I wanted to take a moment to go over the AAPL trades we've done on the site for the past couple of weeks. The trades have turned out very well, and part of the reason has been disciplined trade … [Read more...]
MorningWord: 9/30/11
8:35 am EDT - September 30, 2011 By Dan
MorningWord: 9/30/11: Yesterday's late day rally was nothing less than excruciating for those who were short the market, but I will say it can't be that surprising when you consider lightly manned … [Read more...]
Dow Goes One Way, Nasdaq Goes The Other Way, This Guy’s Sayin’ Whaddya Want From Me?
4:15 pm EDT - September 29, 2011 By CC
Tonight on the news you'll hear how the stock market was up on the day with the Dow Jones average having a pretty nice gain, especially considering it dipped briefly into negative territory. But if … [Read more...]
I Am Washing my “HANS” of This Consumer Discretionary Name
3:15 pm EDT - September 29, 2011 By Dan
Looking at the damage done today in consumer names today I am actively looking for those that haven't broken yet.....This action is downright disgusting; LULU -5%, CMG -4%, COH -8%, TIF -9%, ANF -6% , … [Read more...]
AAPL: Closing Nov Call Spread, And Adding New Short Term Bearish Trade
11:13 am EDT - September 29, 2011 By Dan
Update Sept 29th 2011: Earlier this morning on "quick hits" I mentioned that I closed the balance of my Nov 405/425 call spread at 8.00 when the stock was $399. This trade was a decent winner and a … [Read more...]
MorningWord: 9/29/11
9:01 am EDT - September 29, 2011 By Dan
MorningWord: 9/29/11: S&P futures are trading near the highs of the overnight session on better than expected GDP and lower than expected Jobless Claims coupled with a mildly positive … [Read more...]
Eurotrashed: The Calendar
12:22 am EDT - September 29, 2011 By CC
Here's an update on upcoming events in the Eurozone mess, from Dow Jones: --Thursday, Sept. 29: The EU/ECB/IMF troika returns to Athens to continue assessing Greece's progress in cutting its budget … [Read more...]
What Went Wrong in the SPX? From a Constructive Up-Trend Channel to Disastrous Head and Shoulders Top Formation
6:52 pm EDT - September 28, 2011 By Dan
Yesterday's late day collapse, with today's inability to hold the morning gains only to collapse for the second afternoon in a row may be the nail in the coffin for this trading range we have been … [Read more...]
Eurotrashed Update
4:15 pm EDT - September 28, 2011 By CC
WSJ BERLIN (Dow Jones)--German Chancellor Angela Merkel's center-right coalition faces a tough political test on Thursday when the parliament votes on expansion and reform of the euro-zone's bailout … [Read more...]
MorningWord: 9/28/11
8:18 am EDT - September 28, 2011 By Dan
MorningWord: 9/28/11: Yesterday's rally of 2.8% in the SPX was fairly impressive until about 2:30pm when they turned on a dime and spent the next hour and a half giving back two thirds of the day's … [Read more...]
ESFS, Greece, PIIGS and Banks: What You Need to Know
11:30 am EDT - September 27, 2011 By CC
Here are some bullet points on the rumors out of Europe. First off, if you are hearing about this ESFS for the first time today, here's what it is. Remember these are rumors and could have been leaked … [Read more...]
MorningWord: 9/27/11
7:20 am EDT - September 27, 2011 By Dan
MorningWord: 9/27/11: Up was the preffered direction overnight.....To say equity markets the world over are raging is an understatement.....The DAX is up 4% as I write at 8am capping a 3 day rally off … [Read more...]
In Between Days: Eurotrashed, Amazon, and No Shutdown
12:48 am EDT - September 27, 2011 By CC
Tomorrow’s Tape: Confidence Builder Economics: 9:00 a.m. ET: Case-Shiller home-price index for July. Slight improvement seen, from “awful” to “slightly less awful.” 10:00 a.m.: … [Read more...]
Netflix (NFLX): If You Can’t Beat ‘em, Join ‘em…Some Think AMZN Should be Lurking
1:55 pm EDT - September 26, 2011 By Dan
NFLX has been one of those stocks that unless you had balls of steel and grown them in the last 2 months, it has almost been impossible to make money on the short side....I have … [Read more...]
MorningWord: 9/26/11
8:39 am EDT - September 26, 2011 By Dan
MorningWord: 9/26/11: Our futures had a wild night, up 1% out of the gate, then down 1% now up 1%.....European markets are raging, up 2-3% across the board as their is greater confidence that European … [Read more...]
Options Action Recap and a Look Ahead
11:16 pm EDT - September 25, 2011 By CC
Here's Dan discussing Hewlett Packard and his trade idea from Friday: Also, here's a look at what's ahead this week on the data front, from Business Insider: Monday, September 26: 8:30 … [Read more...]
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