Under Armour (UA), wow! You’d be hard-pressed to find many $22 billion market cap stocks that have not only made back their August losses, but have also just made new 52 week and all time …
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On August 21st, when the volatility in almost every other risk asset class the world over, finally visited U.S. equities, we wrote a post identifying levels we felt were safe near term long entries in two beloved stocks, Apple (AAPL) and …
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Event: Under Armour (UA) reports Q2 results tomorrow morning before the open. The options market is implying about a 7.5% one day move which is rich to the 4 qtr avg move of 6%, and …
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Event: UA reports Q3 earnings tomorrow before the open. The options market is implying about a 8.5% one day move, which is below both the 4 qtr avg move of 12.5%, and below the 8 qtr avg move …
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Over the last few years, there have been no sustained broad market sell offs that offered investors the opportunity to buy high quality stocks at a meaningful discount. If the current correction, (currently 9% in …
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For the most part, investors walked away from Q2 earnings season here in the U.S mildly optimistic about the pace of the economic recovery. As of early September the S&P 500 was at all time …
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LULU reports fiscal Q2 earnings tomorrow before the open. The options market is implying about an 8.5% one day move, which is shy to the 4 qtr avg of about 10%. As I write, options …
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On Monday (below) I made the case why UA was likely oversold on a near term basis in front of the company’s addition to the S&P500 on last night’s close. As the stock approached technical …
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NKE has rallied strongly with the broader market since we put on the Mar 72.5/77.5 call spread last week. The stock is now approaching the critical $75 resistance level (traded $74.81 this morning): The $75 …
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After what felt like a one way freight train in 2013, U.S. equities for the first five and half weeks of 2014 seemingly got derailed. Obviously that sounds a bit dramatic, as we were only …
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