New Trade – $USO: Oil Spill

oil-slick

In mid June when ISIS terrorists were making steady advances on Iraq's northwest (where much of the their oil production sits) crude oil broke-out to new nine month highs.  At the time we highlighted the … [Read On]

$HLF – Time to Smoke Herbalife?

herbalifelogo

Back in a January post we detailed the activity in the Jan15 50 puts in HLF when the stock was in the low $70s after a quick decline from the recent highs int he lows $80s: Well, in the past week, we’ve … [Read On]

On Bitcoin – A Guest Post From Brian Kelly

bitim

Many of you know my friend Brian Kelly from CNBC's Fast Money program.  But what many of you don't know is that Brain has recently completed a book on Bitcoin and has created his own digital coin called … [Read On]

MorningWord 8/22/14: A Game of Risk

MorningWord

I'll keep this short this morning.  Yesterday I wrote of how I am often confounded by macro movements in currencies commodities and bonds (In Our Own World) and their effects on the U.S. equity markets (of … [Read On]

Name That Trade – $CRM: Cumulo Nimble

Screen Shot 2014-02-26 at 12.15.47 PM

Earlier we previewed CRM's Q2 earnings due out after the bell (below).  I concluded: As for the set up into the quarter, the stock's underperformance over the last few months is probably the most … [Read On]

$CRM Q2 Earnings Preview

Screen Shot 2014-02-26 at 12.15.47 PM

Event:  CRM reports its Q2 earnings today after the close.  The options market is implying about a 6% one day move, which is slightly below both the 4 quarter average of 7.25% and the 8 quarter average of … [Read On]

MorningWord 8/21/14: In Our Own World $SPY

MorningWord

I consider myself a "situational" investor/trader. I try to have some sort of top down framework on the macro environment.  Specifically, I look at micro situations and work my way back up to the middle … [Read On]