Here is a quick technical preview of some high short interest names reporting earnings tonight: TSLA: Implied Move: The options market is implying about a 13% move vs the 4 qtr avg move of ~7.5% and the …
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Israeli air strikes into Syria over the weekend caused a spike in crude oil prices when the futures opened on Sunday night. While neither Israel or Syria are relevant for the global oil market, traders …
Continue readingTrade Update April 12th, 2013, 9:55 am: TSLA just filled its gap at 44.34 which was my initial target for a rally off of $40 support. Given my quick gains and the fact that the …
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I highlighted my technical thoughts on TSLA on Monday in my CotD post. Since then, the stock’s been on a quite a ride. But it’s an interesting set up now for a new trade.
Continue readingAt first glance I thought the news out of TSLA this morning was a cruel April Fools joke aimed at the 50% short interest in the shares, but the company stated that their Model S sales have exceeded previous expectations, …
Continue readingTrade Update Mar 12th, 2013 at 11:40 am: When I first initiated the TSLA call calendar ahead of earnings, my thought was that no matter what the earnings results were, the stock likely had one …
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Tesla has had an interesting last month as it tried to make new highs only to find selling pressure following a combination of earnings and an odd flame war between Elon Musk and a New …
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With the markets seemingly drifting higher every day it’s a good time to reflect on some of our recent trades to determine what’s working in the market and what isn’t. A great way to do …
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The market opened higher on Italian election results until it turned out Berlusconi still had a chance. The S&P 500 hovered around 1500 until it broke it and broke hard. 1) SPY – taking up …
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The market opened down, following through on a rough day yesterday, tested the 1500 level in the SPX several times and settled just above at the close. Here are some of the notable trade in …
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