Here is a quick recap of trades that we initiated, closed, or debated in the week that was Aug 17h – Aug 21st: It has been our view for months that the fairly extraordinary volatility in global …
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We’ve had a short position on in the QQQ for some time now. Initially it was a naked put and just yesterday we turned that into a put spread. Here’s how we got here. On July …
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On July 24th we expressed a bearish view in the Nasdaq 100 (via the QQQ: A Few Good Ten) with the thought that any loss of leadership in the space spelled technical doom for the index. Here was the …
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You guys know the drill here, the Nasdaq 100 (QQQ) is heavily concentrated by the top 10 holdings, making up 50% of the weight and equaling $2.75 trillion in market cap. While last Friday’s 16% rally …
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I n 2015, the Nasdaq Composite is the runaway U.S. equity winner. You know the score there, some of the largest mega cap biotech & tech stocks in the market weighted average index are up …
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Yesterday I had the pleasure to talk with Eric Jackson, founder of Hedge Fund IronFire Capital, on his weekly Podcast where we discussed the current market environment, tech stocks, past bear markets and how I got …
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The top five stocks in the Nasdaq 100 (AAPL, MSFT, AMZN, GOOGL & FB) make up one third of the weight of the index. These five stocks on average gained 2.3% yesterday, more than doubling …
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Here is some generally directional, untied options activity that caught my eye during Wednesday’s trading: 1. VIX – call volume exploded yesterday, 2x avg daily. The largest trade on the day is a buy of 25,000 …
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We have several defined risk short positions in ETFs, including the QQQ and IWM. With the market down today it’s a good opportunity to start thinking about trade management. First, let’s recap the positions. First, …
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A fortnight ago we considered portfolio protection using the SPY (read here). Since that time the S&P 500 is up about 2%, and once again threatening to make a new all time high, now just 1% …
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