Event: Shake Shack reports Q4 results after the close, the options market is implying about a 10% one day move in either direction. I would note that in the 4 quarters the company has reported …
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On this past Friday’s Options Action on CNBC, our friend Mike Khouw, President, and Chief Strategist of Optimize Advisors and Dan had a quick discussion on the launch of options trading on shares of Shake Shack (SHAK) that …
Continue readingA week ago, following Barron’s negative article on Chipolte (CMG), we took a look at the stock (below) and agreed with the fundamental take, but concluded: it kind of feels like a press on the …
Continue readingOver the weekend Barron’s painted a fairly downbeat picture for Chipotle’s (CMG) prospects in the coming year as growth decelerates, suggesting that “the stock could lose another 15% to 20%” in their feature article Chipotle Losing Its Spice. …
Continue readingOn Thursday (below) I previewed what should be a fairly eventful upcoming week for McDonald’s (MCD) as their new CEO will outline their “turnaround plan” on Monday, and then on Friday the company will report …
Continue readingIn late January McDonald’s (MCD) announced a CEO change as the stock was within a couple percent of the 52 week lows. The stock has since rallied almost 10% and has been consolidating just above a key …
Continue readingOn February 23rd I laid out a bullish cash for shares of Shake Shack (SHAK), totally disregarding valuation and bought the stock just below $43 on some (frankly) pie in the sky stuff, watch here: As …
Continue readingAs someone who has traded through a couple verified stock market bubbles over the last 20 years, I can tell you that there are few single stock trade set ups as powerful as the short squeeze. And …
Continue readingIt’s been an odd couple months for fast/quick serve restaurant stocks. Consumers appears to be increasingly choosy when it comes to their burgers, burritos, pizza, chicken and noodles. While some stocks like Jack in the …
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