BRK/B’s breakout to a new all-time high in the past 2 weeks has been incredibly ferocious for a $200 billion+ market cap company: The stock had been trading in the 110-120 range for much of …
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In a broader market where few short-biased trades have worked, we had a nice win early in the year on BRK/B, taking it off for more than a double. Unfortunately, our second go-around in the …
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Back in late January when BRK/B broke its 200 day moving average for the first time since 2012, we put on a near term bearish bet that the stock would see further weakness. We took …
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We’ve been waiting patiently on our GLD call spread since we initiated the trade on the first trading day of 2014. After many starts and stops, GLD is making a new high for the year …
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BRK/B has promptly moved lower since our entry on our put spread position last week. Since the stock has now become quite oversold (with its lowest RSI reading in more than a year), and our …
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Our first trade in 2014 was a long call spread on GLD. The precious metal gapped higher on day one, and we took a position looking for a move to the $125 area on GLD. …
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Gold and silver had a terrible 2013, and both precious metals closed near their lows of the year on Tuesday. 2014 is a new year, though. More importantly, I pointed out in my CotD post …
Continue readingGold and silver are termed precious metals. They have not been precious for the past 2 years. Both are down substantially since their 2011 highs (gold around 40%, silver around 60%). Although the current downtrend …
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Back on Oct 28th I wrote about what appeared to be a fairly dangerous overbought condition for WFM’s shares heading into their fiscal Q4 earnings on Nov 6th (below). In hindsight it is apparent that …
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In a new feature for the site, we wanted to add a post where we weigh in with our thoughts (fundamental, technical, and options pricing and strategy) on a stock that was upgraded or downgraded …
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