We’ve decided to post the options recap in the morning as opposed to the prior evening. As traders, our focus is on the next day. We hope that reading the post in the morning of …
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Most professional portfolio managers, whatever their sales pitch, are in the business of chasing performance. Their career is always more at risk if they miss the big trends than if they fail together with the …
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The materials sector has been the worst performing sector in the U.S. market for much of 2013. Stagnant metals prices, rising costs, weak emerging markets, and Chinese overcapacity have all been partly to blame. The …
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MorningWord 8/6/13: In this space yesterday I discussed the relative out-performance of Web 2.0 stocks vs their brothers from another bubble (here), and what the frothy price action could mean at this stage of the …
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The Economist had an in-depth article in this week’s issue with the subtitle, “The day of the huge integrated international oil company is drawing to a close.” The article goes on to argue that the …
Continue readingTrade Update June 21st, 2013: Earlier this morning CC updated our thoughts heading into today’s expiration in his Considering Our Options post (here) and the conclusion was with both spreads at intrinsic value that …
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Back on June 6th we legged into a bit of a pairs trade by selling a put spread in XLU and buying a put spread in XLE. Here’s how those trades looked: 1:02 PM EDT …
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MorningWord 6/10/13: If you are in the financial punditry biz and or a active market participant (I consider myself kind of both), there is nothing like scooping Barron’s. Late last week I laid out a …
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Ok, before the open I laid out the case for Short XLE via Long Premium and Long XLU via Short Premium, and why I liked the 2 as a pairs trade. When XLE was up …
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Earlier this morning I laid out the case for long XLU, short XLE (below), With the XLE up I am going to leg into this pairs trade and put on this portion and look to …
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