In early October, following a fairly massive rally in equities from the September lows, we entered a long VIX trade with the idea market volatility was unlikely to abate anytime soon. Here was one of …
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On August 27th we faded the rally in the broader market off the lows of August 24th with a put spread in QQQ when it had bounced to $105 (off the August 24th low print …
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Here is a quick recap of trades that we initiated, closed, or debated in the week that was Aug 24h – Aug 28th:
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Of all the craziness of the last week the moves in the large cap Nasdaq stocks have been some of the most breathtaking considering the market cap changes involved. AAPL is currently around 113 after …
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Trade Update July 23rd, 2013 at 3:30pm: Semiconductor results and guidance so far in this earnings season has been a fairly mixed bag, as expected PC centric semis have gotten hammered (see INTC and AMD), …
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About a month ago we put on a bullish calendar spread in QCOM. Since that time QCOM came under some selling pressure that saw it trade below 60, but has rebounded in the last few …
Continue readingQCOM is a stock that we have tried to buy on a few occasions when the stock has gotten oversold. Over the last month the stock has sold off 8% on virtually no news and …
Continue readingTrade Update June 12th, 2013 at 3:48pm: Closing AXP bearish June trade for a quick gain. Stock immediately went down last week after entering the trade, and then shot right back up and made a …
Continue readingI’ve mentioned before that $275.80 was the crucial level for me in AMZN, and a move above there would cause me to get out of my put butterfly that targeted the 243 to 267 range. …
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I am going to keep this real simple, AXP is up nearly 20% on what looks almost like a straight line since April 17th, and up 33% ytd. AXP is trading at 16x this years …
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