MorningWord 11/22/13: As the bull market keeps chugging along, making new all time highs on what feels like a daily basis, I keep coming across companies with public market capitalizations that border on absurdity. …
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Event: WMT will report their Q3 earnings on Thursday before the open. The options market is implying about a 2.75% move vs the 4 qtr avg move of about 2.35%. Sentiment: Wall Street analysts are …
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MorningWord 11/8/13: The New York Stock Exchange will always hold a special place in my professional heart (if that is not an oxymoron in this biz). When I started working at SAC Capital in early …
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MorningWord 11/5/13: If the S&P500 were to end the year at last night’s close of ~1768 or higher, the ~24% ytd gains would slightly best the 23.5% gains of 2009, and would represent the best …
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MorningWord 10/22/13: We have been trading AAPL from the long side for a few months now, largely because we think investors expectations on the product front and what the company can actually deliver to consumers …
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MorningWord 9/30/13: We have spent a good bit of time in 2013 writing and talking about the phenomena that has centered around TSLA, its Founder/CEO and the company’s product. After growing up in this …
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MorningWord 9/10/13: There are many attributes that contribute to a consistent profitable trading regime, but from my experience, none are more important than persistence. Back on Aug 6th, prior to FIO’s disastrous fiscal Q4 earnings …
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MorningWord 7/25/13: FB’s Q2 results last night shattered a main tenet of the near-term bear thesis on the company, that FB was unable to monetize their mobile users in a manner that offsets declining …
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MorningWord 6/26/13: Well there you have it people, Gold is going lower. And just when you thought there were no sellers left. I often get asked my opinion on Gold and in a very unsophisticated …
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MorningWord 6/20/13: So what’s the smart money doing now with global markets moving in fairly unpredictable ways?? What happened to the great rotation OUT of bonds and INTO equities? They both went up-together, why can’ …
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