Last week we thought that Walmart’s (WMT) year to date out-performance was a bull trap in a bad market after the stock had experienced massive under-performance the prior year. We expressed this bearish view buying merely …
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Shares of Walmart (WMT) are up nearly 6% in 2016 after closing down nearly 30% in 2015. Back in mid November after WMT management took a an axe to current year guidance. So much for …
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At one point in yesterday’s session, share of Walmart (WMT) were up 5% on the day, and up 8% from its 52 week lows made on Friday. The two day gains obviously came off of …
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Event: Target (TGT) reports Q3 results tomorrow before the open. The options market is implying about a 5.5% one day move, which is rich to the 4 qtr avg of only 2.25% and the 10 …
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At the Dealbook Conference on Tuesday, Andrew Ross Sorkin (editor of the New York Time’s Dealbook blog and CNBC host) interviewed Stanley Druckenmiller, the founder of (now closed) hedge fund firm Duquesne Capital Management and Soros alum. …
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Walmart (WMT) had no shortage of reasons for last week’s poor earnings results and downgrade of forward guidance last week. Since the stock’s 8% one day decline on October 14th to new 52 week lows, …
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In early August we placed a bullish trade in a defensive stock that we thought had been adequately punished for the better part of 2015, Proctor & Gamble (PG), read here. We decided to add …
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Event: AMZN reports Q2 results tonight after the close, the options market is implying about a 10% one day move which is a tad shy of the 4 qtr avg move of 11.5%. Price Action …
Continue readingHere is some generally directional, untied options activity that caught my eye during Tuesday’s trading: 1. WMT – made a new intra-day 52 week low and is quickly approaching massive long term support at $70. When the …
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As goes the U.S. consumer, so goes the U.S. economy. Bur trying to decipher the strength of the U.S. consumer by merely looking at some of the top performers in the retail space (what we …
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