Shares of T-Mobile (TMUS) had a heck of a day yesterday, opening on its low, and closing on its high, up 3.4% after a 6% intra-day reversal: The stock caught a bid on this headline: …
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With the rise of the internet in the 1990s we stumbled onto something new and democratic. No longer were public thoughts and opinions simply the purview of ivory tower intellectuals (or good looking talking heads), …
Continue readingI don’t hate Apple, I just play a guy on TV who does. Regular readers know that I am a huge fan of Apple products and have been for years. I agree with Apple fanboys that the best smartphone, …
Continue readingLast night on CNBC’s Fast Money, my main technical man, Carter Braxton Worth, of Cornerstone Macro Research (and co-panelist on Options Action) laid out a fairly compelling case for a short entry in the XLK, …
Continue readingRegular readers know that I became a market commentator accidentally. When I got a call in the fall of 2008, (as the financial world as we know it generally, and the firm that I worked for …
Continue readingIf you yourself are not a financial markets professional, your impression of Wall Streeters may come from Hollywood movies like Wall Street, Boiler Room, The Wolf of Wall Street and The Big Short. All of …
Continue readingLast night’s PrimeTime Emmy Awards reinforced a popular notion that network TV is toast, and cable and streaming services, for now have an unflinching hold on the highest quality content. HBO has been dominating awards …
Continue readingBulls and Bears, Bears and Bulls. I’ve always thought labeling people Bulls or Bears was misleading. It fails to capture any nuance or what inputs they’re considering in their investment process as well as failing …
Continue readingI have been wearing the Apple Watch Sport 42 mm since May 28th. After one day I was surprised that the battery drained as quickly as it did. I Tweeted the following: Left home 14 hours …
Continue readingThe general rule of thumb when selling volatility is to do so when options prices are high relative to the broad market, the underlying’s movement, and most importantly to its historical options prices. Sometimes though, …
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