MorningWord 5/20/13: The rally off of the November 2012, now equaling about 24% in SPX terms has been called many things, but the one most common seems to be the “most hated rally ever”. Hedge …
Continue readingTOL
In the past week, there have been a spate of upgrades in the housing sector following decent earnings numbers from DHI and PHM. Homebuilders have rocketed higher from their lowest levels in 2013, and are …
Continue readingIt seems like everyone and their mother is trying to pick the exact spot where AAPL is going to bottom. Obviously this is a bit of a fools errand (see my comments on my own bottom …
Continue readingReminder: Enis and I will be Hosting a Free Webinar on Monday April 22nd at 4:15pm EST previewing AAPL’s Q2 earnings report and we will debate 2 options trade structures that we are considering to play the event. …
Continue readingReminder: Enis and I will be Hosting a Free Webinar on Monday April 22nd at 4:15pm EST previewing AAPL’s Q2 earnings report and we will debate 2 options trade structures that we are considering to play the …
Continue readingMorningWord 4/17/13: As Enis very aptly discussed this morning in his MacroWrap, realized volatility is starting to pick up a tad after one of the longest most benign periods of movement in the SPX in …
Continue readingMorningWord 4/16/13: If you have ever been punched in the face you are not likely to forget the feeling for a very long time. Yesterday, for those that were long Gold and the last peeps to buy …
Continue readingAfter a decent trade repair by rolling up my strikes a couple weeks ago (read below), and then taking profits on the position after Friday’s down opening, I am now going to roll this bearish …
Continue reading2nd Trade Update April 5th, 2013 10:28am: A couple weeks back I rolled up my long strike in my April 27/25 Put Spread by selling the 27 put at a loss and buying the April …
Continue readingTrade Update March 22nd, 2013, 2:50 pm: XHB has failed to breakdown in the past month as the market has held up. But just this week, LEN reported strong earnings that got everyone excited about …
Continue reading