Caterpillar has been our go-to name to play Chinese weakness. All those empty cities are meaningful as a broader sign of overcapacity, corroborated more recently by the weakness in global commodity prices as well as …
Continue readingRisk Chart
FDX has broken above 100 today on speculation that Bill Ackman’s new planned fund will target the stock. Here is the excerpt from FlyontheWall.com: The move higher in shares of FedEx (FDX) is being attributed …
Continue reading
FDX is a name that we have been negative on for the past 3 months. Its growth over the past several years has been tied to its international business, which has been under obvious strain …
Continue reading
BBRY’s results and lack of guidance and future transparency is an all out disaster, plain an simple. It appears that the new management has fallen victim to some of the bad habits of the old …
Continue readingDespite BBRY’s 25% ytd gains, the stock still seems to be stuck in the mud, as much of the gains came in the first month of the year. Investors have been sitting and waiting for …
Continue reading
Trade Update June 24th, 2013: CMI is now down about 10% from my entry last month, catching up to the international market weakness in the past few days. The stock is breaking the 200 day …
Continue reading
I posted a Name That Trade post in MCD about a month ago, describing the potential future path of MCD stock that might get me interested in a new trade entry based on its fundamental …
Continue readingI’ve mentioned before that $275.80 was the crucial level for me in AMZN, and a move above there would cause me to get out of my put butterfly that targeted the 243 to 267 range. …
Continue readingWith FDX getting hit with the market and near its 50 day moving average of 96.74 we’re going to close the put spread (below) Action: Sold to close FDX (96.74) June 100/92.5 put spread at …
Continue reading
Cummins Engines is the comeback king, the little engine that could, if you will. Check out its major comebacks in the past year after earnings and guidance disappointments: I’ve circled in red the major earnings …
Continue reading