MorningWord 8/20/12: As Enis referred to earlier in his MacroWrap, RiskReversal.com does not exist to ride the popular investment wave. Our options trading usually disregards the current market trend as we look for opportunities to …
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Update and New Trade Aug 17th, 2012: Back in mid July when the spot VIX was testing the March lows at the previous market top, Enis and I both wanted to buy short dated calls …
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MorningWord 8/17/12: As many readers know, we have been Bearish for sometime now and while we are not ready to throw up our hands in disgust as it relates to the price action the SPX, our …
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MorningWord 8/16/12: WMT’s Q2 results are out this morning which basically look in line with expectations, the company raised the midpoint of their EPS guidance for the balance of their fiscal year, but the stock …
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MorningWord 8/15/12: To state the obvious, U.S. large cap equities, for all intents and purposes have decoupled in the last year from most developed and emerging market indices. The out-performance of the SPX to the markets of faster growing countries …
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This bizarre market is flimsy enough to be pushed around like a rag doll in both directions. In the past 2 days, the SPX has closed almost exactly unchanged. On Monday though, the VIX was …
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MorningWord 8/14/12: We spent a bit of time yesterday looking at GRPN and trying to figure out if the almost 25% implied move following their Q2 print offered a trading opportunity. Enis and I differed …
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The VIX made a new 5 year low yesterday, registering its lowest reading since June 2007. CC posted an interesting technical interpretation courtesy of Bill Luby of the VIX and More blog in Quick Hits …
Continue readingI am a fan of the saying, watch what people do, not what they say. That’s why I generally prefer to watch market prices and market-based indicators rather than investor poll readings like certain sentiment …
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MorningWord 8/13/12: What could be better on a quiet Monday morning than a little rant focused towards the endangered profession of Sell-Side equity research analyst. Don’t get me wrong there was a time when these people moved …
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