A little more than a month ago we made a short term at the money bearish trade that financial stocks would demonstrate weakness prior to the March 18th FOMC meeting Here was the trade from …
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Two weeks ago we got back into the banks wit a put spread in the XLF etf. The thinking at the time was that with the dual risks in Europe of Greece and Ukraine meant …
Continue readingTwo months ago we made a bearish play on banks, and closed a month later for a gain (read below) as the sector got hit on weak results from some of the large moneycenters. The …
Continue readingClorox (CLX) reports their fiscal Q2 results tomorrow before the open. The options market is implying about a 2.5% one day move which is double the average over the last 4 qtrs of about 1.25%.
Continue readingA little more than a month a go we placed a bearish trade in the XLF predicated on the fact that the commodity bust could cause some negative news flow for financial institutions with exposure …
Continue readingA month ago we placed a bearish bet in the bank stocks with the thought that the combination of plunging oil and plunging bank stocks in Europe would have to bleed over into the U.S. …
Continue reading10 days ago we initiated a short trade in the banking etf XLF (below). Since then the etf is up about 40c as the market has continued its post Fed meeting rebound. Here was the …
Continue readingThere is no shortage of explanations for oil’s more than 45% collapse since the 52 week highs in June. Many have focused on oversupply, while some (of late) are placing a greater emphasis on the …
Continue readingBack on November 20th, we did a Deep Dive post on MELI, with the following conclusion: In sum, the macro risks for Latin America are well known, and MELI has grown admirably in spite of …
Continue readingProcter and Gamble lowered its earnings guidance for 2014 with a statement after the close yesterday: The Company lowered its guidance for all-in sales and all-in earnings growth to reflect the increased impact from foreign …
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