Earlier this morning we posted our thoughts on the Facebook Android operating system announcement. We think it’s a good opportunity for an entry on the short side with the thought that the stock could revisit …
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Today at 1pm eastern FB is going to announce the much talked about, but mildly anticipated FB phone. Some of the early reviews of what is known looks like an interesting upgrade to what I believe …
Continue readingTrade Update April 1st, 2013 11am: AAPL had a heck of a month in March after making new 52 week lows and seeing its peak to trough sell off from Sept hit roughly 40%, the …
Continue readingMorningWord 3/19/13: Yesterday at this time, I penned my morning piece, titled, ” Treacherous Set Up For Bears, $SPX = Flight To Quality”. As a trader who came in to the day net short, I should …
Continue readingMorningWord 3/18/13: Since Super Euro Banker “Extraordinaire” Mario Draghi said the now infamous words back in late July, the Euro Stoxx 50 is up about 25%, but understandingly under-performing the SPX since the European Sovereign Debt Crisis has gripped the region …
Continue readingHere is a summary of what I will be discussing tonight on Options Action on CNBC at 5pm: AAPL is up 2% today as I write and it is most likely the result of speculation of what …
Continue readingMorningWord 3/15/13: I’ll start this post as I have on many occasions over the last few weeks. AAPL is desperately attempting to put in an intermediate term bottom. Since gapping below $440 on March 1st, the stock has spent …
Continue readingLast year AAPL’s price action from Jan 1 to Sept 21 resembled a mania despite the first full year that the company was lead by new CEO Tim Cook. Cook set out quickly to establish …
Continue readingMorningWord 11/21/12: Back in the Spring, when AAPL was on its parabolic run from $350 to $650 in just 4 months, some market participants such as Doug Kass were suggesting that we were in an …
Continue readingMorningWord 11/20/12: This morning HPQ reported the very expected earnings and sales disappointments, and the fairly unexpected $8.8 Billion impairment charge for their 2011 acquisition of Autonomy. To be fair, current CEO Meg Whitman has …
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