts were active …
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Here is a quick recap of all of the trades that we initiated, closed, managed or expired in the week that was Oct 28th – Nov 1st: Monday Oct 28th: TRADE: AAPL ($529) Sold Nov …
Continue readingProcter and Gamble is old school Americana, one the largest consumer staples companies in the world. The stock has had a nice run in 2013, up 20%, which is quite large for a boring old …
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I have a confession to make, I have no clue what to do here as it relates to equities. While this many not be a huge surprise to some of my fans on Twitter (I …
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The third quarter went to the small caps. In fact, since the market’s May high, the Russell 2000 is up more than 6%, while the S&P 500 is essentially flat. But the biggest drag on …
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Earlier today Unilver (UN) issued a statement suggesting that Q3 sales decelerated in emerging markets partially the result of the strengthening Euro. As the Euro Zone recovers from the recessionary environment of the last few …
Continue readingA fellow trader suggested to me yesterday that the outperformance of the defensive sectors was no sign for concern for the broader market. He said that he only becomes concerned about defensive outperformance when they …
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